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Who Will Play Steve Cohen In Martin Scorsese’s Upcoming Wall Street Tragicomedy?
One look at the chart below from the NYT, and a pattern emerges. However, we are not sure which is the correct pattern: Either SAC, or whatever it will be called soon, has some truly impressive hiring...
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The News Industry Isn’t Dead… But Has 1 Foot In The Grave
Journalism and investment research have a lot in common, notes ConvergEx's Nick Colas; after all, both essentially ask the customer to freely part with three scarce resources: time, attention and...
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How The World’s Most Leveraged Hedge Fund Got Away With Insider Trading
While everyone is aware by now that the biggest component of SAC’s abnormal outperformance over the years was its recourse to “information arbitrage” and its reliance on “expert networks”, both of...
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Steve Cohen Is Now Hiring “Creative And Innovative” Traders Right Out Of College
To all 20-something math PhDs whose hopes of rigging markets and igniting (upward) momentum with the Fed’s explicit blessing, leading to 8 figure annual salaries, had been dashed in recent years as...
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The Biggest Surprise About Claren Road’s Upcoming Liquidation
That one (and pretty much all) of Carlyle’s hedge funds, namely the commodity-focused Vermillion Asset Management, did not have a good 2015 was well-known after as Bloomberg reported, its founders –...
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Nassim Taleb’s Fund Made $1 Billion On Monday; This Is How The Other “Hedge”...
You can’t say Nassim Taleb didn’t warn you: the outspoken academic-philosopher, best known for his prediction that six sigma “fat tail”, or black swan, events happen much more frequently than they...
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More Bad News From Tom DeMark: “We Should See The Market Drift Lower For The...
While most technicians, especially under central planning when the best laid charts can collapse overnight when Yellen sneezes or the BOJ decides to monetize more than 100% of its gross annual treasury...
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ZeroHedge: Is Steve Cohen Back To His Criminal Ways
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Over five years ago, months before most had heard of “expert networks”, soon to be the fixture in the biggest...
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Hedge Funds Haven’t Generated Any Alpha Since 2011: This Is What They Blame...
To say that hedge funds have had a tough time navigating the world of activist central banks and pervasive central-planning, would be a vast understatement. As Barclays writes in a recent report titled...
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How Much Is Equity Research Actually Worth? Probably Less Than You Thought
Over the past several months, investment banks all across Europe have scrambled to put a price tag on their equity research after years of giving it way as a ‘freebie’ in return for trading...
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