linkedin-with-circle twitter-with-circle rss search

Hedgies Piggybacking

One of my favorite topics on World Beta is mining the SEC filings for hedge fund ideas. Judging by how many people have bookmarked the portfolios on Stockpickr, they are the most popular topic on the blog as well. The 13Fs come out in a…

Read More →

Want to Invest in DE Shaw?

Most of the top hedge funds in the world are closed to new investors. Or, if they are open to investors the minimums are so high only the top echelon of the rich and institutions can access them. However, what if I told you that…

Read More →

Emanuel Derman’s Blog

Just came across his blog – it’s a good read. He is a much more sophisticated and academic (I consider myself a quant lite), but does a good job of distilling complex ideas into simple explanations. He is also the author of “My Life as…

Read More →

Hedge Funds

Readers of this blog will have already seen the material, but I have an article this month in the British publication, The Technical Analyst. Link to the article – “Comparing Returns: Market Timing vs. Hedge Fund Indices“. I’m on the East Coast (DC, NC, SC)…

Read More →

Unusual Arbs

“Money won is twice as sweet as money earned” – Fast Eddie Felson, The Color of Money My first exposure to arbitrage was while attending school at Virginia. We were bottom of the barrel in basketball all 4 of my years there. At most ACC…

Read More →

The Volatility Effect & Following Your System

As always, CXO does an exemplary job summarizing a new paper out titled, “The Volatility Effect: Lower Risk without Lower Return“. Bottom line (from CXO): In summary, investors overpay for volatile stocks over the long haul, most dramatically during bear markets. In an unrelated note,…

Read More →

Not So Good News For Exxon

Mohnish Pabrai is a hedge fund manager in the style of Warrenn Buffett, and his hedge fund has reported annualized returns of over 28% net of fees since inception in 1999. I recently read Mohnish Pabrai’s book titled “Mosaic: Perspectives on Investing“, which is mainly…

Read More →

Too Many Factors! Do We Need Them All?

As usual, CXO does a great job distilling a long academic paper into the key points. This paper is worth a read and can be found here. Abstract: We investigate more than a dozen of factors formed on firm characteristics and risk measures that have…

Read More →

Web Statistics