LinkFest

How to play the January Effect with CEFs.

—-

The Unwisdom of Crowds

—-

A third of all hedge funds going to disapear?

So you’re saying this is a bad time to start a couple funds?

—-

Deflation and more here.

—-

Wolverine trailer here. Time to get long Marvel (MVL)?

—-

Perfume that sprays on blue but fades to clear over time.

—-

Science advice to the new President.

—-

Design highlights ’08.

—-

Top soverign debt defaulters.

—-

NGeo on gold.

—-

Yale’s endowment is struggling, but it is still beating Harvard. More here.

—-

My paper breaks into the top 20 most read papers of all-time on the SSRN! That is out of over 170,000 papers. . .

Keep an eye out in January for a much needed update with new data including out-of-sample results from 2006-2008.

—-

Pic of the Madoff equity curve. This should have been red flag #1. (HT: KP)

It reminds me of all the option selling funds I wrote about back in March ’07. This is an example of a strategy that works, at least until it doesn’t. So much for those high Sharpe Ratios. . .

(Click on chart to enlarge.)