DC & NYC

DC all this week, NYC all next.  Drop me a line if you’re around for a meetup.  And if you have any suggestions for things to do or places to eat please pass them along this gorgeous spring!

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I have nine papers in various stages of completion.  Looking forward to post-June travels and getting them out…

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If the next 200 pages are as good as the first 50, Empire of Wealth: The Epic History of American Economic Power is a must read.

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Morningstar is enlarging their Alternatives category to include the following areas:

Bear Market, Currency, Long/Short Equity, Market Neutral, Multi-alternative, Managed Futures, Volatility, Trading – Leveraged Commodities, Trading – Inverse Commodities, Trading – Leveraged Debt, Trading – Inverse Debt, Trading – Leveraged Equity, Trading – Inverse Equity, Trading – Miscellaneous

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It looks likes MIT has spun off their Billion Price Project into a company.  Simple, but brilliant idea now paired with State Street:  PriceStats.

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70 pages of VIC notes.

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Thoughts on currencies from the Value Restoration Project:

“In the short term, risk appetite drives currency. In times of risk seeking, capital flows to higher inflation, higher yield currencies. In times of risk aversion, CAPITAL COMES HOME. It does not, according to Persaud go to the “safest” currencies, but it comes home. “