I forgot to post this last week, but Charles Skorina, who is the resource for all things endowment and CIO related, is co-sponsoring a contest and the winner gets a free pass to Drobny’s annual macro conference (open to only 100 or so mostly buy side managers only). See below:
Announcing the Skorina/Drobny Best Trade Idea Contest:
Maybe nobody invited you to Davos. Again.
Maybe you saw Steve Cohen once at a Mets game, but he didn’t wave back.
Maybe Ray Dalio’s 211th Principle is that he won’t return your calls.
Don’t despair! You may still qualify for a coveted seat at the Spring 2012 Drobny Global Conference in Santa Monica, California on April 26/27. The Drobny Global Conference is THE event in global macro and commodities, and it’s standing room only. They only let about 100 of the best guys in the room – and it’s pretty much all managers, to ensure to “favorite trade” discussion and debate is of the highest quality. But I, through cunning (and my vast rolodex), have found a way for you to get in. Just one of you, but hey, they’re turning people down daily. All you need is a little moxie and a great trade idea… Here’s how it works:
1. Create a one-page Word or PDF document with the following required fields. (Keep the length to one page maximum, please!)
- Email Address
- Name of Employer
- Theme of Trade
- Trade Idea (instruments, entry, rationale, etc.)
2. Send your Best Trade Idea document as an email attachment to: firstname.lastname@example.org
3. Wait patiently while Drobny Global Asset Management (DGAM) and Steve Drobny sort through the entries. Based on the criteria of:
- Risk/reward characteristics;
- Liquidity of the investment;
- Originality of the theme; and,
- Analytical thought process…
…yours will easily stand out from all the dross!
4. Lunge for the phone on Monday, April 9, when Mr. Drobny personally calls to congratulate you on your brilliant idea.
5. Call me to say thank you!
6. Buy a ticket to Santa Monica, California. (Sorry, travel and lodging are on your dime.) The contest is open to all Skorina Letter readers, but time is short. You must submit by Friday, April 6th. Steve Drobny is, of course, the engine behind Drobny Global Asset Management, and the author of best-selling The Invisible Hands and Inside the House of Money, two of the best books out there on what hedge fund managers really do. Pre-DGAM, Steve worked for Deutsche Bank’s hedge fund group in London, and as a derivatives trader in London, Zurich, and Singapore. He has a Masters from London School of Economics and a Bachelors from Bucknell University. Wouldn’t you like to corner Steve and make him tell you everything he knows about global macro? Of course you would! So get busy, you’ve only got until Friday, April 6th.