"Risk is what you make of it."

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With lots of hedge funds turning in horrendous performance numbers, if I was Ken Griffin (and my flagship fund was down 44%), I would...

2nd Blogiversary

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World Beta just reached its second year blogging - 400 posts and counting! Rainy and nasty here in Portland.----It looks like Farallon and...

Traveling

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In San Francisco (Tues and Friday) and Portland (Wed and Thurs) this week.

LinkFest

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I wanted to comment on the CTA performance paper I mentioned the other day. From the paper:We focus on commodity trading advisors, a...

Kabloooey!

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Back in March of 2007 I wrote about how the option selling funds were a blowup waiting to happen. Below is an update...

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I think Japan could have a monster year in 2009 - they are back to where they were in 1982, and have experienced three...

When It Hits The Fan……

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..all correlations go to 1.This year has been marked by truly horrendous returns, not just in equity markets, but in nearly every market and...

What Happens After Two Big Down Months In A Row?

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With October shaping up to be as bad (and probably worse) than September, let's look at what happens after two really bad months in...

LinkFest

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I guess when you return 870% in a year you can write whatever you want. . . ---- Another blogger pulls his content from Seeking Alpha. ---- TIPS...

LinkFest

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Looks like we're not the only one that is heavy in cash - Cohen moves most of his fund to money markets for the...