Weekend Linkfest

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I always save old copies of Barrons that had investment ideas I found interesting, but wanted to revisit at a later time. I...

Vonnegut on the Financial Markets

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I really miss Kurt Vonnegut. From Galapagos, circa 1985: The thing was, though: When James Wait got there, a worldwide financial crisis, a sudden...

Wahoo Wha??

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A lot of the endowments are struggling with the recent market meltdown. Unfortunately, my alma mater happens to be one of the worst...

"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...

LinkFest

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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...