Here’s a great passage from Skin In The Game by Nassim Taleb in which he discusses how easily investors can be hoodwinked by smooth talking salepeople promising outsized returns... read more

Volatility has been acting “odd,” a research note from MKM Partners observed. Back on March 6, when the research provider made the projection that volatility spike was likely to... read more

Steven Cohen's Point72 Asset Management hired Matthew Granade as the chief market intelligence officer. Mr. Granade was the former co-head of research at Bridgewater Associates. Mr. Granade will supervise the data sourcing... read more

Kyle Bass, founder of Hayman Capital Management, LP talks about a looming economic crisis in Japan. The logical conclusion of fiscal profligacy about to play out - likely soon. Kyle... read more

Sovereign Debt Restructuring: Evaluating the Impact of the Argentina Ruling Harvard Business School & NBER June 2014, Study By: Laura Alfaro Abstract Recent rulings in the ongoing litigation over the pari passu clause in Argentinian... read more

Jamie Dimon isn’t the only one to question bitcoin. On the day the outspoken JPMorgan chief told the world bitcoin was a “fraud,” a Bank of America Merrill Lynch... read more

Passion for Reality: The Extraordinary Life of the Investing Pioneer Paul Cabot (Columbia Business School Publishing) by Michael R. Yogg and John C. Bogle Passion for Reality: The Extraordinary Life... read more

Bill Gross  INVESTMENT OUTLOOK There’s 50 ways to leave your lover and maybe more than that to lose your money or “break the buck,” as some label it in the... read more

This post was originally published here. The worst investment experience in my life was during the Dot Com period of the late 1990s, when almost everyone was a fanatic about the “Internet magic”. I was... read more

The Knowledge Effect: Excess Returns Of Highly Innovative Companies via Gavekal Capital By Steven Vannelli, CFA, and Eric Bush, CFA Executive Summary In this paper, we identify the Knowledge Effect, the tendency... read more