Justin Fox, author of The Myth of the Rational Market and Executive Editor of the Harvard Busienss Review Group publications, doesn’t think there is much mystery to Carl Icahn’s investing philosophy, although few have actually generated Icahn's level of success.
But regardless of track record, the approach is simple, Fox says. In fact, he thinks his four year old could do the same work.
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
Hedge fund short sales covered within earn an average abnormal return of 14 bps per day - Study
A First Glimpse into the Short Side of Hedge Funds
Jaewon Choi
University of... Read More
The consensus has earnings per share (EPS) growing by 11 percent for 2013, but according to a Citi equity strategy report, that number is far too high, just like... Read More
The cheap liquidity is now drawing to an end in China. With China withdrawing liquidity and less generous liquidity provision from the US going forward the region is facing... Read More
Following are excerpts from the unofficial transcript of CNBC interviews on CNBC’s “Squawk Box” this morning live from the World Economic Forum in Davos, Switzerland, including: U.S. Department of... Read More
Banks continue to get it on the chin. After unexpected trading losses in billions, Libor rate manipulations, and irregularities in credit card swipes, here is the latest on another... Read More
Thanks to GDP growing 53% higher today as compared to the pre-GFC peak, buy-backs are now very much a developed-market phenomenon, note Citi analysts.
Markus Rosgen and Yue Hin Pong... Read More
American International Group Inc (NYSE:AIG) released its earnings report for the three months through September this afternoon after the market closed on Wall Street. The company showed earnings per... Read More
Companies, most of them large banks, are issuing preferred stock to bolster their capital base and to meet investors’ demand for higher yields.
The Wall Street Journal reports that the... Read More
All eyes are on the actions of the world’s two largest economies - the US and China - as details further unfold on import tariff policy measures. Trade tensions... Read More
Bill Ackman's hedge fund, Pershing Square Capital Management may be the second biggest owner of Valeant Pharmaceuticals International Inc., but the fund's diversification has helped insulate it (somewhat) from the brunt... Read More
