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.
The general practice of states paying for general workers’ retirement costs began about a century ago in 1911, with Massachusetts being the first adopter. Decades before states, municipalities and... read more
While investors around the world scramble to get a piece of the Facebook IPO, some analysts are suggesting that those interested in acquiring a piece of the social media... read more
Gene Munster, an analyst with Piper Jaffray, has painted a bullish picture on Apple Inc. (NASDAQ:AAPL) stock ahead of an earnings report release next week. The main highlight of his optimistic... read more
As evidenced in the LETS GOWEX SA (OTCMKTS:LGWXY) (BME:GOW) situation, a significant portion of financial statement irregularities are ignored or missed by reporting firms, their auditors, and the SEC.... read more
Question: Why are there so many mutual funds?
Answer: Mutual fund providers tend to make lots of money on each fund so they create more products to sell.
The large number... read more
KaloBios, the relatively unknown penny stock pharma company, which was on the verge of bankruptcy, hit the headlines after controversial figure Martin Shkreli took a large stake in the... read more
Deprival Super-Reaction Syndrome And Investing. Part four of a short series on Charlie Munger’s Human Misjudgment Revisited.
Charlie Munger On Avoiding Anchoring Bias
Charlie Munger On The Power Of Prices
... read more
The business of being a stock exchange has been a moving target to various degrees. With dark pools and renegade entrants eroding the business “moat,” the once dominate exchanges... read more
After coming off a muted 2016, hedge fund performance in 2017 has been holding close to their benchmarks if not exceeding them in many sub sectors. One such niche... read more
Vulcan Value Partners commentary for the third quarter ended September 30, 2016.
Q3 2016 hedge fund letters
Q2 2016 hedge fund letters
Portfolio Review
General
We are pleased to report that all strategies produced... read more