In a recent talk at the Federal Reserve Bank of Atlanta, Nobel Prize-winning economist Joseph Stiglitz suggested taxing high frequency trading as a way to effectively stop the practice without an outright ban. Joseph Stiglitz has rejected the notion that HFT benefits the market, or society, and argued that it actually destroys value, reports Pedro Nicolaci da Costa at The Wall Street Journal.
Is activist investor Carl Icahn’s strategy so simple anyone, even a child, could do it? Justin Fox, author of The Myth of the Rational Market and Executive Editor of the... Read More
Following on from Deep Value Graham & Dodd Opportunities In Japan (Part One), in this part I’m looking at Jefferies’ recently published a research note on Japan’s economic reforms... Read More
A bird’s-eye view of 13F filings from significant investors is available from www.filingsanalysis.com. It covers key trends during Q3 and may be read here. Small and mid caps more popular Fund... Read More
There are some striking trends in the Institutional Investor’s Alpha magazine “Rich List,” a ranking of the top hedge fund managers based on the individual manager’s earnings. Not only... Read More
On Monday, Pep Boys’ board indicated that billionaire Carl Icahn has increased his offer to acquire the auto service retailer to $16.50 a share, topping a $15-a-share bid that... Read More
You won't be a successful investor if you don't have an investing edge. You won't beat the market if you don't have a strategy that differs from other market... Read More
The Federal Reserve wants big banks to incorporate new Basel III rules into their annual stress tests starting this year. As reported earlier, top U.S. banks are required to hold... Read More
The Commodity Futures Trading Commission (CFTC) loosened restrictions on hedge fund managers trading commodities, but average investors are not likely to see mass advertising promoting the funds anytime soon. The... Read More
Most equity hedge funds are positively correlated to the markets they trade and fail to beat equity benchmarks, but one category shows signs of noncorrelation Hedge funds have a generally... Read More
The Chicago Board of Options Exchange (CBOE) is to investigate trading glitches at its options and stock exchanges that led to some trading halt. CBOE posted an alert to traders According... Read More
