Financial advisor Julian Rubinstein, President of American Asset Management, has issues with Warren Buffett and Berkshire Hathaway’s recent letter to investors. The plain-spoken one-time business executive turned Florida-based retail investment broker is required to clearly disclose risk, which Buffett didn’t do. Rubinstein isn’t alone in having issues, other NonCorrelated hedge fund managers agree. Julian Rubinstein and David Harding serve different clients but attempt to achieve the same goal: noncorrelation Rubinstein and hedge fund luminary David Harding of Winton Capital Management might not have much in common except for their dedication to the investing concept of noncorrelation. Their strategies are designed…
NonCorrelated Investment Managers Have Issues With Warren Buffett
Mark Melin
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.