Who are the best stock investors on Wall Street? Is it Paul Singer, Ray Dalio or Seth Klarman? It might not be who you think. Additionally, Sec employees might be more competent than we thought. A new study from professors at Columbia University and Arizona State University notes that it is employees of the Securities and Exchange Commission that have the most consistent record of beating the market. Do they have an informational advantage? Or is the issue more based on a forced policy? [klarman] Researchers find unusual alpha on the sell side Monitoring trading data from 3,500 SEC…
Turns Out SEC Is More Competent Than Assumed [STUDY]
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.