A good friend who works in finance for a hedge fund is interested in diversifying his personal investment portfolio. He’s lost some trust in the short term markets and doesn’t want both his career and investments to be completely reliant upon the unpredictable and irrational swings in the current market. One investment that he is [...]
I came across this news story last night and it’s just too good. There is a hedge fund manager in Los Angles named Andrew Lahde. Last year he made a whoppingly insane 866% return by betting on the subprime mortage collapse. He recently announced that he is leaving the hedge fund business with a letter [...]
As a kid, I was somewhat of a math whiz. I was always in some kind of special math program and went from a mathlete (kind of like Jeff and Vant) to the glorious position as captain of the Great Neck North math team. But my talent in math probably had more to do with [...]
I’ve been tuned in to the Wall Street financial collapse for the past few weeks since I wrote my last blog post on the market. I wake up and go to sleep to CNBC and devour as much intelligent analysis as I can find in regard to the credit crisis, bailout plan and status of [...]
