Have they started a new fund? I heard from very close sources, they lost upwards of 75-80% of their AUM and handed over whatever remaining holdings they had directly to their investors.
There's another thread about this firm. Do your due diligence and lookup the head person for NASD infractions. I've spoke w/ the guy and asked him directly about it. He denied it was him but admits to living in the same part of long island where the infraction took place. Coincidence? You...
I'd like to join as well. Though I do my trading using other tools, I do a lot of portfolio analysis in Matlab and would like to explore Matlab in this capacity.
I believe that the majority, if not all, accounts were brokerage accounts. The media keeps referring to him as a hedge fund mgr b/c of all the feeder funds that allocated $ to him.
Here's my take....
My understanding is that all accounts were brokerage accounts, which does fall under the SIPC. It is my gut feeling that SIPC will attempt to pay off investors b/c of the fallout of the SEC and their lack of oversight. It's probably more of a political thing in that...
I have never really thought much of the Sharpe Ratio. It is my understanding that it was really originally intended for the mutual fund community and somehow it spread to other investment vehicles. I completely agree w/ you PFT. The calmar sterling, and sortino ratios are better imho