Recent content by WallStandMain

The early hedge funds -- the ones that have been around for 30+ years (and some of them still exist) -- started out buying convertible bonds (or cv pfds or warrants) and shorting stock against them. They actually hedged. Then as markets changed / developed, more strategies were added.

Hedge funds offers to price in gold http://www.ft.com/cms/s/0/efe1a910-ed98-11dd-bd60-0000779fd2ac.html

I thought Trader Monthly was fun to read, in the Gawkerish schadenfreude sense. Great to ogle at the overpaid young bucks they profiled, who often seemed like dicks. You knew many of them ultimately would fall flat on their butts (and many did, ofc) Considering I got it (and its sister...

Gawker had a funny post on the article and site early this morning: http://gawker.com/5140782/gold+digging-shrews-whine-about-banker-mates Now Gawker has another one. Apparently the girls already have a book deal...