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    CTA performance dips marginally as trends pull back

    CTA performance dips marginally as trends pull back Tue, 08/10/2019 - 09:38 Tags : Results & performance Following a period of strong performance, CTAs gave back some of August’s gains in September, closing the month at -3.21 per cent, but the YTD figure is still up by +8.75 per cent. Trend...
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    David Tepper to Keep His Hedge Fund Alive for Handful of Key Investors

    David Tepper to Keep His Hedge Fund Alive for Handful of Key Investors (NewsMax.com) Billionaire David Tepper will keep managing money for 15 investors and return the rest of the firm’s outside capital as he moves toward starting a family office. His Appaloosa Management will begin giving...
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    In Search of God!

    “What’s the secret of a great attitude? Choice.” - Charles Swindoll
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    Where Active Managers Should Dominate, They’re Flopping

    Where Active Managers Should Dominate, They’re Flopping In one of the least efficient asset classes — emerging market debt — just one in five beats their benchmark. Julie Segal October 07, 2019 Dhiraj Singh/Bloomberg In the ongoing battle with passive funds, active managers argue that...
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    The computer overlords have come to finance

    The computer overlords have come to finance Holy HAL. As artificial intelligence gets more, well, intelligent, it’s playing a bigger role in the finance world -- and it’s starting to write its own rules. Although there are certain efficiencies inherent in letting a machine run the numbers, some...
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    Wealth Taxes

    Wealth Taxes The New York Times has an interesting piece on how, while it wasn't true a decade ago (when Warren Buffett claimed as much) that the wealthy pay a lower tax rate than the middle class, it is true now. In fact, last year was the first on record in which the 400 wealthiest Americans...
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    Houston Rockets

    Houston Rockets Daryl Morey, the general manager of the Houston Rockets, has apologized after tweeting support for pro-democracy protestors in Hong Kong. The now-deleted tweet upset the authorities in China, where the U.S. National Basketball Association does big business. Morey: "I have...
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    In Search of God!

    “If you want to find God, hang out in the space between your thoughts.” - Alan Cohen
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    In-N-Out president explains why the burger chain probably won't expand to the East Coast

    https://www.sfgate.com/news/article/In-N-Out-owner-president-snyder-family-14496401.php PS managers make $160k/ year, image 19
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    These hustlers resell Supreme and Kith streetwear to pay bills

    https://nypost.com/2019/10/05/these-hustlers-resell-supreme-and-kith-streetwear-to-pay-bills/
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    Huawei Ban

    Google it. Huawei launched its new flagship phone, the Mate 30, last week. It was the first Huawei phone to be delivered without Google services, after the U.S. company was prohibited from working with the Chinese phone maker. Before the launch, a Huawei executive said there would be a...
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    The startup making drone-killing robots

    Top Gun. China celebrated 70 years of Communist Party rule on October 1 with a military parade that showcased a variety of cutting-edge military tech. On display was a stealth combat drone, which is thought to have a longer flight range than fighter jets; a hypersonic missile, which can evade...
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    US investment funds helping build Chinese warships

    Top Gun. China celebrated 70 years of Communist Party rule on October 1 with a military parade that showcased a variety of cutting-edge military tech. On display was a stealth combat drone, which is thought to have a longer flight range than fighter jets; a hypersonic missile, which can evade...
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    The startup making drone-killing robots

    The startup making drone-killing robots:Anduril, the secretive defense tech startup valued at $1 billion, works with the government to build surveillance systems on military bases and along the Mexican border. Now, however, it’s getting into the hot-button issue of developing automated weapons...
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    The photographer documenting the edges of the Earth

    The photographer documenting the edges of the Earth:Thomas Joshua Cooper risks his life to document the world’s most remote places. He sets his camera in places with names like Cape Frigid on the Frozen Strait and the Lighthouse at the End of the World. Take a look inside the project he’s been...
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    The fashion powerhouse aiming for global domination

    The fashion powerhouse aiming for global domination:For nearly 40 years, Michael Kors has been a designer who has blended luxury and popularity to create a global empire. But the question is, with the internet upending his industry, how will he push forward? Kors answers as only he can: By going...
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    The improbable Bitcoin evangelist

    The improbable Bitcoin evangelist:Everyone thought Michelle Phan had died. After 10 years, 385 videos, and over 1 billion views, YouTube’s biggest beauty star disappeared abruptly in 2015, leaving her Twitter, Instagram, and video channels silent. More worryingly, Phan also disappeared in real...
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    The mentalist manipulating your thoughts

    The mentalist manipulating your thoughts:Derren Brown has become famous for an astonishing ability to seemingly read people’s thoughts and to control their actions. He has successfully reinvented mentalism for a new generation, framing his feats as a cutting-edge knowledge of the mind and how to...
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    Attorneys say disgraced Theranos founder Elizabeth Holmes isn’t paying them

    Attorneys say disgraced Theranos founder Elizabeth Holmes isn’t paying them Stanford dropout commanded billion-dollar firm before downfall 1 of 9 Elizabeth Holmes, founder of defunct lab testing company Theranos, leaves federal court in San Jose, Calif., Monday, Jan. 14, 2019. Holmes is...
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    In Search of God!

    “We are healed of a suffering only by experiencing it in full.” - Marcel Proust
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