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  1. M

    The ultimate carry trade

    TSE J-REIT Index Double bottom in the making?
  2. M

    SAC"s DEMARK finally speaks!

    Surf, I guess all these funds are 10-sigma events and all these returns (net of fees) with reasonable drawdowns are theoretically impossible according to your 'efficient market theory': Winton Capital ($7.2 bln under management) Lynx/Brummers AB ($1.7 bln under management) Tulip...
  3. M

    SAC"s DEMARK finally speaks!

    And if he was the Dalai Lama himself what does it matter? Facts are facts and BS is BS.
  4. M

    SAC"s DEMARK finally speaks!

    Right. Totally impossible LOL. Really makes him look like a complete moron after trend following managed futures funds had their best 12 month return period in years.
  5. M

    just blew a giant score , distraction is a terrible thing

    Not blaming the scummy short sellers this time? I'm shocked.
  6. M

    Anyone else having trouble getting IB market data today?

    I have this problem every once in a while. I usually log out and then back in and it is back to normal. Happens maybe once every week or so.
  7. M

    What strategies do hedge funds use?

    A brief overview of the most common headline strategies http://www.amazon.com/Investment-Strategies-Hedge-Funds-Finance/dp/0470026278/ref=pd_sim_b_5
  8. M

    Alpha Hedge Fund Hall of Fame interviews/profiles

    Thought this might be of interest to some here, from Institutional Investor: "Fourteen men whose power and influence have helped to create a $2 trillion industry" http://www.iimagazine.com/Article.aspx?ArticleID=1960740 Bruce Kovner...
  9. M

    Quant guys made a fortune?

    No trade is ever 'very easy'.
  10. M

    A Most Beauthiful Sucker's Rally: 7/17/2008

    The simple fact that we rallied doesn't make it a suckers rally before the fact. Let's see how we perform on a retracement over the next couple days and weeks. We could easily rally to 1330/1350 and still qualify for a textbook oversold rally that will collapse under its own weight. It's way too...
  11. M

    Trade Credit Default Swaps?

    From realmoney.com
  12. M

    "Always be fading"?

    “I’d be a bum on the street with a tin cup if the markets were always efficient.” -- Warren Buffet
  13. M

    Some Hedge Funds really taking it

    The burden of proof is on you, not me. You are questioning the rationale of billions of dollars invested by leading institutions, family offices and endowments, not me. I posted a live single FOF track record and the equal-weight FOF sub-index of the leading hedge fund index (HFRX). So far...
  14. M

    Some Hedge Funds really taking it

    HFRX Fund of Funds equal weight index in USD net of fees vs. MSCI World USD hedged.
  15. M

    Some Hedge Funds really taking it

    You are not presenting any facts. Not presenting any statistics, cases or examples. Just opinion. What you can't rationalize can't possible be reality, can it?
  16. M

    Some Hedge Funds really taking it

    1. The fund of funds I posted above has a 10 year track record, not 1 year. 2. I'll say it again for you: Only amateurs worry first about fees and only second about risk adjusted returns. 3. Did you say something about efficient markets in one of your posts above? Are you sure you're on the...
  17. M

    Short the bank rallies

    I thought you were long UYG and magically making profits trading in and out of it all the time? Now SKF? Kind of redundant don't you think?
  18. M

    Some Hedge Funds really taking it

    Most investors in hedge funds will typically have a 20-50% exposure to equities to begin with. Being long an additional synthetic call on 'bluechips' instead of a diversified basket of hedge funds would be counterproductive to the overall portfolio's risk/reward characteristics.
  19. M

    Some Hedge Funds really taking it

    Here's the track record of a Swiss Fund of hedge funds. In USD, net of fees. This is a real live forward trading track record, no backtesting. Results are net of fees. Handily outperformed global equities and Swiss government bonds over a full market cycle. Down 4.5% YTD in 2008. But all...
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