image_pdfimage_print

Top Ten Hedge Fund Letters For Generating New Equity Ideas

I’m often asked how I come up with trading ideas. My usual response is that I do a lot of reading, talking to other traders, and thinking. I don’t have a single funnel for sourcing trades. This is partly because we’re interested in all types of trades (ie, value, classic macro, special situation etc…) and don’t limit ourselves to a particular approach. What were concerned with, is asymmetry… the greater the convexity the better. Since I can’t give you my network of traders and HF managers I talk shop with, I thought I’d do the next best thing and share […]

Read More

Only Start a College Fund If…

Nothing – and I mean nothing – will change your life as dramatically as the birth of your first child. It’s a wonderful moment and one that I hope everyone gets to experience. But it will turn your life upside down. That chic apartment downtown no longer makes sense… nor does that sporty two-seater car. And enjoying that cappuccino on your patio after sleeping in late on Saturday? Yeah, maybe you can do that again in 18 years. My wife and I decided to move to Peru, where she’s originally from, for the birth of our first son. And, let […]

Read More

Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments

Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose.  Unfortunately, many are getting swept up in the current euphoria surrounding cryptocurrencies and are not listening to that very sound advice.  A disturbing new survey that was just released found that 22 percent of all Bitcoin investors are either directly or indirectly investing in Bitcoin with borrowed money… According to LendEDU, a personal loan research firm, more than 18 percent of Bitcoin investors have used borrowed money to […]

Read More

Hedge Fund Manager Mark Sellers On Becoming A Great Investor

This is a killer talk I came across from Hedge Fund manager Mark Sellers, speaking to some Harvard MBA kids on what it takes to make it in markets. Regardless of whether you consider yourself a trader or investor, Mark’s “seven traits” apply. Enjoy… First of all, I want to thank Daniel Goldberg for asking me to be here today and all of you for actually showing up. I haven’t been to Boston in a while but I did live here for a short time in 1991 & 1992 when I attended Berklee School of Music. I was studying to […]

Read More

69 Percent Of Americans Do Not Have An Adequate Emergency Fund

Do you have an emergency fund?  If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country.  I write about this stuff all the time, but it always astounds me how many Americans are literally living on the edge financially.  Back in 2008 when the economy tanked and millions of people lost their jobs, large numbers of Americans suddenly couldn’t pay their bills because they were living paycheck to paycheck.  Now the stage is set for it to happen again.  Another major recession is going to happen at some point, and when […]

Read More

The Ticking Time Bomb That Will Wipe Out Virtually Every Pension Fund In America

Are millions of Americans about to see the big, juicy pensions that they were counting on to fund their golden years go up in flames in the biggest financial disaster in U.S. history? When Bloomberg published an editorial entitled “Pension Crisis Too Big for Markets to Ignore“, it simply confirmed what a lot of people already knew to be true.  Pension funds all over America are woefully underfunded, and they have been pouring mind boggling amounts of money into very risky investments such as Internet stocks and commercial mortgages.  Just like with subprime mortgages in 2008, this is a crisis […]

Read More

What The New SEC Money Market Fund Regulations Mean For The Financial System

Things could get real interesting in the next few months. On Oct. 17th a new SEC rule finally comes into play that will affect money market funds and liquidity across the financial sphere. There’s potential for some really big moves here. Most investors don’t know this is coming, making it a giant surprise when it finally happens. And that’s because SEC rules tend to get complicated, and their knock on effects get even muddier. We’ll do our best to simplify exactly what’s happening and what it means for the markets. The story starts with money market funds — the open-ended […]

Read More

Nobody Wants a Stupid Kid – Here’s How to Start a Proper College Fund

Nothing – and I mean nothing – will change your life as dramatically as the birth of your first child. It’s a wonderful moment and one that I hope everyone gets to experience. But it will turn your life upside down. That chic apartment downtown no longer makes sense… nor does that sporty two-seater car. And enjoying that cappuccino on your patio after sleeping in late on Saturday? Yeah, maybe you can do that again in 18 years. My wife and I decided to move to Peru, where she’s originally from, for the birth of our first son. And let […]

Read More

The Fund that isn’t a fund

There is a great deal of confusion over National Insurance – what it is, how it works and what it funds. I have attempted to clear up some of the muddle elsewhere. But partly, it stems from the existence of something called the NI Fund. If there is a Fund, surely this implies that National Insurance contributions are invested? If so, those (like me) who insist that state pensions are unfunded are talking gibberish. There is indeed a NI Fund. But it is badly named. It would be more accurate to call it the NI Clearing House. It receives NI […]

Read More

New Baby? Before You Start a College Fund, Do This

Nothing – and I mean nothing – will change your life as dramatically as the birth of your first child. It’s a wonderful moment and one that I hope everyone gets to experience. But it will turn your life upside down. That chic apartment downtown no longer makes sense… nor does that sporty two-seater car. And enjoying that cappuccino on your patio after sleeping in late on Saturday? Yeah, maybe you can do that again in 18 years. My wife and I decided to move to Peru, where she’s originally from, for the birth of our first son. And let me tell […]

Read More