Tag Archives: genius
The Hedge Fund Money-Go-Round
Seekingalpha.com – Bill Ackman explains how hedge funds work, specifically with regard to investors in Pershing Square IV, his fund dedicated (disastrously) to going long Target. Some of these investors, who are for the most part other hedge funds (that […]
When Rewards Outweigh Risks
Gold Seek – Risk has quickly regained its status as a four-letter word. No one wants to hear about it and no one wants to think about it. But those willing to take it on (pragmatically, mind you) will likely […]
Broken Securities Industry Still Has $20 Billion to Pay Bonuses
Bloomberg – Five straight quarters of losses and a 70 percent slide in its stock this year haven’t stopped Merrill Lynch & Co. from allocating about $6.7 billion to pay bonuses. Goldman Sachs Group Inc. and Morgan Stanley, both still […]
