2 April 2022
hedge fund strategies
The Tiger
“The cave you fear to enter holds the treasure you seek.”
26 March 2022
hedge fund structure
Until the end, when it bends
“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor.” - Jesse Livermore.
19 March 2022
hedge fund investor
Signal failure
The word “propaganda” used to have a comparatively innocent meaning. It was how the Church sought a way of propagating the faith. Then came the ‘Great War’..
12 March 2022
hedge fund research
Beating the professionals
“To succeed in today’s overcrowded environment, investors need an edge, an advantage over the competition, to help them allocate their scarce time. Since almost everyone has access to complete and accurate databases, powerful computers, and well-trained analytical talent, these resources provide less and less of a competitive edge; they are necessary but not sufficient. You cannot have an edge doing what everyone else is doing; to add value you must stand apart from the crowd. And when you do, you benefit from watching the competition at work.” - Seth Klarman.