Filed Under (Hedge Funds) by Admin on 10-10-2011
Fat tails getting obese? It’s sad seeing peoples’ savings and pensions hurt by the stock market bet. Again. No returns despite vicious volatility for so many years. An equity risk premium but no performance premium? When bonds rise so does underfunding. I access skill instead of gambling on indices. Bear markets and low interest rates don’t impair the returns of intelligently constructed portfolios. The future is unknown so robust hedging and multi-strategy alpha are essential.
Shorts are mandatory; longs are optional. How many more lost decades can we afford? Government debt concerns hit markets so “rational” investors buy “safety” in zero yield cash! My retirement plan needs real absolute returns in all market conditions so is ONLY invested in alpha. I don’t want a cent run by “cheap” managers. I prefer +10% every year after fees no matter what happens and only the best deliver that. Proper hedge funds aren’t the problem; they are the solution.
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Filed Under (Investor News) by Admin on 04-10-2011
Oct 04, 2011: If someone told us that monkeys could serve as butlers or waiters, it’d be hard to believe it. A natural response might be “You’ve got to be kidding right?”
Well not anymore. Monkeys as waiters and butlers has become a reality in Japan!
Two simians named Yatchan and Fukuchan serve customers hot towels and drinks in The Kayabukiya tavern north of Tokyo. And we do have to tip them,
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Filed Under (Hedge Funds) by Admin on 02-10-2011
Fat tails get obese? It’s sad to see peoples’ savings and pensions hurt by the stock market bet. Again. No returns despite vicious volatility for so many years. An equity risk premium but no performance premium? When bonds rise so does underfunding. Since I don’t gamble I access skill premiums instead. Bear markets and low interest rates don’t impair the returns of intelligently constructed portfolios. The future is unknown so robust hedging and multi-strategy alpha are essential.
Shorts are mandatory; longs are optional. How many more lost decades can we afford? Government debt concerns hit markets so “rational” investors buy “safety” in zero yield cash and negative yield gold! Unlike them, my retirement plan needs adequate absolute returns in all market conditions so is ONLY invested in alpha. I don’t want a cent run by “cheap” managers. I prefer +10% every year after fees no matter what and only the best can deliver that. Proper hedge funds aren’t the problem; they are the solution.
Read the rest of this entry »
