Posts Tagged ‘hedge funds’

Interview: Lars Kroijer (Part II) - On Having An Edge In The Markets

Interview: Lars Kroijer (Part II) – On Having An Edge In The Markets

By The Banker | Audio Posts, How Not To Invest, Investing, Personal Finance, Wall Street

Please see earlier podcast Interview with Lars Kroijer Part I – on the importance of Global Diversification And my earlier book review of Lars Kroijer’s Investing Demystified. In this discussion with author Lars Kroijer we talk about the main assumption of his book Investing Demystified – which I happen to completely endorse – which is that [&hellip

Book Review: Investing Demystified by Lars Kroijer

Book Review: Investing Demystified by Lars Kroijer

By The Banker | Book Reviews, How Not To Invest, Investing, Personal Finance, Wall Street

Can we invest our own personal portfolio in a sophisticated way, to maximize our risk-adjusted returns, without incurring high costs or having to be financial experts ourselves? In his book Investing Demystified: How To Invest Without Speculation And Sleepless Nights, Lars Kroijer says yes. Kroijer was a hedge fund manager who argues forcefully against hedge [&hellip

SAC Capital - Too Much Of A Good Thing

SAC Capital – Too Much Of A Good Thing

By The Banker | Blog Posts

I covered the mortgage bond side of SAC Capital in the early 2000s, and I remember half-kidding, half-probing my client about Steven A Cohen’s seeming inability to miss.  Back then Cohen’s SAC had put together a string of annual monster returns like no other hedge fund.[1]  Cohen’s SAC Capital was the Mark McGuire of stock [&hellip

SHHHHHH...Please Don't Talk About My Tax Loophole

SHHHHHH…Please Don’t Talk About My Tax Loophole

By The Banker | Blog Posts

I wrote last week that one of the great lessons of the recent Presidential campaign, for me, is how little we as a country understand income tax policy. Since we’re about to engage in a crash course in fiscal policy[1] it’s worth focusing on the loophole of carried interest. Both Presidential candidates referred in the [&hellip

Interview: What the %#@! is a Fund of Funds?

Interview: What the %#@! is a Fund of Funds?

By The Banker | Audio Posts, Wall Street

Please click above to listen to full interview. I spoke with an old friend Trevor, a former Director of Research at a Hedge Fund of Funds.  In college, a mutual friend of ours imaged a radio show named “What the Fuck Do you Do?” in which he interviewed people in jobs that nobody else understood [&hellip