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The Morgan Stanley Hedge Fund Forum 2009 was very interesting this year. Normally, this is held somewhere cool and luxurious where there are expensive and time consuming distractions like golf courses or beaches in case investors tire of talking to hedge fund managers or hedge fund managers tire of explaining themselves to investors. This year, [...]
Betting, Outright Gambling on the Stock Market
On 19 Feb 2009 I wrote an article arbitrarily calling for the S&P 500 to bottom at 650. Where is the S&P500 Going? An Unscientific Look. It bottomed out on 9 Mar 2009 at 676. Prescience? No. Intelligence? No. Skill? No. Absolutely none of the above. Luck? Yes. Luck. [...]