Since its launch in 2013, the Pantera Bitcoin Fund–one of the first in the world to dedicate itself to cryptocurrencies—has returned a whopping 25,004 percent to investors, with a compound…
Hedge Fund Passport Bets on Bitcoin
John Burbank and his hedge fund Passport Capital plans to “launch a new arm that focuses only on cryptocurrencies” in an effort to match his financial crisis-era success. This according…
Where Are the U.S. Market Bears?
As the bull market trudges toward its ninth year, “daring, animal spirits and greed have supplanted fear,” and “bears that once roared at any sign of trouble now seldom make…
You Can’t Time The Market – But Many People Should
By Jack Forehand, CFA (@practicalquant) — There are few topics that are more controversial in the stock market than market timing. Most long-term investors will tell you that market timing…
AQR Says Active Bond Fund Returns Juiced by Junk
Researchers at AQR Capital Management say that active bond fund managers are beating benchmarks by “loading up on junk bunds to juice returns.” This according to a recent Bloomberg article.…
Harvard Endowment Chief Slashed Value of Some Investments
The decision by the Harvard University endowment fund last year to write-down its nearly $4 billion in natural resource investments by more than 25% has made it the worst performer…
Stock Market Lessons Learned in 2017
By John Reese (@guruinvestor) — Over the past twelve months, we’ve seen the bull market continue to trudge ahead with highs in many U.S. indexes and growth in various sectors…
Bloomberg on Overbought Market
A recent Bloomberg article reports that in the first week of December, U.S. stocks reached their “most overbought level in more than two decades, according to the relative-strength index.” The…
Google's Top Finance-Related Searches in 2017
Bitcoin, tech stocks and China’s leadership were among the most popular finance-related search topics on Google in 2017, according to data compiled by the Alphabet-owned company and listed in a…
How Elliott Management Always Gets its Way
Paul Singer’s Elliott Management is the world’s biggest, most successful activist hedge fund, according to a recent Fortune article that reveals what it calls the “sophisticated—and often controversial—tactics” that have…