Tag Archives: Not Categorized


SEC Director’s Speech on Important Compliance Issues for RIAs

September 12, 2014 Dear Friends, Yesterday, Norm Champ, Director of the SEC’s Division of Investment Management, gave a speech highlighting important compliance, examination, and enforcement topics for registered investment advisers including:  Presence Exam Initiative: The SEC is nearing completion of its goal of examining 25% of newly registered investment advisers.  Alternative Mutual Funds:  Hedge funds must carefully consider the heightened […]

You say Taco Bell I say Chipotle

Executives at Chipotle are no doubt scratching their heads today, wondering what they did to cause $730 Million get sliced off of their market cap at 11:14 in Thursday morning trading. As the Wall Street Journal put it “You’ve been Einhorned.” Hedge Fund Manager, David Einhorn was speaking to Value Investing Congress, when he panned Chipotle stock suggesting that “Less […]

DITMo Special Commentary 6/12

Portfolio Manager Commentary The June2012 report was delayed about a week to allow for commentary on Obamacare and EU election outcomes. SCOTUS delayed their decision until as late as 29June post the date of this report. The June Commentary will focus instead on our eristic speculation of certain geopolitical events potentially to occur imminently and considerations of these events on […]

Saving The State Of California: Reed Hastings

As a manager in Newport Beach, California, concerns over the state’s viability have never been so palpable in the face of an almost $16 billion budget deficit and rising taxes. The answer to a certain course of default is not just cost-cutting or raising taxes. The state needs creative entrepreneurs to rethink every process of providing services. If the focus […]

Two-Tiered Hedge Fund Market – Hedgebay

The October edition of Hedgebay Trading Corporation’s monthly index has shown that the purchase of hedge fund assets is being driven by two prevailing sentiments among investors, creating a two-tier hedge fund market. The Hedgebay Global Hedge Fund Secondary Market Index reveals a wide discrepancy between the highest and lowest prices at which secondary market users were willing to trade […]

Inflation, Hyperinflation, Stagflation and the Investment Strategy to Benefit, Richard Russell, Fed’s Lacker, Credit Tightens, Banks Sift Reserves

Welcome back, today we will continue our discussion about the inflation/hyperinflation/ stagflation trade. In my last post I illustrated how the important news stories of last week clearly unveiled the footprint of the inflation trade. You may recall that I ended with the familiar refrain: “Inflation (particularly hyperinflation) is a currency event, not an economic event.” Therefore, the investment strategy […]

Explaining Derivatives to Michael Moore

            Documentarian Michael Moore’s latest project, Capitalism: A Love Story aimed at highlighting a number of flaws concerning the economic system upon which our country is built. In his film, Moore infiltrates Wall Street and Washington D.C. to “explore the root causes of the global economic meltdown.” In one scene, he attempts to make a citizens arrest of the AIG […]

Hedge Funds and Web 2.0 Strategies

  Evan Rapoport, founder and managing partner of HedgeCo Networks, is an expert on marketing hedge funds to investors. On his blog, he has been doing a series on using the internet to market hedge funds to investors. In the first piece of the series, he discussed creating websites that draw investors in without stepping in to the area of […]

Some See Banking Failures When Others Eye Banking Opportunities

  Lost in the shuffle of the recent economic crisis, American financial institutions now have the opportunity to service clients of their now-failed counterparts. No where has this been more evident than the world of hedge fund prime brokerage. When Lehman Brothers and Bear Stearns failed, the rest of the banking industry went into defense mode and began to cut […]

Fund of Hedge Funds Industry Shrinks But Still Strong

 HedgeFund Intelligence’s Press Release from today states that the fund of funds industry shrank by $95 billion in the first half of 2009 but still manages $735 billion.  This represents a decline of 11.4 percent in assets under management (AUM).  Firms with more than $1 billion in AUM manage a combined $613 billion.  According to HedgeFund Intelligence, 18 fund of […]