We talked a few weeks ago about ‘Why There’s Trillions in Hedge Funds with Stocks at All Time Highs’, and read with interest Barry Ritholtz’s Bloomberg piece lamenting “missing hedge fund performance”. We tweeted out our thoughts: It’s more of a function of hedge fund vol dropping below equity volatilityhttps://t.co/fRFhoeJzuC https://t.co/QWjIFlXYWN — RCM Alternatives (@rcmAlts) […]
Category: Education
26
Sep
2018
19
Sep
2018
10 years ago – Remembering the best Managed Futures run we’ve seen
What a Difference a year 10 years makes. If you haven’t noticed from all the posts on your fintwit timeline, this past week marked the 10 year anniversary of the Lehman Brothers collapse: Hard to believe the Lehman collapse was 10 years ago yesterday. It’s been quite a decade. **The next decade promises to be […]
12
Sep
2018
Where’s the Wheat?
A drive across farming states of the US has a different look than it did maybe 20 years ago, but we’re not talking about shopping malls having popped up where there used to be a farm. We’re talking about the drive from say Cleveland to Dallas seeing less and less wheat – those famous “amber […]
10
Sep
2018
Looking Backward, Thinking Forward
Here’s the Chicago Board of Trade’s trading floor sometime in the 1990s. Down there in that mass of humanity and paper and colored coats were dozens of clerks. These were (mostly) young people getting a foothold in the industry. Learning the ropes from the bottom rung. Interns, if you will, who weren’t just leaning how […]
22
Aug
2018
Why there’s Trillions in Hedge Funds with Stocks at All Time Highs
Looks like CNBC wants you to know the S&P 500 just hit a new all time high. Time to break out the Dow 30,000 hats and pics of Leo playing the Wolf of Wall Street. But why is this really news anymore. We closed at a record high 62 times in 2017, and the bull […]
20
Aug
2018
Set Phasers to ‘Systematic’
We had always assumed William Shatner had made a killing being the spokesperson for Priceline (now known as Booking Holdings $BKNG) , with the stock being one of the best performers in the US market over the past 10 years, up about 1,900% (yeah, with a comma). Here’s that price action: Problem is (well, […]
14
Aug
2018
The huge world of farm subsidies:
We talked a bit ago in our piece “Are Tariffs a Black Swan” about the effect tariffs have had on Soybean prices – causing them to fall about -20% from their levels in the spring, but haven’t had a chance to get back into that debate after Mr. Trump announced a plan to make up […]
25
Jul
2018
Innovation is Changing Hedge Funds
Many have questioned what the future holds for the hedge fund industry, given its history of innovation. What kind of products will hedge fund firms offer to their new investor?
16
Jul
2018
Low Fees Doesn’t Trump Low Performance
But super low-cost stock index replication is not the same as replicating more complex hedge fund strategies, and a few recent articles are pointing out that the low fee experiment in alternative investments might not be working so well.
26
Jun
2018
Somebody’s Back to Shorting the VIX
In Fact, the net short position is about 53,000 contracts. The week before the February 5th event, the non-commercial were net short 58,000 contracts.
