Bored? Here’s a hedge fund’s recommended reading list
favorite reads of hedge fund Blue Ridge Capital.
Paulson Piles into Gold
It’s apparent from the SEC filings of John Paulson, the billionaire hedge fund manager, that he is betting big on inflation to show its ugly head going forward.
VIX/VXV Ratio Says Loose Equities
Whenever the VIX/VXV ratio is high (low), event volatility is expensive (cheap) relative to structural volatility. The VIX is currently cheap relative to the VXV. So expect an upturn in the VIX going forward, and lower equity prices along the way.
Believe it or not: business as usual
Believe or not. The markets are saying: business as usual. At the same time, the real economy looks to be in a shambles however. What to make out of this?
Multiply Your Money
The latest viral (sexual) video on the internet. However this time it was made by a German financial institution: Bontrust. Nice work.
Abu Dhabi multiplies investment arms
On the surface, a luxury German carmaker, an English football team, a New York landmark and a troubled British bank may seem to have little in common. But in the Gulf, each one has come to represent the increasing ambitions of Abu Dhabi.
Negotiation Tactics
Interesting way of negotiating >:)
From the horse’s mouth: the failure of LTCM
Interesting inside view on what happened at LTCM about ten years ago, by one of its principals, Eric Rosenberg.
Fed Says Ideal U.S. Interest Rate at -5%
The ideal interest rate for the US economy in current conditions would be minus 5 per cent, according to internal analysis prepared for the Federal Reserve’s last policy meeting.
Global Capital Well is Running Dry
The world is running out of capital. We cannot take it for granted that the global bond markets will prove deep enough to fund the $6 trillion or so needed for the Obama fiscal package, US-European bank bailouts, and ballooning deficits almost everywhere.
