People love it when others fail

The recent news of the continued troubles at Valeant and hedge fund manager Bill Ackman’s losses in the stock have gotten many people excited. Lots of investors and other hedge fund managers are metaphorically screaming, “I told you so.” They’re even excited that Mr. Ackman is on the losing side of the trade while they’re […]
It does not get any better

With apologies to those looking for comments on the hedge fund industry, this week I digress to write a bit about the Trump phenomenon that is sweeping the nation and some other parts of the civilized world. This primary season really couldn’t get any better. It beats reality television — and it’s more real.The political […]