Lots of data – now what?
Earlier this week, hedge funds filed 13-F reports detailing their significant holdings for the period ended December 31. The information from the filings is headline-grabbing, After all, knowing who owned what when is crucial to creating a diversified portfolio. Click here to read the story. And while I’m sure that getting this information to the public is helping someone somewhere from making a terrible mistake, remember that there is no substitute for good, solid due diligence about how your money is being managed. As a manager, communication is critical to the success of your enterprise. In short, talking to each other is good; waiting for filings is bad. The next […]
A little short…
The shorts are coming, the shorts are coming, or at least information aboutshort positions is coming. France, best known for its capitalist tendencies and wine, has put in place a new regulation that requires investment managers – i.e., hedge fundmanagers– to report their short positions. The idea is to help put off a crisis of confidence in the markets. Read the story here. Here’s what the new rule will do: Nothing. Well, OK, maybe it will add some jobs to the public and private sectors for people who create and process the data transmissions. Besides that, however, this new rule will not make markets more stable, put off a market […]