悪いりんごが1つあっても、多くのりんごを台無しにすることはない
“Innocent until proved guilty”: I’m sure that I’ve read that somewhere. And while this is the law of the land, many believe it is the other way ’round. The minute someone is charged with a crime or even merely accused of an illegal act, the press, the public and the people jump to conclusions, often devastating those accused. Rarely, if ever, do accusers apologize when they’re proved wrong. Think back to that great scene in Godfather II when Tom demands an apology from the Senate Committee investigating organized crime. Earlier this week, the Securities and Exchange Commission sued Leon Cooperman and his firm, Omega Advisors, accusing both of insider trading. […]
オフェンスとディフェンス
The nation is settling into quite an interesting election season now that we’ve passed Labor Day. The candidates are gearing up for a series of debates as they battle for the highest office in the land. And while the country waits with baited breath to hear what will come out of Mr. Trump’s mouth and what new scandal will hit Secretary Clinton, one thing is for sure: significant uncertainty in the markets and the hedge fund industry. It seems — from a quite unscientific poll I conducted over the last few weeks — that some managers are having a hard time navigating the markets and have a very hard time […]