Dow 10,000 gives you a great opportunity to re-evaluate your portfolio.  (Felix Salmon) It’s a bull market now matter how you slice it.  (Bespoke) The US Dollar is lower against nearly e...

“If you’re in the business of making market calls, you’re going to wrong. That’s just how it is. I’m wrong all the time. So is Jim Cramer. It happens. But I wonâ€â...

The demand for yield is blowing new bubbles.  (Clusterstock) John Meriwether is raising money for yet another hedge fund.  Is the risk culture back?  (Abnormal Returns) Why do we encourage ...

“The hedge fund industry is on the brink of recouping all its investment losses sustained during the credit crunch, placing many funds in a position to earn performance fees.”  (WSJ) W...

Eric Falkenstein, “I would estimate 90% of all alpha is misrepresented.”  (Falkenblog) Just what is the “implied cost of assuming alpha’s existence“?  (All About A...

Bond fund managers are closing their books early to lock in gains before year-end.  (WSJ) Most people investing by the seat of your pants.  On building a testable investment process  (Abnorm...

When your cost of capital is 0% everything looks attractive.  (Kid Dynamite also Big Picture) Be wary when a private equity firm looks to go public.  (WSJ, Behind the Headlines) Using the Tayl...