Hedge Fund basics: Read (Powerpoint).
Friends
Hedge Fund basics: Read (Powerpoint).
A good Q&A with trend follower Paul Mulvaney: Read (PDF).
I also liked this second take from Mark Cuban on success and motivation (PDF).
One buyer bought 1000 copies of Trend Following recently. This particular buyer has specialized in the managed money arena for 16 years. While tens of thousands of copies of Trend Following have been sold so far, this is the single largest purchase from a private buyer.
Crude oil is again trending. How high or low it will go is unknown, but the books targeting “oil profits” abound. One called The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis states that:
An email arrived today:
“I am just wondering, what is the difference between a hedge fund and a commodity trading advisor?”
Good question. Take a read of a prior blog entry.