In your interest.
Online Personal Finance Magazine
No beating about the bush.
Some technical analysts rely on an arcane 13th century arithmetic series, called the Fibonacci sequence. A recent study says that it is false belief
Many traders believe that clues to where the market is headed lie in the work of Leonardo of Pisa, a mathematician who lived in the 12th and 13th century. Leonardo, widely known as Fibonacci, had produced a sequence by adding consecutive numbers...
Debashis Basu points out the lessons for a trader in Amaranth’s $6 billion blow up
In late September and early October, Amaranth Advisors, a US-based hedge fund went under. It had a large exposure in the natural gas futures market and was wrong-footed when gas prices tumbled. The total loss? A humungous $6 billion. The hedge fund lost that money in just one week. The trader who took the firm...
The world’s second largest hedge fund is run on an interesting philosophy
Bridgewater Associates is probably the world’s second largest hedge fund group. Its single-manager fund had assets of $20.9 billion on June 30, 2006 according the magazine Alpha beaten narrowly by Goldman Sachs which had assets of $21 billion. In all, Bridegewater oversees some $141 billion of assets. Since it was...