The Myth of Hedge Fund Prowess

They make a living from betting billions of dollars in markets across the world. Some of them become super-rich in the process, buying baseball and football teams, buying art and donating millions of dollars to charities of their choice. They are hedge fund managers. But do the headlines about a dozen immensely successful fund managers like Steve Cohen, Stephen Feinberg or Joseph Lewis...

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  • Two Trades For The Medium Term

    Carborandum Universal has been on a long-term uptrend since Q1 2003 when the price was around Rs10-11. The stock had rallied tremendously until 27 January 2006 when it hit a high of Rs167.85. From that level, it declined to Rs116.65 on 21 July 2006. This was an important support area which had acted as a resistance level on 14 October 2005. The fall was also approximately a one-third...

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  • Benefits Of The Humble Dal

    It is an economical source of vegetable protein, complex carbohydrates, dietary fibre and vitamins, points out  Tanushree Kar

    Ever wondered why the labourer’s little son is healthier than the little rich kid who gorges on burgers and pizzas? Perhaps the answer lies in the diet of dal-chawal which the poor kid survives on and which is the staple diet of many lower middle class households in...

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