tag:blogger.com,1999:blog-278978332011-04-21T21:46:07.039-05:00News, commentary and investment thoughts from an insider of the most mysterious profession on earth: Hedgefunding...The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.comBlogger91100tag:blogger.com,1999:blog-27897833.post-1154482257619994362006-08-01T20:29:00.000-05:002006-08-01T20:58:09.800-05:00

During Michael Savage's radio show on Thursday, he goes on a rant explaining why we're basically screwed. He raises some interesting issues in a very straight forward and even somewhat comical way. Discuss...

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com0tag:blogger.com,1999:blog-27897833.post-1154215567721326532006-07-29T18:25:00.000-05:002006-08-18T02:09:02.876-05:00

It should be absolutely clear to every one that, home sales are slowing, and home price appreciation has abated. In some areas, such as Denver and So. Cal, prices are falling, and mortgage defaults rising.Shortly before leaving office, Alan Greenspan expressed worry over the greatly expanding balance sheets of Fannie Mae and Freddie Mac, who hold a breath-taking $1 trillion of mortgages. Easy Al

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com0tag:blogger.com,1999:blog-27897833.post-1153115639753827412006-07-17T00:53:00.000-05:002006-07-17T00:54:28.296-05:00

Stamps Forever!I read that the US Postal Service is planning to issue ‘Forever Stamps,” Which are stamps that will be guaranteed to be good to mail 1 first-class letter anywhere in the United States. This is also known as a regular stamp, except that when you buy a forever, the USPS will accept it as payment in full to deliver the letter without requiring you to add a few penny stamps when the

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com1tag:blogger.com,1999:blog-27897833.post-1149128529655781392006-05-31T21:21:00.000-05:002006-05-31T21:43:03.273-05:00

As the debate rages on as to whether or not 'Peak Oil' is at hand, an almost equally mysterious divergence is occuring in the land of oil (the US) between the amount of oil on hand and the spot price of oil. Below i've graphed DOE oil inventories 'on hand' (inverted) against the spot price of imported crude ($/bbl) from 1997 to present. (Since most oil is now imported in the US, and import

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com0tag:blogger.com,1999:blog-27897833.post-1148182683799041452006-05-20T22:37:00.000-05:002006-05-20T22:38:03.823-05:00

In my blog description, I promised some market commentary. I am reticent to make out-right predictions, b/c I don’t want any one to have any expectation that I’ll follow up on them over time. So when it comes to market predictions: caveat emptor. Now on commodities, in general, I am not the best source of commentary. I’ve never traded or invested in them directly (save for a few ounces

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com2tag:blogger.com,1999:blog-27897833.post-1148020699102679402006-05-19T01:35:00.000-05:002006-05-19T01:52:14.336-05:00

Money is like civil rights, it’s a concept that has a universal, general definition, but opinions differ on the precise meaning. There’s the text-book definition: money is a form or medium of exchange for good and services of value. Just like civil rights is a set of beliefs or laws that govern the appropriateness of how individuals, groups, and organizations should interact with respect to

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com0tag:blogger.com,1999:blog-27897833.post-1147811658507200452006-05-16T15:29:00.000-05:002006-07-21T09:45:48.710-05:00

My dad work armed security in NYC’s diamond district for several years back in the ‘80s. During that time he met and worked for many jewelers, diamond and coin dealers. He always warned me to watch out when buying jewelry because ‘most of ‘em are crooks.’ I believe him. He worked some of the worst neighborhoods in Brooklyn during the70s and early 80s as an NYPD police officer who collared

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com1tag:blogger.com,1999:blog-27897833.post-1147735754792218052006-05-15T17:44:00.000-05:002006-05-18T18:46:29.716-05:00

This is the first installment of a multipart series about why the days of cheap oil are over. Straight from The Hedgefunder to you, the oil lovers of the world.Almost exactly one year ago news of Saudi Arabia's King Fahd's death began to circulate, and with it, the era of cheap oil ended with oil breaking $50 for the first time sine the 1970s Oil Shock. As well publicized by conspiracy theorists

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com1tag:blogger.com,1999:blog-27897833.post-1147306857969705582006-05-10T19:18:00.000-05:002006-05-16T15:55:27.873-05:00

Every morning when the market opened Jim Cramer’s wife (Karen Cramer) used to say ‘There goes zippy.’ When I started my first hedge-fund job I used to say, ‘and they’re off’ every morning, because I always believed the racetrack analogy to be apropos to a market-neutral strategy. That’s right, market-neutral trading is like betting on horses, dogs, or playing Texas Hold’em at the Taj: you

The HedgeFunderhttp://www.blogger.com/profile/14031215770803575780noreply@blogger.com3