http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/ Hedge funds, portable alpha, 130/30 and alpha-centric investing Thu, 18 Mar 2010 13:53:53 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/comment-page-1/#comment-22766 Good to Go Pile . . .With some Great music interludes « Trading for the Masses Wed, 29 Aug 2007 16:44:15 +0000 http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/#comment-22766 [...] How disease spreads in the global hedge fund pre-school [...] [...] How disease spreads in the global hedge fund pre-school [...]

]]> http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/comment-page-1/#comment-22556 Alpha Male Tue, 28 Aug 2007 21:44:57 +0000 http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/#comment-22556 Rick, Thanks for the comment. No question about it, we should all stop our kids from giving CDOs as birthday gifts! ;) For the reference of others, here is the link to the Barron's article to which Rick refers: http://online.barrons.com/article/SB118741403459301888.html Rick, Thanks for the comment. No question about it, we should all stop our kids from giving CDOs as birthday gifts!
For the reference of others, here is the link to the Barron’s article to which Rick refers:
http://online.barrons.com/article/SB118741403459301888.html

]]> http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/comment-page-1/#comment-22549 Alpha Male Tue, 28 Aug 2007 20:52:46 +0000 http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/#comment-22549 Michael, Thanks for the heads-up about the release date of this paper. Not sure what sources you are refering to that would be more reliable than the authors of the study. So I would suggest we go with the authors on this one. Apologies for any confusion that may have resulted from this apparent error on our part. Michael, Thanks for the heads-up about the release date of this paper. Not sure what sources you are refering to that would be more reliable than the authors of the study. So I would suggest we go with the authors on this one. Apologies for any confusion that may have resulted from this apparent error on our part.

]]> http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/comment-page-1/#comment-22527 Rick Bookstaber Tue, 28 Aug 2007 19:04:43 +0000 http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/#comment-22527 I like this analogy and the chart. I said much the same thing, but without the interesting analysis. See my quote in Jack Willoughby's Barron's column on August 25: "Richard Bookstaber, author of A Demon of Our Own Design, sees a market prone to upset because of excessive leverage and the complexity of derivatives. Says the former risk honcho at hedge-fund giant Moore Capital: 'These CDOs spread the problem like a kid spreads a cold to other kids at a birthday party.'" I like this analogy and the chart. I said much the same thing, but without the interesting analysis. See my quote in Jack Willoughby’s Barron’s column on August 25: “Richard Bookstaber, author of A Demon of Our Own Design, sees a market prone to upset because of excessive leverage and the complexity of derivatives. Says the former risk honcho at hedge-fund giant Moore Capital: ‘These CDOs spread the problem like a kid spreads a cold to other kids at a birthday party.’”

]]> http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/comment-page-1/#comment-22489 Michael Tue, 28 Aug 2007 15:54:04 +0000 http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/#comment-22489 Thanks for an interesting posting. One question: You stated that the study on hedge fund contagion cited in the New York Times was “updated last month.” I’ve corresponded with the authors of the study, who confirmed that the study was last updated March 2007, not July 2007. Do you have another source †one that is more reliable than the authors of the study †for your statement that the study was updated last month? Thanks. Thanks for an interesting posting. One question: You stated that the study on hedge fund contagion cited in the New York Times was “updated last month.” I’ve corresponded with the authors of the study, who confirmed that the study was last updated March 2007, not July 2007. Do you have another source †one that is more reliable than the authors of the study †for your statement that the study was updated last month? Thanks.

]]> http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/comment-page-1/#comment-22484 Tuesday links: punchbowl caucus « Abnormal Returns Tue, 28 Aug 2007 15:35:31 +0000 http://allaboutalpha.com/blog/2007/08/27/how-disease-spreads-in-the-global-hedge-fund-pre-school/#comment-22484 [...] All About Alpha on how recent hedge fund contagion resembles a virus in a nursery school. [...] [...] All About Alpha on how recent hedge fund contagion resembles a virus in a nursery school. [...]

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