Oh sorry, neglected your question about different leverage levels in the same fund. It must be possible, since I know other funds do something...
I would say that there is certainly better risk management, and learning what investors need to hear from me. But really, what was needed more...
The more I go through the process (wrapping up my 3rd year now)... and as I find some success (tripling my AUM in the past 12 months, doubling...
No one "audits" an IRA account. Or any other individual account, really. A full on audit entails a study of your operations, cash-flow...
That's actually a different topic, although the standard reason why correlation is studied. It's the core of modern portfolio theory. If you...
Because you can trade some form of mean reversion. If relationship deviates from historical correlation, then you place a bet it will reverse...
Nope, nothing. Only option is to renounce citizenship and move elsewhere. Other than state taxes, nothing else you do will save you a penny from...
Old thread! Prop firms need just one. Corporates trading investor funds (ie all hedge funds) need 2, but one can be leased. Even so, small,...
This is just a slight, random aside. I have no issues with Mr. Trout... never met/spoken to the man, and know little about him besides what was...
Really not true. You can't lean long only in a COMMODITY trend following fund and expect to make money. Just take a look at what the NewEdge...
Nonsense. Anyways, more details about both typical components of trend following strategies, as well as performance of top CTAs in this space...
Exactly. Horrible article, and I groaned when I read it. Vast majority of trend-following CTAs could do their work with pencil and paper. In...
I personally don't worry about it very much. In my specific case, the strategy has quite a few moving pieces, and I don't think it'd be trivial...
That's kind of the point, yes? I'm saying the exchange has failed in making the financial markets redundant enough to survive (at least...
The two choices shouldn't be: - shut down, - have another flash crash. The alternative choice to shut down should be a functioning...
This is beginning to annoy me. CME just announced they're using Friday's settlement numbers for Tuesday as well. What if the markets can't...
Nobody needs to "manipulate" theta or vega or any other parameter. Common mistake is to think of these parameters as inputs that can be...
IV doesn't decline to zero as an option expires. The value of the option does, but not IV. Option pricing formulas have a separate time...
For a couple of reasons, which may not apply for all cases: 1) is the taxation issue. Many foreign investors don't want to deal with filing...
There are no legal problems with doing this at all. Foreign investors might be the ones complaining about taxation issues (since they have to...
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