thank you for the replies...I have a random question, but I guess I'll shoot away....would the attainment of the CFA designation be helpful at all for someone seeking a role at a hedge fund?
Similar to the GOOG example, AAPL often has highly anticipated events and product launches. The excitement of the launch of the new Tablet does co-incide with earnings this quarter which makes it more risky than usual, however that could be an example of an event driven trade.