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Andrew J. Hall: the British eccentric who made a killing on Wall Street

Submitted by cahn on 26 July, 2009 - 2:25am

Every once in a while, says New York magazine, there appears a character who floats above “the wretched, amoral, meatheads” of Wall Street. Andrew J Hall is such a man.

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TARP Warrant Sale Shows Banks May Reap ‘Ruthless Bargain’

Submitted by cahn on 22 May, 2009 - 11:35pm

http://www.bloomberg.com/apps/news?pid=20601109&sid=aOQPmbrh1ZrA&refer=home

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Residential vs. Commercial Real Estate

Submitted by cahn on 15 March, 2009 - 2:44pm

Commercial property is sold for the rent values. All around you see small shops disappearing, vacancy rates are high. Large supermarkets and 24 hour convenience stores and petrol stations seem to be taking over. Even in these megamalls, most shop keepers are struggling just to pay the rent. Real estate historically has appreciated at a higher rate than inflation, what do you think this means for future rental income from retailers?

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4:40 pm, 17 Oct 2008: Market Updates

Submitted by cahn on 18 October, 2008 - 1:22pm

4:40 pm : The week's wild ride has concluded, but onlookers might not know it by the relatively mild close had on Friday. The S&P 500 surged almost 12% Monday, suffered its biggest drop since the 1987 crash on Wednesday, and rallied more than 4% Thursday. On Friday alone the index swung nearly 7% from low to high before finishing with a 0.6% loss.

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POSCO, 5 standard deviation away from the historic average spread against KOSPI2

Submitted by cahn on 26 August, 2007 - 12:35am

Warren Buffett is said to have purchased the stock some time in 2005...

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What did I say then?

Philip Coggan : The impossible dream

Submitted by cahn on 24 February, 2003 - 8:24pm

Can we ever beat the market consistently and systematically? That is the question investors have been asking for so long, yet the answer, or more precisely the strong argument for "yes", is still to be found. Philip Coggan from FT writes in his column the difficulties investors are facing in their pursuit of the seemingly impossible dream.

To Dream the Impossible Dream. That first line of a song from Man of La Mancha, the musical based on Don Quixote, should really be the theme tune of active fund managers.

They are engaged in a doomed attempt to beat the stock market indices. But the index inevitably reflects the performance of the average investor without costs. Since fund managers do incur costs, beating the index becomes very difficult.

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Many retail investors may continue to believe in active fund managers, whether they believe they can beat the system or because trackers cannot deliver what they need, such as above-average income. But for most, trackers probably represent the safest long-term bet on equities because they avoid the risk of disastrous underperformance.

more from FT

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