Saturday, April 25, 2015

What I have learned today [2015/4/24]



1. According to HFR, there are 10,149 hedge funds. Hmmm...there can't be so much alpha with so many hedge funds. I predict that hedge funds are more likely to underperform with so much crowding. Time to take money of out HFs.


2. Many S&P500 firms being adversely affected by Venezuela's economic crisis including Coca Cola and Pepsi.

3.Pension footnotes are a whole new adventure...

4. There is always a reason to be lazy and procrastinate... :(

5. When investing in Lending Club loans, do your due diligence by checking if the reported income reasonable for the reported job. Sometimes you get wildly high number, which makes you wonder...




*From Floating Forests

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