Quant Macro Investing

Risk Taking Disciplined

Analyst Recommendations

From Financial Times (March 14, 2010) , click for full article

(Financial Times March 14, 2010)…It found that when an average stock burdened with a consensus “sell” recommendation is given a “buy” rating, the underperforming price turns round and, after 100 days, the stock can be expected to outperform the market by about 2 per cent. And when a large broker issues the recommendation, the effect is almost half as much again.

 

 

 

 

 

 

 

 

 

 

 

Editing Assisstant: Katherine Xu

 

March 17, 2010 Posted by | Uncategorized | Leave a comment

Hedge Funds Fail When ‘Rock Stars’ Are in Charge

From Bloomberg and the blog  Abnormal Returns,

(Bloomberg) … The ideal hedge fund should be like a good local restaurant: reliable, high-quality, a loyal group of customers, and unknown to the rest of the world.

Editing Assisstant: Katherine Xu

March 17, 2010 Posted by | Hedge Funds | Leave a comment