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Berkshire Hathaway, Bandaids and Bad Practice: Bailouts Gone Wild?

The big news yesterday was the “bailout” of Bank of America by Warren Buffett. After weeks of attempting to defend themselves and their capitalization (stooping to what Josh Brown called “investor...

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Newsletter: Managed Futures Outlook – 2013

Our weekly newsletter is out, and sadly we must add 2012 to the list of poor managed futures years. It wasn’t supposed to be this way. 2012 was supposed to the bounce back year for managed futures...

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Fat Tails and Tall Heads

One of the bigger CTAs in the business – Transtrend – recently released their 2012 review newsletter, and of particular interest to us was their discussion of the often ignored “Tall Head” aspect of...

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