Why Warren Buffett’s Bleak Prediction Of Cryptocurrencies Is Wrong

Billionaire investor Warren Buffett has joined a long line of influential voices from the traditional financial world pouring cold water on increasing enthusiasm for the new — and booming — asset class of cryptocurrencies. “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” the chairman and… Please follow and like us:

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Investors Pile Into Industrials Following Largest Outflows Ever

Last week I covered Bank of America’s weekly client flow trends report for the week ending 17 November, where the main takeaway was that private investors have started buying stocks again. Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on… Please follow and like us:

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BOA: Private Investors Are Buying Stocks For First Time Since 2008

For the past nine years, private investors have avoided stocks. According to Bank of America’s weekly client asset flow trends report, in every year since 2008, private clients have sold equities on a net basis. The only year to buck this trend was in 2015 when clients acquired a net $1.8 billion in stocks including ETF… Please follow and like us:

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Your Retirement Cash May Be In The Caymans. Are You Sure You Can Get It Back?

The release of the so-called “Paradise Papers” touched off new scrutiny of how moguls, celebrities and politicians stash their cash in offshore tax havens. The practice, though, is hardly limited to the global elite. In fact, government documents show that local government officials have sent hundreds of billions of dollars of public sector workers’ retirement savings… Please follow and like us:

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Quantopian Test Backfires Or Just Too Early To Make a Determination?

Steven Cohen’s experiment at diving into quantitative investing may have hit a speed bump on his way to launching a new hedge fund with the widely hailed Quantopian platform. The Wall Street Journal reported that the experiment at unleashing a horde of mathematicians, engineers, and computer programmers onto the market panoply has been met with anemic… Please follow and like us:

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In The World Of Cryptocurrencies, The ‘Wolf Of Wall Street’ Guy Is A Paragon Of Probity And Reason

When some disgraced huckster claws his way back into the headlines, it’s usually because they either got caught doing something more pathetic and odious than the previous offense, or they’re trying to sell a book. In the case of Jordan Belfort, the stock-promoter whose drug-fueled debauchery and boiler-room scammery inspired Martin Scorcese’s 2013 film The Wolf… Please follow and like us:

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Selling The Stock Rally, Buying ETFs On The Rocket Ride

The S&P 500 had its first perfect week in almost two decades last week after closing at a record high every day. The Dow Jones Industrial Average also touched record highs every day last week, although it wasn’t the first week this year the benchmark did that. Both benchmarks are off to a roaring start again… Please follow and like us:

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Crypto Hedge Funds Bring More Diversity To Fintech

Traditional hedge funds have a huge diversity problem. According to a recent study by the Bella Research Group and the John S. and James L. Knight Foundation, women own just 4.3 percent of American hedge funds while minorities own around 8 percent. Combined, the study estimated these two categories control less than 1 percent of the… Please follow and like us:

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It Could Take Goldman Sachs Years To Trade Bitcoin

Goldman Sachs Group Inc. started trending on Twitter on Monday when a spokesperson told the Wall Street Journal it is exploring cryptocurrency options for both trading services and the bank’s strategic investment division. There are already at least 70 hedge funds investing in cryptocurrencies like bitcoin, plus several new hedge funds in the pipeline. “In response… Please follow and like us:

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US Equity Hedge Funds Gain On Trump Boost

November 2016, what many thought was unthinkable became a reality when Donald Trump assumed power in the United States. His unpredictability and outspokenness had already spooked markets in the lead up to the election, but what has happened since has been quite remarkable in its own right. Markets, which once feared the idea of a Trump… Please follow and like us:

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How To Prepare Bonds For An Equity Correction

Preparing for a stock market correction ? We’ve got another thing to add to your to-do list: take a look at your fixed-income holdings, too. [REITs] Also read: Q2/H1 Hedge Fund Letters – Letters, Conferences, Calls, And More Hedge Fund of funds Business Keeps Dying Every Year Emerging Hedge Funds: Can They Outperform? Baupost Letter Points… Please follow and like us:

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How Instagram Can Help Hedge Funds Make Better Trades

Quandl is a professional supplier of financial, economic and alternative data to a select clientele of hedge funds, asset managers and investment banks. It’s well known that a potentially benchmark-beating trading strategy is only as good as its data, and as computing gets more powerful many hedge funds and asset managers are scoping out a wide… Please follow and like us:

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Blockchain, Big Data And The Value Of Global Trade

Most data turns out to have a greater value than the sum of the parts. There’s a story about a global courier firm that said it saw a large drop off in its monthly orders at some point in 2007, not too long before the bottom fell out of the global economy. Traditional economic forecasting did… Please follow and like us:

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Is the Silicon Valley Bubble About To Pop?

This article was originally published on The Conversation. Read the original article. As Facebook’s shares hit a record high, CEO Mark Zuckerburg will be patting himself on the back for bucking the trend and outperforming financial projections for eight consecutive quarters. Meanwhile, many of his competitors are worried—and they should be. While Evan Spiegel, 27-year-old CEO… Please follow and like us:

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How will AI hit hedge funds and asset-management firms?

How do data scientists differentiate themselves in a world of rapidly advancing artificial intelligence and machine learning? This is something that hedge funds and asset management firms, which are heavily invested in new technology, think about a great deal. Separate components often referred to in order of importance are: data, algorithms and hardware. But while these… Please follow and like us:

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