After a bad week for alternative asset managers, John Authers, Long View columnist and James Mackintosh, investment editor, discuss hedge funds’ long term performance and why it’s a good time to be a hedge fund manager but not to be a hedge fund investor. (5m 15sec). Watch this clip. (in the flavour of a Monty Python skit)
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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Danielle’s Book
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Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
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