Sunday, October 30, 2016

Dumb Beta: The Triumph Of Buy And Implode

ZH: Oct. 30, 2016
Hedge Fund Redemptions On Track To Match 2009

"The transition from active management to passive has been devastating"

The Ackman Fund



The Icahn Fund



"Hedging"




Dumb Beta aka. Buy and Implode:




Belief in Central Banks is TOTAL: