Why You Should Care When Hedge Funds Invest In Bitcoin
The market for cryptocurrency is booming in a way the world has never seen before. Bitcoin and ether tokens have turned early buyers into millionaires. Now hedge funds are getting in on the blockchain game. Forbes reported there are now well over 15 hedge funds managing digital assets and cryptocurrency investments, including Polychain Capital, which manages…
Seth Klarman: Investors Can No Longer Rely On Mean Reversion
"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also Read More
"For most of the last century," Seth Klarman noted in his second-quarter letter to Baupost's investors, "a reasonable approach to assessing a company's future prospects was to expect mean reversion." He went on to explain that fluctuations in business performance were largely cyclical, and investors could profit from this buying low and selling high. Also
