Interview at Special Situations Hedge Fund
You have been working so hard to have an interview with Buffo and Greensplat Special Situations Hedge Fund and now you are in their offices. The interviewer sits down and then asks, “Can you please tell me what you think was the greatest special situations trade/investment of the past thirty years and what was the catalyst for the trade?” Hint: This made huge multiples on the original capital. Few recognized the opportunity until too late.
An overcrowded trade in the search for yield. http://truecontrarian-sjk.blogspot.com/
Tuesday, August 2, 2016
The problem with headline news today.
As a trader you often have to follow the news regardless of whether the news is correct or not due to the effects of momentum, but as an investor you have to unearth the truth over the long-term.