Why Do Traders Underperform The Market?
Inevitably, every investor, especially those who enjoy reading personal finance blogs, will want to give trading a shot. I certainly tried my hand at...
The Warren Buffett Bet: S&P 500 versus Hedge Funds
In 2007, Warren Buffett made a $1,000,000 bet with the hedge fund manager Protege Partners that the S&P 500 would perform better than a...
8 Reasons Why You Should Not Trade
Every physician investor has at one time or another considered trying their hand at trading. Maybe their friends work on Wall Street, or they...
The Bull Market Is Over (Or Is It?)
The stock market has had a breathtaking run over the past eight years. Since its low point in March 2009, when the S&P 500...
How Wall Street Is Like A Game of High-Stakes Poker
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I love a good game of poker. I fondly remember the evening poker games I played in college. I even went to the local...
If You Must Trade, Follow These Five Rules
It might surprise readers given my background as a former Wall Street trader, but I do not recommend short-term trading. You are unlikely to...
Wall Street Profiles: Raj Rajaratnam, Galleon Group
In this fourth installment of my Wall Street Profiles series, I profile Raj Rajaratnam, the billionaire hedge fund manager at Galleon Group who was...
Should You Hedge Your Portfolio Against A Bear Market With Stock Options?
The bull market has been going strong since March 2009, defying analysts' frequent predictions of its demise. Nevertheless, a lot of investors continue to...
Wall Street Profiles: Bill Miller, Legg Mason Value Trust
In this second installment of my recurring series on famous Wall Street investors, I profile Bill Miller, the former manager of the Legg Mason...
Wall Street Profiles: Carl Icahn
In this third installment of my recurring series on famous Wall Street investors (I have previously written about Jim Simons of Renaissance Technologies and...