When Picking a Hedge Fund, Bigger isn’t Always Better

When Picking a Hedge Fund, Bigger isn’t Always BetterFor many years the question of whether the size of a hedge fund affects its returns has been hotly debated. Although there is ample evidence that a few legendary funds are able to manage billions of dollars and consistently deliver outsized returns to investors over the long term (especially on a risk-adjusted basis), there is mounting evidence that, at least in the world of hedge funds, smaller can be better….

Read More >>

7 Investing Books To Read Now

7 Investing Books To Read NowNotwithstanding the protestations of anyone who believes that surfing the Internet is a proxy for actual learning, the real world is not teachable in 140 character increments. Therefore, I generally recommend to people who genuinely want to learn about the investing and capital markets that they embark on a program to read seven seminal books that give an unvarnished look into the industry and its characters, opportunities and challenges. With…

Read More >>

Economy Shrank in May

Economy Shrank in MayThe economy shrank by 0.3 per cent in May, the second consecutive monthly decline, with slumps in mining, and oil and gas production leading the downturn, according to a report by Statistics Canada. The agency says the shrinkage comes on the heels of a stagnant April. The last rise in the real gross domestic product was the 0.3 per cent increase recorded in March. Mining, oil and gas extraction, manufacturing…

Read More >>