In Defense of Short Selling
Doug Kass gives us this morning’s must read slice of market history: "Short-selling runs deep in financial history. Perhaps...
Stocks Breaking Down on Volume
My partner Kevin sends me a reminder this morning that "When the markets break down investors look for alternative ways to make...
Bob Farrell’s 10 Rules for Investing
Bob Farrell was a legend at Merrill Lynch & Co. for several decades. Farrell had a front-row seat to the go-go markets of the late...
Dear Investor….
This will be the funniest thing you read today: >ACME Systematic Leveraged Macro Momentum Fund LP321 Overprice StreetGreenwich,...
Betting on Bear’s Bust
Today’s most talked about article is likely to be this breathless Bloomberg piece on the demise of Bear Stearns: "On March 11,...
The “No Loss Sale” Rule
David Weidner’s new column (out tomorrow) proposes outlawing the sale of any stocks for a loss. Very clever! Cox: But I was getting...
No Shorting. That’s the Rule.
A long/short hedge fund manager of my acquaintance went to short some Morgan Stanley (MS) via a B/D that clears through Wachovia: The...