 The Wild Wild World of Wealth |  |
Hedge funds that build their investment style around the lightning-fast trading technology are known as “high-frequency traders.” But how do they make money trading in and out of securities in nanoseconds? Here’s a video from Marketplace that spells it out:
A few days ago I came across a terrific post by Terry Smith on his blog, Straight Talking. Using Warren Buffett’s investment returns, he illustrates why the two-and-twenty standard is egregious. Hedge funds win disproportionately when they charge 2 percent on assets and keep 20 percent of the profits.
Here’s what Smith writes:
I just learned that Acrimoney was listed on Forensic Account Masters, Top 50 Forensic Accounting Blogs. On behalf of all the bloggers on this website, I’d like to say thanks to FAM for the recognition.
Other notable members of the list include Pro Publica and the Harvard Law School Forum on Corporate Governance and Financial Regulation.
Only 9% of Boomers are planning to make a Roth conversion in 2010, but 57% aren’t even aware of the opportunity.
There are lots of reasons to love the Roth IRA:
Click on the title above to see why.
There’s been so much talk about the “flash crash” and high-frequency trading. Wonder what it is?
Here’s a great video that explains how high-frequency trading works:
This video from American Public Media is the best explanation of Collateralized Debt Obligations (“CDOs”) I have ever seen. It lasts six minutes. If you have any questions about the roots of our financial crisis, watch this video.
| | |
© 2012 Acrimoney. All rights reserved. Norb Vonnegut's Author Site
"The Gods of Greenwich is a pure delight, racing relentlessly from the bedrooms of Manhattan to the boardrooms of Connecticut to the banks of Iceland. Bravo!”