Boris Johnson’s poker playing puts the UK economy at stake. September 2, 2019. By George Prior. Boris Johnson’s Brexit strategy is nothing more than a high-risk gamble for the UK economy.
Hedge Fund Mortgage Fraud New York, NY: The government has unsealed an indictment against two former Bear Stearns Cos. hedge fund managers. The managers were arrested June 19, 2008, after they.
Past poker success predicts future fund returns, and past fund returns predict future poker success. More success in bigger tournaments is correlated with more hedge fund success than less-successful poker-playing managers. Poker skill only seems to help in fundamental strategies in which the manager is making partly subjective judgments about.
A study has found that the best hedge fund managers are the keenest poker players. If you invest in a hedge fund whose manager wins tournaments, then your expected return is 0.1 to 0.4 per cent a.
These increases are concentrated in cases where there is media coverage of the manager’s poker playing, when the tournament win is bigger, and before the JOBS Act (which allowed hedge funds to advertise) was passed.
Hedge fund managers like David Einhorn have adroitly used their poker playing prowess to burnish their personal brands. He finished third at the World Series of Poker last year, and was likely.
Poker-Playing Hedge Fund Managers Have An Edge Aaron Brown, Bloomberg May 31, 2019 A new study strengthens the case that skill at the card game helps in the investment decision-making process.
Hedge funds are betting commodities trader Glencore will raise its bid for Xstrata and win over disgruntled shareholder Qatar, hoping to turn a tidy profit from the belief chief Ivan Glasenberg.