Jan 27, 2016

Don’t Get Hornswoggled by Leveraged ETF’s

(0)

The article below is an excerpt from WhiteTree’s Q4 market commentary. If you would would like to receive our quarterly commentary, please email us at info@whitetree.net.

Download (PDF, 977KB)

FULL POST
Sep 30, 2015

Links

(0)

Here is a thought provoking article from Gavyn Davies over at the FT. The Fed faces a difficult situation. They want to normalize rates but if they do and are wrong, they may face an even more unpleasant set of choices. (Link) And from Matt Levine at Bloomberg, a great line about Carl Icahn and Donald Trump: […]

FULL POST
Jun 22, 2015

Down The Bond Market Liquidity ETF Rabbit Hole – A Link-Fest

(0)

*Many of the articles linked to are from The Financial Times Alphaville column. You do not need to subscribe to the Financial Times to read them but you do need to be registered for a free account with the FT for access.  Regular consumers of financial media will be aware; there has been much gnashing of the teeth over bond market liquidity […]

FULL POST
Apr 23, 2015

Bring Up The Bodies – Spinning the Flash Crash

(0)

Regulators don’t like being embarrassed and the Flash Crash was an embarrassing episode for the people who are in charge of supervising financial markets. From a regulatory perspective, the problem with financial markets is that they are by their very nature distributed amongst many participants, and therefore it is very difficult to assign blame when something goes […]

FULL POST
Sep 19, 2013

Tesla, Taper, Solider, Spy

(0)

TSLA I was stopped out of my TSLA short today, and so I can relate to the rather dark humor of the below video. I realized that TSLA was never a “good short” as the cognoscenti would define it. The company sports a very astute, if not demi-god like CEO as well as a fantastic […]

FULL POST
Apr 29, 2013

Short CLP – is it the market or just me?

(0)

This has to be a quick post because I am meant to be studying for my CFA. First off, this isan’t the type of thesis that will win the Ira Sohn investment conference but I think Buffett once said that a great investment idea can usually be summed up in a paragraph or less. I […]

FULL POST
Apr 25, 2013

Process, Profits and The Philosophy of Investing

(0)

Process, Profits In my last post, The Value of Dollars & Gold,  I discussed my bullishness on the barbarous relic and subsequently entered a position that has posted handsome returns as the metal has rebounded. Following such an outcome, it is always tempting to both feel good and think you are good. But it is […]

FULL POST
Apr 16, 2013

The Value of Dollars and Gold

(0)

CFA studying has been keeping me busy, and so I havent been able to devote much time to doing equity analysis. Instead, I’ve been dabbling at what I would describe as trading. Two of my core positions are USDJPY and Gold (USDXAU). The Yen has had big moves against the dollar in anticipation of and following the […]

FULL POST
Mar 21, 2013

The beginning of the end?

(0)

Last week I was forecasting Italian politicians de-stabilizing the rally in equities. I was mostly wrong. A solvency crisis in Cypress has taken up the cause instead. Like most people I’ve been turing the situation over, trying to figure out if this is the beginning of episode you name it of the Euro Crisis. I’ve […]

FULL POST
Jan 15, 2013

Dumb & Dumber

(0)

When I sat down today it was to write about how sold out of my (small) position in Dell at a profit, and how having an idea of where I valued the stock helped me to make that decision.  However, upon further reflection, I realized the more pertinent topic is why I will likely lose half […]

FULL POST
to-top