Tuesday, July 26, 2011

Quantum Performance

While Quantum has returned about 20 percent a year, on average, since 1969, when its predecessor was started, according to a person familiar with the firm, the fund’s performance has suffered in the last 18 months. In the first half of this year, Quantum lost about 6 percent, the person said, following a gain of 2.5 percent in 2010. Other macro funds have returned 5.6 percent in the last year-and-a-half, according to Chicago-based Hedge Fund Research Inc.

Monday, July 25, 2011

The Debt Ceiling debate on Talk Shows

A wise investor will do way better buying United States treasuries like the U.S. 30 year bond then buying bad paper from Wall Street.

Last time I looked it was the United States government that bailed out Wall Street and banks all over the world. Now the same people who were bailed out are whining about US debt levels and the government's ability to pay. The real question is how soon will these whiners be asking for another loan when markets correct?