By Taylor Pearson, with an introduction by Simon Kerr of Enhance Consulting Introduction This essay has been published on HFI (with permission) not because it mentions two familiar names/brands from the hedge fund industry (Ray Dalio and Bridgewater, and Peter Thiel of Clarium Capital). Rather, a number of constructions that are key to successful […] Read more »
Attaining Performance Excellence In Hedge Funds
By Paul Berry What could a portfolio manager, a neurosurgeon and a military fighter-pilot possibly have in common? Well, they all work in high-performance professions where competition to enter is intense, with few enjoying success. The jobs are highly demanding, often encroaching into one’s personal life and the consequences of failure are significant. Yet […] Read more »
Dopamine and Manager Selection
Edited by Simon Kerr, Principal of Enhance Consulting The Brain’s Rapid Responses – Dopamine and the Amygdala The brain has three basic responses in forming expectations of future outcomes. They all involve the dopamine system—a set of neural circuits. When these neurons become aware of something important nearby, they set off a series of […] Read more »
Investing With The Chimp In Mind
By James O’Loughlin, CEO of JOL Consulting When Conn’s Inc. reported its Q2 numbers on September 5 this year, its stock took an immediate beating: down 25% from a recent intra-day high of $69.32 to an interim low of $51.85. Over the following two weeks it slipped further to $47.65, for a total collapse of […] Read more »
Intuition and Impulse in a Great Trader
By Stephen Bornstein, Principal of Wall Street Counsel What Makes Some Traders Stand Out Can Also Bring Them Down A great trader is one who has the uncanny ability to predict price action based on the behavior of other market participants, particularly other professional traders. Is that skill analytical or intuitive? For the past several […] Read more »