• 06 Jun 2008 at 11:18 AM

Have You Lost Money In The Stock Market?

By John Carney


Street Shots: Wait, Hedge Funds Are Risky?

Comments (7)

  1. 1
    Posted by guest | June 6, 2008 at 11:25 AM

    Where’s BL? Did she end up the object of the next testimonial on the Pocket Change website?

  2. 2
    Posted by onetwo | June 6, 2008 at 11:27 AM

    I’m tired of f-ing uninformed reporters calling hedge funds “risky”. Yes, there is idiosyncratic risk–which is what everyone focuses on, the big blow ups–but, by definition, hedge funds are very safe. Take a look at the GS ART index, which, simply put, attempts to mirror the industry’s trades using regression derived betas. The index has an SD of 6%, which is 1/3 the SPX and about 200bps above Lehman Agg. Hedge Funds are not risky–poorly run hedge funds are. But the same risk lies in individual stocks–especially small caps–but we dont deride stocks as “risky” because as a market they aren’t very “risky”. That, of course, doesn’t mean individual companies aren’t risky–that’s the aforementioned idiosyncratic risk.

  3. 3
    Posted by guest | June 6, 2008 at 11:32 AM

    Onetwo……you sound like a real estate agent.

  4. 4
    Posted by guest | June 6, 2008 at 11:42 AM

    @11:25 – I was wondering the same thing. My guess is either she is nursing a hangover from last night’s ‘coverage’ of Taj. I imagine the result being a walk of shame originating in Hoboken. Way to take one for the team Bess!

  5. 5
    Posted by HAM05 | June 6, 2008 at 11:49 AM

    apparently, according to gawker coverage (slow day today) the event went down as advertised. mad peeps hooking up left and right. truthfully im pissed that i missed it, mustv been like shooting fish in a barrel.

  6. 6
    Posted by Suits | June 6, 2008 at 12:37 PM

    While I generally agree with onetwo’s sentiments, you’ve got to remember that for many of the unwashed masses, “stocks” are considered risky, and they’re unsure even of corporate bonds. It’s CDs and treasuries all they way.

  7. 7
    Posted by guest | June 6, 2008 at 12:52 PM

    you dorks- she’s gotta be riffing on those TV ads about excessive trading class action lawsuits.

Leave a comment

You can log in with your account or comment as a guest below.

   or