What Is a “Crowded Trade” and How Can It Effect You

Occasionally on one of the financial networks when they are interviewing a money manager or hedge fund operator you will hear the term “crowded trade”.  While a “crowded trade” is difficult to pin down definition-wise, maybe it’s best to convey what a crowded trade is by describing various characteristics that make up a crowded Read the full article…

Weekend Update

At a gathering this weekend I had the good fortune to meet someone who completed an MBA degree in Finance from the University of Chicago a few years ago.  Some of you may remember that the University of Chicago is the birthplace of Modern Portfolio Theory (or M.P.T. for short), and other investing / Read the full article…