June 18, 2015 Kathmandu, Nepal I’ll never forget the Oath of Office I took when I was commissioned as an Army Intelligence Officer all those years ago. The most important part is where you swear to “support and defend the Constitution of the United States against ALL enemies, foreign and domestic.”

Liquid alternatives to private equity can be created simply by buying small, cheap, and levered stocks, Nicolas Rabener writes.

After analyzing small-cap biotech data from 2007 on, Akash Goyal has found that higher hedge fund ownership is positively correlated with forward returns and that stocks with higher short interest are correlated with negative forward returns.