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.
Earlier this month the World Gold Council published its quarterly report– and it shows that central banks and foreign governments from around the world are buying up gold at their fastest pace in six years. This is pretty big news, and it says a LOT about the future of the dollar. Remember, central banks and […]
Israel Englander is the chairman and CEO of Millennium Management LLC, a hedge fund that manages more than $35 billion. Englander – whose father’s side of the family was killed in the Holocaust – began his career as an intern at Oppenheimer & Co. and worked in multiple Wall Street firms after college before launching […]