Hedge fund

Bernie Madoff, a well-respected financier, conducted one of the most well-known Ponzi schemes. Madoff lured in investors by guaranteeing them unusual high returns. Over several decades, Madoff was able to scam and convince thousands of investors to hand over their savings with a false promise of consistent profits in return. He was eventually caught in December 2008 and was charged with 11 counts of fraud, money laundering, perjury, and theft (Yang). On June 29, 2009, he was sentenced to 150…

The global financial crisis was triggered by the U.S. housing slump in 2007 and 2008. After the dot-com bubble burst in 2001, investors were looking for another place to invest. They found this in real estate which was thought to be safe because prices were thought to always go up. With mortgages available at low rates Americans began to take on more debt. U.S. firms also began to borrow heavily to buy assets with relatively small initial out of pocket capital costs. When the market crashed in…

Introduction European sovereign debt crisis triggered by the financial crisis of America swept across whole European countries. Why the Eurozone is too weak to resist the crisis? Are there any problems of the Eurozone? The sovereign debt crisis has spilled over to the banks, which increases the credit risk exposure of the banks. It is necessary for us to understand how the crisis impacts banks’ exposure and what are the reactions of the banks with respect to their capital provision. Finally,…

friend once shared with him, “every time you try to compete, you will always lose. Richards uses this to explain his point that it is nearly impossible to compete without the feeling of envy.” Further in his argument he brings up a man, a former hedge fund trader who worked on Wall Street. The man expressed through The New York Times that his raise of $3.6 million was unsettling to him because it wasn’t enough. Richards says he is an example of someone who is living the Instagram life, for the…

Part 1: Heathrow Terminal 5 (T5) was one of Europe’s largest and most complex construction project. The objective was to increase the airports capacity from 67 million passengers per year to 95 million. The overall expenditure of the project amounted to £4.6 billion; the key successes of the project were: timely completion schedules, adherence to budget and excellent safety records. The construction of T5 represented a breakthrough in megaproject management in the United Kingdom. T5 was a…

I was born in the Caribbean Island of Grenada also known as the Isle of Spice. I grew up in a stable household with my parents and an older brother. Both my parents did not have opportunities provided to them to get a proper education but they both worked very hard throughout the years to provide for their family and get to where they are today. As a side gig, my dad repaired computers and other electronic devices in which I would always sit and watch in curiosity. It was this that got me…

is sold in Idaho, the Pirates will get a cut of that MLB’s Investment Portfolio — When the Expos were owned by MLB, then sold to the Lerner family to become the Washington Nationals, the profit from the sale (about $330M profit) was parked into a hedge fund in 2006. Each team is an equal shareholder and, presumably, gets a cut yearly from the Baseball Endowment L.P. General Revenue Sharing — The Pirates are one of the “poor” teams in MLB, so they’re getting a cut from MLB to attempt to level…

using to pay your monthly credit-card bill from your exchanged-traded stock fund and using your ATM to sell $100 of that fund if cash need, or using your smart phone on a cash register to buy coffee using that fund. And as per him, this does not require anyone to hold risk-free or fixed-value assets. (Cochrane, 2013). However, Krugman (2014) made a controversial comment on Cochrane proposal saying “the manager of your index fund sells a tiny piece of your stock portfolio every time you use a…

With the 2016 Presidential elections coming up right around the corner, the date of November 8th continues to flush dread into the hearts of the voters. Considering the almost equally divided voter pool and two equally disliked candidates, the nation is contemplating some of the biggest issues of present day society as a means of distinguishing between the two opposing arguments. Nevertheless, there is one issue that Secretary Hillary Clinton and Mr. Donald J. Trump agree on: income inequality…

Question #1 - What does the term portfolio diversification mean? Explain in details and give specific examples special in finance. The term portfolio diversification is defined as “investing in different asset classes and in securities of many issues in an attempt to reduce overall investment risk and to avoid damaging a portfolio's performance by the poor performance of a single security, industry, (or country).” (Nasdaq n.d.) One describes the theory of portfolio diversification as not putting…