Real businesses are not run this way off Wall Street.

Despite the fact that men in the study earned more than women, in general, women’s increased savings rate made up for the disparity in balances

“Disclosure is a great defense. It turns out you can do some pretty egregious things to your clients if you tell them you’ll do so in a document.” My friend Simon Lack, author of the incendiary The Hedge Fund Mirage, is back with his new book, Wall Street Potholes. In it, Lack explains why there are…

Short-selling is a hot topic again thanks to the battle between Citron’s Andrew Left and Valeant Pharmaceuticals that’s captured the business press’s attention over the last week. We had Andrew Left on our show yesterday and it was one of the best segments we’ve done all year (full video here). I’ve gotten a bunch of…

That’ll teach you to ignore weekly fund flow information or, at least, to discount its importance for the future performance of an asset class.

“Policy makers can dampen volatility but they have far less influence over achieving economic outcomes”