Wednesday, 27 August 2014
Last updated 22 min ago
Sep 9 2011 | 12:03pm ET
Some hedge funds make a point of recruiting former athletes to their ranks. Few, if any, sports teams return the favor.
But on Sunday, a former hedge fund intern will step onto the field at Kansas City's Arrowhead Stadium as the starting quarterback for the Buffalo Bills. Ryan Fitzpatrick, who won that job in the third week of last season, mused on the strange turn of events during the Bills' training camp.
"The last time I was going into the season as a starter, I had an internship at a hedge fund," he said. "So, that was a while ago."
That was seven years ago, when Fitzpatrick was an economics major at Harvard University. He had planned on a career as a financial adviser, but was drafted—very late—by the St. Louis Rams in 2005. But he never actually made it into a game until 2008 with the Cincinnati Bengals, playing in place of injured starter Carson Palmer. And it took another two years for another team—the Bill—to give him a chance to start full-time.
"I feel like I'm always going to have to go out and prove myself," Fitzpatrick told the Associated Press. "I'm not a big-school guy, a big-name guy. I'm never going to get the benefit of the doubt."
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...