Friday, 24 October 2014
Last updated 2 hours ago
Nov 8 2013 | 10:59am ET
Cantab Capital Partners is living up to its reputation for quirkiness.
The quantitative hedge fund, which, like many such firms, is in the midst of its worst-ever year, took an unusual approach to build morale: by literally giving its staff something to build.
Cantab spent £2,000 on Legos in an effort to cheer its employees, the Financial Times reports. The effort was apparently fueled by long faces at a firm used to posting double-digit returns, but that was down nearly 30% through August.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...