Friday, 24 October 2014
Last updated 3 hours ago
Apr 7 2008 | 2:00am ET
It’s been easy come, easy go, for Clarium Capital Management this year. The San Francisco-based hedge fund posted a 24.4% return in January, but plunged 9.9% last month, it told investors last week.
On the bright side for those investors, the $3.8 billion global macro fund, headed by PayPal co-founder Peter Thiel, remains up 15% year-to-date, Reuters reports.
Clarium blamed the March decline on losses on foreign equity holdings.
Clarium returned in excess of 40% last year.
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 ...