Firm Puts Hedge Fund Plans On Ice, Sells Research

Twelve years ago, then 34-year-old Boston native Jim Copell never dreamed of working in finance, much less owning his own asset management and research firm on Wall Street. He didn’t attend college; he never even finished high school. Next week, Copell, who spent four years with Bear Sterns as a floor trader on the New York Stock Exchange, is publishing his company’s first research reports. The reports will focus on individual industries, utilizing proprietary research based on a customized data mining system created by a team from Massachusetts Institute of Technology.