If you look at the top 100 CAPS players by score, 97% were started between 2006-2009. There are only 3 started in 2010 and none started after that. [more]
My CAPS score has declined by 4000 points over the last 6 months. My real life short positions have also performed poorly, although long positions have more than made up for it. [more]
"Be fearful when others are greedy, and be greedy when others are fearful."
Warren Buffett [more]
I'm on the edge of my seat. [more]
Clearly in a good mood after a +6.8% 3rd quarter, Dan Loeb of course quotes Thucydides ... and 2Pac's song "Keep Ya Head Up" to describe his $9.3B hedge fund's approach to Greek bonds. Presumably puzzling many Third Point investors. [more]