- Gold rallies amid the stock selloff to once again become the safe-haven play. “I think people are so confused about this market.”
- Finra bars two brokers for selling a highly speculative hedge fund as a more mundane growth fund. The fund's last full month included a loss of more than 80%.
- The next big short is subprime auto loans, according to some hedge fund managers desperately searching for the next big short. Good luck finding a bank willing to do the trade.
- If you can get your hands on a hedge fund's financial statement, here's how to calculate its net asset value. The most obvious asset is cash, and cash due from brokers.
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.
Stock market selloff triggers a new gold rush
Plus: Finra bars two brokers, auto loans become the next big short, and calculating the net asset value of your hedge fund
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