The old trading axiom that a trending market can be wrong longer than an investor can remain solvent applies to everyone – including Paul Singer, one of the largest hedge fund managers in the world. Paul Singer: Challenges of a long career in money management In a recent letter to investors reviewed by ValueWalk, Paul Singer notes one of the main challenges of a long career in money management is making the correct call on a market that is trending in the opposite direction and waiting for that market to reverse. “The distance (in terms of time and cost) between…
Paul Singer Discusses Managing "Illogical Market Trends"
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.