Doug Kass at TheStreet.com thinks the market is merely at the start of the adjustment process.
Paul Kedrosky at Infectious Greed on the importance of non-parametric tests.
Aaron Pressman at BusinessWeek.com examines how portfolio diversification and selected hedges have performed in this downturn.
Has Goldman Sachs (GS) signaled that the ‘quant bloodbath’ is over? (via WSJ.com & FT Alphaville)
How might the issue surrounding ‘high water marks’ make an hedge fund investment at this time more attractive? (via Market Movers)
Greg Newton at NakedShorts has updates on the performance of Sentinel Management Group, J.W. Henry & Co., Pirate Capital, and Tewksbury Capital Management.
How is Eddie Lampert faring in all of this market turmoil? (via DealBook)
One prominent fund manager seems to have avoided the mess..so far. (via DealBook)
Is there an “ECB Put”? (via Real Time Economics)
Have central banks become the “market makers of last resort”? (via naked capitalism)
Commercial paper rates have jumped. (via MarketBeat)
FT Alphaville reports that equity derivatives volume is soaring and back offices are swamped.
Quant turmoil aside, the “..secular shift away from high-beta mutual funds and toward bifurcated combinations of (commoditized) ETFs and (high-alpha-content) funds…” is still intact. (via All About Alpha)
Is Goldman Sachs stock a ‘proxy‘ for the alternative investment boom? (via TheStreet.com)
Mark Hulbert at Marketwatch.com is skeptical of the forecasting ability of the VIX.
Jeffrey Ptak at Morningstar.com with a take on this year’s best performing ETFs.
Small cap value stocks are taking it on the chin. (via NYTimes.com)
“Some Lessons on the Rescue of Long-Term Capital Management” by Joseph G. Haubrich (via SSRN.com)
Expect more tech IPOs coming down the pipeline. (via Infectious Greed)
Is Adobe (ADBE) planning to get into the office applications business? (via Wired.com)
Google (GOOG) and Microsoft (MSFT) want to get into the consumer health data business. (via NYTimes.com)
Traders should not rely on their P/L to provide ‘subjective well-being.’ (via TraderFeed)
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