Investment Strategy
ARK Invest
“Ark Invest” is a money management firm that manages money in ETFs, mutual funds, and separately managed accounts. Ark believes that innovation is the key to growth and alpha. Consequently, ARK focuses on disruptive innovation and offers strategies to investors who seek to capture long-term capital appreciation and alpha. Ark’s CEO and chief investment officer […]
Trading Sardines?!
Last Friday I spoke to a number of money managers. One of the attendees was Linda Bradford Raschke, a professional trader, who used to trade on the Pacific and Philadelphia Stock Exchanges, founded a number of hedge funds, well you get the idea. She has written a book, which she signed and gave to me, […]
Desperately Seeking Income
A long time ago in a galaxy far far away I began working on Wall Street. The year was 1971 and I had joined a small firm making markets in over-the-counter stocks and options. My salary was $100 a week and it was Camelot. Back then we were able to walk right off the American […]
Economics or Philosophy
“If it stinks, doesn’t work, is incomprehensible and doesn’t make sense – it’s either economics or philosophy.” . . . Raymond DeVoe Ray DeVoe was a friend I met when he was working at Legg Mason. He was one of the best writers on Wall Street , and to this day, I miss his wisdom […]