Tag Archive 'Steve Galbraith'

The Tiger Cubs Struggle

We have a particular fondness for Jullian Robertson’s offspring, the Tiger Cubs, when it comes to hedge funds. Sadly, they have struggled along with everyone else, though not as much in general. The NY Post reports on some of those hit hardest.

Index Alpha

Index investing is often described as “passive” or “beta” investing. However, one thing that is often looked past is exactly how active the construction process of indexes is in practice. Steve Galbraith used to say when I, and he, was with Morgan Stanley (before he went to manage money with Maverick Capital) that buying S&P500 [...]