Interesting read here from the Booth School of Business. They find that hedge fund managers are not only consistently able to find alpha in their investments, but also share these ideas with the competition. With the recent spat of insider trading we know this isn’t a big surprise, but it’s an interesting weekend read nonetheless:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.