Archive for the ‘GS’ Category

Social Investing and Market Psychology

Wednesday, September 26th, 2007

Some of this summer’s events provide interesting hints about the potential pitfalls of social investing. Market neutral hedge funds (e.g. Goldman Sachs Global Alpha fund was down 23% for the month of August) went down in flames when they tripped upon themselves trying to unwind highly levered bets in illiquid markets that had ...