Building a Better Hedge Fund

Using cognitive science to advance the business of alpha generation.

The Real Reason Commodities Collapsed

In order to understand why commodities collapsed, we must first understand why they experienced such a historic rally earlier in the millennium. With the complete picture, we are then better positioned to predict where we are headed. That is exactly what we provide in this edition of Macro Radar.

Why the World Appears More Uncertain

EXCERPT: "Considering the high degree of variability and uncertainty inherent in very short term results, not to mention the volumes of research proving that small sample sets are more volatile, less predictable and less informative, it should make you question the decision making ability of portfolio managers, CIO’s and asset allocators who, in the face of turmoil and uncertainty, actually shorten their investment horizon. Although it appeals to our intuition and therefore feels right, focusing on progressively shorter term price action in order to gain greater control of your p&l volatility is quite simply, irrational.."

The Power of Avoiding Mistakes

If you want to improve results, you must get better by raising the level of your game. Swing quicker, spin more, run faster, jump higher. It seems so obvious that is what we need to do in order to achieve better outcomes. There is, however, an easier, more powerful approach. In this edition, we explain what that is.

Doctoring Deflation

In this edition, we look at the field of primary healthcare and the role physicians play in it to show why it is that no matter how low the unemployment rate goes, wage pressure is unlikely to become a factor.

Trade Write-Up Sample

Saudi Riyal - SAR1
In order to maximize returns, Bija combines the latest research from cognitive science with nearly 30 years of institutional investment management experience specializing in the use of derivatives. As this sample trade shows, by fully integrating a more proactive risk management plan into the trade structure itself, it is possible to simultaneously reduce p&l volatility while improving returns.

"While everyone else is scrambling to answer who, what, where and when, Duneier is focused on explaining the 'why'."

European Pension Fund Manager
London, England