The call came in from Treasury Secretary, Timothy Geithner’s office. He was inviting me to join a select group of hedge fund managers to suggest economic policy priorities for the second Obama administration. He was leaving the job in three months, and wanted to make sure I knew the key career staffers who would carry [...]

I finally heard from my research man in New York. There is no power in midtown Manhattan, and life is pretty boring living by candlelight on the 35th floor of a building with no elevator. So he stopped at a KFC long enough to charge a cell phone battery and call me to tell me [...]

I spent a sad and depressing, but highly instructional evening with Dr. Stephen Greenspan, who lost most of his personal fortune with Bernie Madoff. The University of Connecticut psychology professor had poured the bulk of his savings into Sandra Mansky’s Tremont feeder fund; receiving convincing trade confirms and rock solid custody statements from the Bank [...]

Corn continued to grind lower last week, giving up ground from the near record draught-induced highs last summer. That bodes well for those running short positions in the grain such as the enthusiastic followers of my Trade Alert Service. The decline picked up steam thanks to a report from the U.S. Department Of Agriculture indicating [...]

You knew this was going to be one hell of an event when the people waiting in line to enter San Francisco’s cool, retro AT&T Park were so pumped up on adrenaline they were practically levitating off the ground. They were high from a few other things too, with the smell of incense pervading the [...]