All tagged Finance

The Hedge Fund: Understanding a 5.1 Trillion US Dollar Industry

The Hedge Fund: Understanding a 5.1 Trillion US Dollar Industry

Christopher Drummond
Finance

Alfred Winslow Jones — If you are keen on finance and the financial markets and do not know his name, you should. He is the grandfather of the modern-day financial titans known as hedge funds. The European-American sociologist/philanthropist from the mid-nineteenth century spent his youthful years running secret missions for an anti-Nazi group and drinking whiskey with Ernest Hemingway (Mallaby, 2010). The person who paved the way for an industry that controls an estimated $5.13 trillion would have likely spent his formative years working under financial moguls at places such as JP Morgan Chase or Merrill Lynch (Statista, 2023). It is logical to think that lacking a typical finance background would be a limitation; however, Jones used his unique background to his advantage. His years spent fighting Nazism and working undercover taught him how to be creative and escape boundaries, leading him to create the structure for arguably the most powerful and successful investment vehicles known today.

The Challenges and Importance of Saving as a Young Nigerian

The Challenges and Importance of Saving as a Young Nigerian

Ijeoma Anaka
Personal Finance

The onset of COVID-19 profoundly impacted the world, and its effects are still palpable today. With some regions not having fully bounced back from the spiral effect of the virus, the recovery has been slow. The lockdown affected economic activities, strained our finances, and challenged the government to help people out of their financial misery. Due to the pandemic, the projected global economic growth in advanced economies is expected to slow down to 0.5% in 2023 from 2.5% in 2022, while emerging economies are expected to decline to 2.7% in 2023 from 3.4% in 2022.

A Review of Price Expectations Prediction Methods

A Review of Price Expectations Prediction Methods

Zachary Weber
Investing

Making increasingly more accurate future stock market price predictions has long been a  master objective of portfolio managers, fundamental investors, exchanges, and traders alike. While many long-term investors and short-term traders have somewhat different goals for making price predictions and tend to prefer other analytical methods,  both have strategies and models that depend heavily on forecasting returns and making accurate price expectations predictions. Having good price information is essential, but it is less critical than some of the applications derived from price expectation information. No price expectations ever are perfect because markets are very complex adaptive, and evolutionary, chaotic systems that are by nature impossible to predict and have some perpetually novel, not repeatable forces at play.  

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