Catching Up: J-Curve, Hedge Funds, Alpha Hunting, IPOs, VCs in China, and PC Forum

Here are a bunch of things worth reading, not all of which I may get to in longer form:

  • With hedge funds (Fortress, specifically) going public, we are officially at a hedge fund market top (N.Y. Times)
  • Venture investing in China has doubled year-over-year, but looks set to steady somewhat because of regulatory rule changes (IDD)
  • The J-Curve — things get worse before they getter — is a powerful notion with applicability beyond venture capital, so a new book on it is worth a look (Amazon)
  • Historically 79% of tech IPOs have underperformed the market (Forbes)
  • Thoughtful Economist piece on how the investing market is splitting into alpha specialists and beta specialists (Economist)
  • Esther Dyson nicely demontrates an under-used competitive strategy: When in doubt, declary victory (ZDnet)
  • Net of health care workers, the economy has added no new jobs since 2000 (BusinessWeek)
  • The Supreme Court is set to start posting same-day free transcripts of deliberations (Washington Post)
  • Child safety seats work … sort of … in certain cases (NBER)
  • Yahoo is trying to get its groove back, courtesy of a Caterina Fake-helmed incubator, hack day, etc. (TheStalwart)

Related posts:

  1. Hedge Funds as the Next VCs
  2. Hedge Funds as VCs
  3. Colleges Love Hedge Funds (and Venture Funds, and …)
  4. Uncorrelated Correlated Hedge Funds
  5. Hedge Fund Success Dooming Industry to Lower Returns?

Comments

  1. Kempton says:

    Hi Paul,
    Thanks for this collection of articles. I think I will steal this general idea of “bloggers’ digest”.
    Incidentally, I particular enjoy the articles on hedge funds in NYT, the Economist piece, Esther’s victory speech, and the Supreme Court’s same-day free transcripts article.
    And on this last bit, I am so happy that I live in Canada and CPAC shows Supreme Court of Canada (SCOC) proceedings with a few days delay. Many of the SCOC cases are suprisingly “interesting” to watch. My cheap way to learn about law selectively — watch SCOC proceedings and read SCOC decisions.
    Cheers,
    Kempton

  2. Doug Ransom says: