Archive | November, 2009

Galleon Technology Fund: A Clipper Or A Barge?

The goal of this weeks post is to explore the factors driving Galleon Technology fund’s performance a bit deeper. The fund was widely known for its high turnover, rapid-fire trading and extensive use of options to leverage short-term bets. Therefore, it seems unlikely that this quintessential hedge fund could resemble a typical technology sector mutual […]

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Galleon Puzzle: Can You Spot Insider Trading – Without Wiretapping?

The pattern in alpha is as important as its magnitude… Daniel Li Michael Markov In the recent insider trading scandal involving the founder of Galleon Group, Raj Rajaratnam, the government used wiretaps to secretly record his phone conversations and those of his alleged accomplices. In the complaint, government prosecutors present an insider trading case against […]

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