The Week (May 4)
Hedge funds are witnessing a “big fail,” as clients and money desert them. “The S&P 500 has outperformed the average hedge fund by more than 100 percent since 2009. That means that an investor who a decade ago put $100,000 on the S&P with a fee of 10 basis points would have $301,489 at the end of 2019’s first quarter. That same $100,000 invested with a typical hedge fund would return $174,787.”
Hedge funds, Big fail,Clients, Money, S&P 500,Outperformed,Fee
Tags: Big fail, Clients, Fee, Hedge funds, Money, Outperofrmed
Guardian (May 4)
“Thursday’s results mean there’s only one way forward: ask the people…. Both Labour and the Tories saw votes that have previously been cast for them move elsewhere, above all to the parties that want us to stay in the EU. Parties that have advocated some form of deal that involves leaving the EU–the Tories and Labour–were punished across the country. They lost seats and they lost votes.”
New York Times (May 2)
“What the Venezuelan opposition boldly proclaimed on Tuesday as a ‘final phase’ in the opposition’s three-month campaign to oust the Venezuelan strongman, Nicolás Maduro, fizzled out by Wednesday, leaving behind murky claims of secret talks gone wrong, defectors who didn’t defect and Russian and Cuban meddling. What comes next was even less clear than before.”
Tags: Cuba, Defectors, Final phase, Fizzled, Maduro, Meddling, Murky, Opposition, Russia, Strongman, Venezuela
Newsweek (April 29)
“Following a string of remarkable discoveries over the past two decades, the idea of alien life is not as far-fetched as it used to seem.” Amino acids “have been found in the tails of comets. There are other organic compounds in Martian soil.” And since the first habitable planet was discovered in 1995, “astronomers have catalogued thousands.” Discovery of alien life, “now seems inevitable.”
Tags: Alien life, Amino acids, Comets, Discoveries, Discovery, Habitable, Inevitable, Martian soil, Organic compounds, Planet, Remarkable
Time (April 29)
Sales of Burger King’s meatless Impossible Whopper are doing well, with national distribution planned by year end. “Currently, 59 stores around St. Louis carry the meatless Whopper option.” The planned “nationwide introduction of a vegetarian Whopper signals a more mainstream effort to include more meat-free options at national chains.”
Tags: Burger King, Impossible Whopper, Mainstream, Meatless, Sales, St. Louis, Vegetarian
