Chris DeMuth Jr.'s  Instablog

Chris DeMuth Jr.
  • on Technology
  • on Conglomerates
  • on Financial
Send Message
Chris DeMuth Jr. is the founder of Rangeley Capital LLC. Rangeley is an investment firm that focuses on event driven, value-oriented investment opportunities. Rangeley Capital and his value investing forum, Sifting the World (StW), search the world for misplaced bets. Rangeley exploits them for... More
My blog:
Rangeley Capital on Harvest
My book:
Rangeley Capital Best Investment Ideas
  • “We Are The 98 Percent” – By Cliff Asness 0 comments
    Jan 7, 2013 12:36 PM

    It is important to read and understand the ramifications of this article. The author is my inspiration as a fund manager and writer. He is pretty brilliant at both, so I know that it can be done.

    There are many academic types able to put together evidence-based scientific research and there are even more market participants looking to exploit mispricings. Few people have the best attributes of both worlds. The academy is better off for its few members who get out in the market place and battle it out against all comers. The markets are better off for people who take a serious approach to understanding the world that we live in, put out research-intensive papers, and then invest as a follow through on the observations that they make.

    If you are interested in reading more form Cliff Asness, consider reading Short Selling: Strategies, Risks, and Rewards.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Additional disclosure: Chris DeMuth Jr is a portfolio manager at Rangeley Capital, a partnership that invests with a margin of safety by buying securities at deep discounts to their intrinsic value and unlocking that value through corporate events. In order to maximize total returns for our partners, we reserve the right to make investment decisions regarding any security without further notification except where such notification is required by law.

Back To Chris DeMuth Jr.'s Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Most Commented
  1. Archived GCVRZ Forum ( Comments)
  2. GCVRZ Forum Archive ( Comments)
  3. Event Driven Q&A Forum ( Comments)
  4. GPT Forum ( Comments)
  5. Shorts Forum ( Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.