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Discover the Opportunities: Morgan Stanley Spinoff Now Trading When Issued

I think the dynamics of this spin-off are somewhat different than the typical, not only because of the company but because of the situation. Refer to KBR- before HAL had spun off all of the shares. I think there is also a descent 3-way arbitrage opp.

Seth Klarman of Baupost Group: Top 10 Holdings

Most of his returns come from his distressed investments

Arbitrage Opportunity In Kaiser Group Holdings

Are you able to covert more than 19 shares? For instance if I own 300 shares am I able to convert all of them if I do not wish to own the "new" shares?

Any insight would be helpful as I am just an ordinary guy- who doesn't understand what is going on... But it seems like a bad idea for regular guys bc the company won't be registered with the sec

Learning From The Harvard & Yale Endowments

Nice Article- You are missing one large portion of the HMA's success, overlays- produce alpha on every asset class. This is what propelled HMA.

Exchange Stocks: Beware The Bear

Nice note. You should look into the effects of the recent AICPA change on alternative investments. Many endowments are having trouble getting full audits completed as a result of the exotic derivatives and lack of exposure data. This sector reminds me of Soros's reflexivity theory, the AICPA could be the event that changes the underlying bias on these stocks.