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Post by arfanho7 on Feb 24, 2024 4:50:40 GMT -6
She and Higgins now work together at AQR Capital Management an asset management firm that implements quantitative strategies that Higgins calls the antithesis of discretionary stock picking. Playing With Real Bullets While Singhal Higgins and Mikhalev may not have had their own money on the line many other students in the course did. One part we didn t fully appreciate is that percent of the students would trade on their ideas says Cohen. They put their money where their mouth is. One of them Alice Newcombe MBA used her background in private equity to forensically investigate a mortgage insurance firm that didn t seem on the up and up. It was essentially charging people egregious amounts for insurance that they didn t necessarily need Egypt WhatsApp Number List she says. times the cost they told regulators they would. Estimating that ultimately over a third of the insurance liability rested with Fannie Mae and Freddie Mac she placed a bet that the US government would intervene. When class action lawsuits began popping up in several states Newcombe knew she had the catalyst she needed. A few months after she placed the trade the company issued a profit warning and its stock fell percent just as she d predicted. There were a lot of numbers out there but people didn t seem to put them together says Newcombe who now works for London based hedge fund AKO Capital. Despite her successful prediction she too bit her nails waiting for the stock to fall. It was hard she says.
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