• And since most hedge funds have limited redemption periods (often no more than a 2-3 week window once per year) a large amount of selling becomes concentrated into a relatively short period of time.

    FORBES: GLD And Gold Shaking Hedge Fund Drag

  • They had a slightly larger yard than most of their crammed-in neighbors, so they had closed it off with sheets of rusty corrugated metal, and there, at four long wooden tables beneath a string of light bulbs which dangled from a second-story clostra-block window, they served up to thirty customers per night, if the turnover was fast.

    NEWYORKER: Ghosts

  • To that end, the Devils have remained one of the stingier teams in the NHL (they're ninth in goals allowed per game) without the benefit of an imposing defenseman who can window-wipe the crease like Stevens and Daneyko did years ago.

    WSJ: These Devils Aren't Just About the Defense

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