Part of the hedge fund's strategy involved purchasing risky assets from other investment banks.

ECONOMIST: Business books (4)

Its "buy-and-build" strategy included purchasing King World Travel, John Semple Travel, Stewart Travel and the Ski Travel Centre.

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L-3 is an acquisitive company and plans to maintain its strategy of purchasing other firms to expand its business.

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You construct this strategy by purchasing one out-of-the-money call or put and selling two deeper out-of-the-money calls or puts in the same expiration month.

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And Riley has yet to unveil an e-commerce strategy, other than a plan to pool purchasing among various divisions.

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The strategy says investors should start the year by purchasing the 10 highest-yielding components of the Dow Jones Industrial Average.

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For investors looking to build a strategy around IPOs coming out this year, Osbon suggests not being picky, purchasing whichever companies you want and getting out before the first public earnings report.

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