According to Shipione, since the 1980s, some money managers for the San Diego fund were told to direct trades through Alpha.

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And whereas some observers criticise the Fund for trying to be too tough since the collapse, others argue that fear of one of its largest debtors defaulting made it too lenient.

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Some are trying to find new ways to fund the news, since nearly all online information is free.

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Arnott, who has managed the fund since 2002, believes mean reversion could take hold as soon as some uncertainties are taken removed from the market, especially concerning General Motors, Citigroup, and to a lesser extent, AIG and Bank of America 's merger with Merrill Lynch.

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