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Managing Your Investment Manager

Does An Investment Manager Have to Make Sense?

Lock Down Your Investment Manager

When Should You Pull Your Money Out?

When Your Hedge Fund Manager's Wife is Marie Antoinette, Get Another Manager

Doing Due Dillegence over the Phone

Is Your Investment Manager Lying to You?

Six Questions to Help You Evaluate Investment Gossip

What kind of Performance Data do Investors Need?

Investment Styles

Oxford Metrica and Cluster Analysis: Hedge Fund Style Analysis du Jour

Investment Technique

Artificial Intelligence

Conspiracy Theories

Fat-Tailed and Skewed Asset Price Distributions

Model Risk

Quantitative Analysis

Global Quant Meltdown

Trust Me, I'm a Quant!

An Explanation for the Quant Meltdown

Five Things the Quant Meltdown Should Teach Investors

Risk Management

Do Hedge Fund Managers Understand Operational Risk?

Operational Risk: How Bad is the Problem

Chris Mushell and Frontiers in Operational Risk Management

Kroll Report on Corporate Fraud

Merrill Lynch and the Subprime Debacle

Activist Investing, Private Equity and Venture Capital.

Activist Investing

Michael Jenson and Private Equity

New Taxes on Private Equity?

Investment Book Reviews

Carbon Finance

Evidence Based Technical Analysis

Fat-Tailed and Skewed Asset Return Distributions

Fortune's Formula

The Misbehavior of Markets

Sound Practices for Hedge Funds

2007 MFA Sound Practices Document

Managing Yourself and Others

An Article, Containing a Good Idea, But One You Had Better Sleep On

Seven Things about Courage that Hedge Fund Investors Need to Know.

Humor, Time Wasters and Stuff That's Just Plain Weird

Alfred Lawson--Nutcase

The Stand Up Economist

What a REAL Man Would Have Done About Enron

A Few Kind Words About Ayn Rand

A Version of Artificial Intelligence that Works!

Holiday Gifts

Books By Fred Gehm

About FredGehm.com

Reader Poll

You can’t win the cubical wars without this.

Chanukah and Christmas gifts for the quant on your list.

Thinkgeek won’t work for all quants, but if you’re buying for a geek—or if you’re one yourself—you’re going to think you’ve died and gone to heaven.  I made major points with my geek/engineer/son when I got him the remote controlled helicopter you can see on the left.  Also, coffee mugs with graphic representations of the caffeine molecule, water powered clocks, hydrodynamic building sets, levitating desktop globes, abusive rubber stamps, puzzles for the super-intelligent and lots of other cool stuff.

Bizarrely, ThinkGeek does not have one of the single geekiest items of all, better than a propeller beanie, better than a pocket protector; a slide rule tie bar.  If you’re a suit or you’re too young to have ever seen one of these before, a slide rule is a mechanical pre-calculator device that allows you to turn a multiplication or division problem into an addition or subtraction problem.  You can buy one of these things on ebay for twenty or thirty dollars.  Completely superfluous.  Seriously cool.

You'll need this when the mainframe breaks down.
Your great, great, great grandfather's laptop. Complete with windup key.
If you’re willing to spend a few thousand dollars on your geek’s present, you might want to consider getting him or her a steampunk laptop, such as the one pictured on the left.  Steampunk is a science fiction sub-genre, which reimagines Victorian England if technology has zigged instead of zagged.  No one I know of makes these things commercially, which means you will have to commission one and you are going to have to start now.  Judging by the links I’ve looked at, these people are lousy businessmen.  I would start with Richard R. Nagy, who built the one on the left.  If he doesn’t work out, try one of the links on his site.  Don’t tell any of them you read about it here and you will probably get a hell of a bargain.
Don't let your geek leave home without one of these!

Finally, propeller beanies; cheap and stupid.  You can get these on ebay, too.  Also, probably, pocket protectors.

"If your mother says she loves you, check it out." --Old reporters' motto; also our motto.
Copyright (C) 2005, 2006, 2007 Fred Gehm.  All rights reserved.