Sun, Jan 25, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2012

Profiles
Two emerging hedge fund managers speak to New Managers:
Mike Dever of Brandywine Asset Management, and Mohannad ALRashoudi of MR Capital.

Author of "Jackass Investing" employs the multi-strategy systematic model he preaches

Michael Dever

Mike Dever has been a trader and an investor for more than 30 years. Last year, he published a book on investing, which professional title is "Exploiting the myths: Profiting from Wall Street's misguided beliefs", and popular title is "Jackass Investing: Don't do it. Profit from it" (an Amazon Kindle #1 best-seller in the mutual fund and futures categories.)

According to Amazon, Mr. Dever was driven to write "Jackass Investing" after seeing the fever instilled in people at the peak of the last great U.S. stock market bubble, in 1999. But writing the book took a back seat until the financial crisis of 2008 demanded its completion.

"The book exposes 20 common investment myths," he told Opalesque in an interview, "which I go through and explain why people believe them to be true, but why they are actually a myth. Then we give them specific actions they can take to exploit each myth."

Today, Mr. Dever, who lives near Philadelphia, PA, is a "re-emerging" fund manager. He devotes his time to running his new asset management company, Brandywine Asset Management, which follows his Return Driver-based methodology to trade broadly diversified portfolios in the global currency, interest rate, stock index, metals, energy and agricultural cash, futures and options markets. Brandywine's investment philosophy is based on the belief that the most consistent and persistent investment returns across a variety of market......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Druckenmiller alums at PointState make $1 billion on oil, Andurand Capital sees oil sliding to $40[more]

    Druckenmiller alums at PointState make $1 billion on oil From Bloomberg.com: Hedge fund manager Zach Schreiber stood on stage at Avery Fisher Hall in New York eight months ago and made a bold prediction. “We believe crude oil is going lower -- much lower,” Schreiber, 42, told the audienc

  2. Investing - David Einhorn discloses a new position in Time Warner, Canyon trimming bets on mortgage bonds after making $7bn[more]

    David Einhorn discloses a new position in Time Warner From FTLeavenworthlamp.com: …Einhorn also disclosed a new position in Time Warner. "Since 2009, TWX has refocused its business into a collection of high quality assets including basic cable networks (Turner and CNN), a movie studio (

  3. Top performing private equity firms you should invest in[more]

    Komfie Manalo, Opalesque Asia: Professor Oliver Gottschalg of Paris-based HEC Business School, also known as Ecole des Hautes Etudes Commerciales de Paris has released his annual ranking of the top performing private equity firms. The 2014 HEC-DowJones Private Equity Performance Ranking

  4. Comment - Why invest in hedge funds if they don't outperform the market?[more]

    From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could

  5. Owen Li 'truly sorry' for blowing up $100m of hedge fund’s assets[more]

    From CNBC.com: A hedge fund manager told clients he is "truly sorry" for losing virtually all their money. Owen Li, the founder of Canarsie Capital in New York, said Tuesday he had lost all but $200,000 of the firm's capital—down from the roughly $100 million it ran as of late March. "I take r