Sun, Nov 29, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2012

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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November