The Next Dominos: Junk Bonds and Counterparty Risk
research-publications, what-teds-thinking
December 1, 2007
Published in Peter L. Bernstein's Economics & Portfolio Strategy, December 1, 2007 Nearly a year before the collapse of Lehman Brothers, Ted details the massive imbedded leverage in the financial system through the opaque credit default swap market. He forewarns serious and inevitable risk in the credit markets. Click here to download publication
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Disappearing Liquidity: Let's Don't Wait Til the Water Runs Dry
research-publications, what-teds-thinking
August 15, 2006
Published in Peter L. Bernstein's Economics & Portfolio Strategy, August 15, 2006 Two years before the financial crisis, Ted warns of excessive liquidity in the markets and suggests a prescription to protect capital against an eventual change in regime. Those following the recipe may have substantially protected capital when the financial crisis took hold. Click […]
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Protege Partners: The Capacity Challenge
research-publications
April 12, 2005
Published by Harvard Business School, April 12, 2005 Written by Professor Randy Cohen in 2004 and taught at Harvard, MIT, Stanford, and Columbia business schools over the ensuing 11 years, the Protégé case enlightens students about fund of funds, a focus on small managers, seeding, and the challenges of growing an asset management business. Go […]
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The Issue of Risk Transparency
research-publications, what-teds-thinking
October 1, 2002
Published in Institutional Investor Quarterly, Fall 2002 In the early years of institutional hedge fund investing, Ted discusses the interests of investors and managers to find a common ground in meeting both constitutes needs regarding transparency. Click here to download publication
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