Apple isn’t distributing any of its pile of $100B, it’s simply diverting a fraction of the firehose of new cash coming its way to investors. So they end 2012 with $140 B instead of $150 B (though the way they blow away forecasts it’ll still probably be $150B.)”

Stock picks and risk ideas

New book on equity volatility investing!!!

Great new book on volatility investing! A must read for all hedge fund, or other asset managers. The book explains why you should/must diversify your strategies with volatility AND why VIX derivatives and other products are bad for you. The book will show you how to manage volatility exposure without any cost of carry - gaining only the benefits of volatility exposure, without the drawbacks associated with some popular volatility products.

You will also learn a lot about beta replacement and alpha strategies within the volatility investment space. Other areas covered includes: option risk premium, volatility dispersion trading, correlation, the nature of volatility, asset allocation, risk management, dynamic hedging and automated option hedging algorithms.

http://www.amzn.com/B0071M7SGE

Volatility Investing for Asset Managers”, by Johan Wattenström

SPX Implied Correlation index at extreme levels. Time is good to hedge your long single stock Vega with index vol!

SPX Implied Correlation index at extreme levels. Time is good to hedge your long single stock Vega with index vol!

A dynamic move bound to continue. Backs the case for DELL & INTC 

A dynamic move bound to continue. Backs the case for DELL & INTC 

Vertex drug mentioned in Reuters news flash

Vertex drug mentioned in Reuters news flash

Earnings comming up next Wednesday. Positive news and strong market performance looks set to continue

Earnings comming up next Wednesday. Positive news and strong market performance looks set to continue

Biotech moving unaffected of market events

Biotech moving unaffected of market events

Great tool for breaking down enterprise value
https://www.trefis.com/

Great tool for breaking down enterprise value

https://www.trefis.com/

Small cap leading the way

Small cap leading the way