LTCM was an unregistered private
investment limited partnership (LP) with very few reporting and regulatory controls on it apart from normal auditing
LTCM's main strategy -> make convergence trades.
These trades involved: finding securities, mispriced relative
to one another taking long positions inthe cheap ones and short positions inthe rich ones.
4 Types of tra
1. What is the "Hedge Fund"
1.1 What is Hedge Fund?
1.1.1 Definition ofthe "Hedge Fund"
1) What is a hedge fund?
"Hedge fund" is a general, non-legal term that was originally used to describe a type of private and unregistered investment pool that employed sophisticated hedging and arbitrage techniques to trade inthe corporate equity markets. Hedge funds have traditionally been limited t
1. Given Virgin Mobile's target market (14 to 24-tear-olds), how should it structure its pricing? The case lays out three pricing options. Which option would you choose and why? In designing your pricing plan, be as specific as possible with respect tothe various elements under considerations. (e.g., contracts, the size ofthe subsidies, hidden fees, average per-minute charges. etc.)
[Option1
1. Imagine you are Bill. How would you explainto Mary the relationship between riskand return ofindividual stocks?
-기대수익율과 위험(Expected Rate of Return andRisk)-
먼저, 개인주식의 수익률과 위험과의 관계를 설명하기 전에 그에 대한 개념부터 알아야 할 필요가 있다. 수익률은 보통 기대수익률을 말하는데, 기대수익률은
the concept of guanxi. How did McDoanald's lack of guanxi affect Its operations in China.
1) Guanxi(꽌시)의 개념
한자로 關係(관계)라 표기되는 ‘꽌시’는 개인적인 힘(Personal Power), 인간관계 (Relationship), 인맥(Connection) 등을 의미한다. 비즈니스를 함에 있어 인간관계는 어느 나라에서나 중요시되는 요소이지