3 EXPLAINERSCONNECTED TO THE EVIDENCE GRAPHFREE TO READ
Careful explanations of how the financial world actually works — hedge funds, short selling, quantitative investing — each one ending in the indexed record: the investors, sources and decisions where the ideas live.
HEDGE FUNDS · BEGINNER
What a hedge fund actually is, how the fee structure works, and how the main strategies — long/short, activism, macro, quant — fit the indexed investors in this library.
CONNECTED: 6 INVESTORS · 3 THEMES · 1 TRAIL
INVESTING · BEGINNER
The actual mechanics of shorting — borrowing, selling, repaying — where the risk really lies, and why the best-documented shorts in this library (Lehman, Allied Capital) were forensic.
CONNECTED: 3 INVESTORS · 3 THEMES · 1 TRAIL
QUANTS · INTERMEDIATE
How quant funds turn hypotheses into testable rules — signal, backtest, execution — why the Renaissance model differs from discretionary investing, and where Jim Simons fits in this library.
CONNECTED: 3 INVESTORS · 3 THEMES · 1 TRAIL
Every explainer is a door into the research library — never a dead end. Start with how hedge funds work, and end up in the indexed record of the people who run them.