Though the gain in the S&P 500
since 2014 is likely to be wiped out rather easily, the
challenge for hedged equity strategies in the interim has been the extended duration of this top formation, coupled with a feverish shift of
investors toward indexing, which has benefited the capitalization - weighted indices relative to a wide range of historically effective stock - selection approaches.
Now Loic is the agent
for SixApart in Europe, the Middle East and Africa (see the post directly below) and so I throw out to
challenge to his new partners —
since they are making their company international — and to their
investor — who understands the power citizens media bring to emerging democracies — and to to other blogging companies.