While I use Hedge Fund Letters for my hedge commentary fix, I was wondering a little about where to go for the best free institutional research published online. I’m thinking in the vein of GMO, Hussman, PIMCO, Research Affiliates, etc. I’m going to start a list below, feel free to make some comments and I’ll add as they come in. Only requirement is the author(s) have to be institutional money managers:
First Quadrant (I really liked this currency paper)
O’Shaughnessy and here
Howard Marks (Oaktree)
See also GMO
Seth Klarman's Baupost letters are always a good read:
http://www.hedgefundletters.com/category/baupos...
http://www.ssga.com/library/
http://www.fundadvice.com/articles.html
http://www.gloomboomdoom.com/public/pSTD.cfm?pa...
http://www.europac.net/archives.asp
How about a list that includes managed futures.
CTA's had a great 2008.
http://www.ViewpointsofaCommodityTrader.com
Jim OShaughnessy, founder of OShaughnessy Asset Management and author of “What Works On Wall Street” and he produces helpful “Commentaries on historical market peformance following both “boom” (94-99) and “bust” (4Q-07 to 1Q-09) periods. He also posts helpful “Research” articles, most recent one deconstructs the anomaly of the fact that the lowest quality/worst momentum stocks have dominated the post 3/6/09 rally this year.
http://osam.com/commentary.php
http://osam.com/research.php
Jeff Bronchick of Reed, Connor, Birdwell.
http://www.rcbinvest.com/resources/letters.html
Solid value investor in your backyard. And has a great, witty writing style.
Howard Marks' memos are always a great read as well.
http://www.oaktreecapital.com/memo.aspx
Just browse to site to find the research links (or register for free)
FT Alphaville (the long room)
the oildrum
energy bulletin
Annaly capital management
peterson institute
sprott asset management
http://www.martincapital.com/main/reports.htm
http://www.westernasset.com/us/en/
http://www.pzena.com/heading-our-research/our-research...
http://www.diapasoncm.com/index.php
http://www.ashraflaidi.com/
Also, register in SCRIBD to find research papers (or the usual stuff from the big banks) from hedge funds or research letters. Lots of people post research over their.
http://www.lotsoff.com/
click publications, The LCM Perspective from Lotsoff Capital Management
Panagora.com has some excellent risk parity asset allocation papers.
Meb,
Awsome list. Many thanks!
David Rosenberg's analysis: http://www.gluskinsheff.com/
Meb,
While these resources are a great read, I would be curious to have the responders and yourself weigh in on if any of these resources are used to make actionable decisions? If one were to read a wide cross-section of these excellent resources they would certainly be confronted with well reasoned arguments to be on either side of a trade. What is most compelling about your TAA paper is that it provides clearly defined decision parameters. At the end of the day this is the only thing that counts.
I don't use them for investment advice or forecasting, but rather ideas and
concepts I use in my strategies and systems. And, of course, for
entertainment!
Jeff Saut of Raymond James
http://www.raymondjames.com/fin_news.htm
What about Brandes Institute http://www.brandes.com/Institute/Pages/default….
They have excellent value investing research.
What about Brandes Institute http://www.brandes.com/Institute/Pages/default….
They have excellent value investing research.
[...] Free Institutional Research – Via World Beta – While I use Hedge Fund Letters for my hedge commentary fix, I was wondering a little about where to go for the best free institutional research published online. I’m thinking in the vein of GMO, Hussman, PIMCO, Research Affiliates, etc. I’m going to start a list below, feel free to make some comments and I’ll add as they come in. Only requirement is the author(s) have to be institutional money managers: [...]