Knowledge Project

A big part of being a successful money manager or any other type of manager is surrounding yourself with a capable team and delegating responsibility based on the individual strengths and weaknesses of the team members. Few of the world's billionaires would say they got there all by themselves...

Benzinga’s Take For large firms like Pershing with massive stock holdings, exiting and re-entering positions in the short-term can be difficult and costly. Instead, institutional investors often use some form of relatively small hedges that allow them to mitigate risk without having to move...