The Search for Uncorrelated Assets
In a bear market like this one, the only hope to make money on the long side is to find truly uncorrelated assets. Unfortunately, in moments of crisis we usually learn that all correlations "go to 1," as asset classes that previously behaved independently suddenly move in unison.
For instance, as the markets plunged Thursday, gold plunged too. That supposed safe haven quite suddenly became as dangerous as stocks. What is an investor to do?...408 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.