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Dan Loeb Will Pay More Than $2 Million To His New 32-Year-Old Head Quant

Dan Loeb Will Pay More Than $2 Million To His New 32-Year-Old Head Quant

It was some time back in 2009 when we first predicted that in a world in which central banks have taken away the "fun" from fundamental analysis (having effectively nationalized capital "markets"), that in the not too distant future quants - or "traders" whose only value added is to react rapidly after the news and/or be the fastest to chase any given momentum wave - would be paid far better than plain-vanilla fundamental analysts - those who use conventional financial analysis to make price forecasts, and whose work has traditionally highly prized by hedge funds yet are o

Israeli Ministers Have Approved Bill to Remove Online ‘Incitement’

A controversial new bill has been approved by Israeli ministers that will allow courts to order sites such as Facebook and YouTube to remove any material deemed “incitement” They say that such material contribute to Palestinian attacks on Israelis. The Social Media bill, also known as the “Facebook bill,” passed a Ministerial Committee for Legislation vote on Sunday (25 December) and will now be taken up by the country’s parliament. Al Manar News reports: Government watchdogs have expressed concern such a law could be abused and harm free speech.

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