"Profit from your knowledge!"
The Bull Bear Trader discusses market events and news with an interest in understanding risk and return in both bull and bear markets. Discussion topics include trading and hedging strategies, derivatives, risk management, hedge funds, quantitative finance, the energy and commodity markets, and private equity, as well as an occasional investment opinion.
Monday, August 11, 2008
A-Rod, Eat Your Heart Out
It looks like you no longer need to hit over .300, drive in 100+ runs, and hit 50+ home runs to get a big payday in New York. Fortress Investment Group has just given a $300 million (31 million share) grant to on one of its top traders, Adam Levinson (see WSJ story). Given the recent poor performance of the stock, it may not stay at $300 million for long. On the other hand, over the long-term the deal has the potential to make even A-Rod jealous.
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