The Daily Caveat has returned from a quick trip to the frigid streets of New York City. New posts to follow throughout the day. The most fascinating article I read on the train yesterday was this one.
Featured on the front page of the WSJ, (helpfully reprinted in full online by the Pittsbuirgh Post Gazette), the piece casts a new light on the notion of "activist" hedge funds. Jim Simon, scientist, scholar, smoker and uber-successful investor at the helm of Renaissance Technologies Corp. has set his sights on determining the cause and potential treatments for autism. Simon's daughter, Audrey, suffers from a mild form of the disorder.

A thrillingly interesting article.

More to come.

-- MDT