“It’s not about trying to make all the trades a winner – it’s about having the average win be much greater than the average loss – and that is asymmetry.” 

Why You Don’t Want Symmetry in Investing – (Top Traders Unplugged)

Masters in Business: Cliff Asness – (Barry Rithlotz)

Managed Futures:

Managed Futures Global Volatility: Consider Global Macro and Managed Futures Strategies  to Hedge Potential Equity Bond Volatility – (Bill Burns)

Attain’s Managed Futures Rankings – (Attain Alternatives Blog)

Big Names in Managed Futures:

Barclay’s David Walker Joins Winton – (FT)

Man Group moves away from Managed Futures – (Value Walk)

Crude Oil:

Diverging developments in oil markets vs. energy shares – (Sober Look)

Probe:

Banks Face U.S. Manipulation Probe Over Metals Pricing – (Bloomberg)

EU Opens Probe of Cargill Buying ADM Chocolate Business – (Wall Street Journal)