Buy-side Snapshot: In the Flow of Things
Traders Magazine, December 1999
By getting in the flow of things you will make money. That's what Oded Levy, a trader at Oracle Partners, tells the two other traders on the desk at the New York-based hedge fund specializing in the healthcare industry. Founded in 1989, the fund manages in excess of $600 million from high-net worth individuals, healthcare executives, and academic endowments. Over the past decade it has appreciated at a 30 percent net annual compounded rate.
Besides earning profits, Levy said "by staying in the flow of things the trader is able to generate ideas. He hears what's going on and is able to pass on this information to other people in the firm who can do more analytical work."
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