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David Crisanti
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David Crisanti was born and raised in Pittsburgh and graduated from Princeton in 1986 with a BA in economics. After college he worked as a proprietary trader at the investment bank Kidder, Peabody from 1986 to 1995, and at CSFB (as it was then known) from 1995 to 1999, where he was a managing director in charge of global equity arbitrage.

Dave studied physics at NYU from 2000 to 2004 and rejoined the investment world in 2005 and currently manages a hedge fund in New York City.

Entries by David Crisanti

The Kid Stays in the Picture

(0) Comments | Posted December 22, 2014 | 5:28 PM

Mike Coleman didn't believe his eyes. Why would Brian Grazer, Hollywood mogul steeped in critical acclaim from A Beautiful Mind and rolling in dough from Parenthood, Backdraft and Apollo 13, be in the middle of the Brazilian jungle in late 2003?

Then again Coleman's reasons for being there were as...

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Lewis Through the Looking Glass

(4) Comments | Posted April 3, 2014 | 6:27 PM

Michael Lewis claimed on '60 Minutes' (and then the 'Daily Show', 'Charlie Rose', CNBC, Bloomberg TV...surely 'Rachael Ray' is next) that the stock market is rigged for superfast pro traders (aka HFTs) at the expense of everyone else, as he elucidates in his new book Flash Boys. Then came the...

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The Wire

(0) Comments | Posted February 26, 2014 | 12:12 PM

On Friday the NYS attorney general's office announced that the news-release company Business Wire would stop selling direct access to corporate earnings reports. The idea is to prevent some market participants from having market moving information before others.

The issue is that some hedge funds had set...

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Three of a Kind

(1) Comments | Posted August 20, 2013 | 4:38 PM

In the news these days are Jeff Bezos buying the Washington Post, Alex Rodriguez receiving a 211 game ban for use of PEDs, and Fabrice Tourre being found guilty of securities fraud in a New York courtroom. Read on to see if they have anything in common beyond the fact...

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Information Age

(0) Comments | Posted July 21, 2013 | 9:35 PM

Two recent opinion pieces in the WSJ caught my attention. (If only it were Hustler that rejected all my letters to the editor, how much different these posts would be). One of the Journal pieces is by Holman Jenkins, whom I had challenged (via an aforementioned letter) to a duel...

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No, What?

(0) Comments | Posted June 15, 2013 | 11:05 AM

If there were a media outlet that covered verbal ticks the way ESPN covered Brett Favre there would be breathless reports on the rise of the phrase 'You know what?' It has supplanted 'Um' and 'Well' as the most frequent lead-in to any sentence, and has even displaced 'Like' as...

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Minting It

(1) Comments | Posted April 15, 2013 | 4:45 PM

When financial journalists are lined up in agreement on an issue that's a pretty good sign that there is a correct opinion (Hint: not theirs). A recent example is Bitcoin. If you turned to CNBC Thursday or Friday you were treated to several Bitcoin segments all of which featured reporters...

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Visible Hand

(0) Comments | Posted April 5, 2013 | 4:09 PM

Elizabeth Warren made news in mid-March when she argued for a hike in the minimum wage, saying that if it kept pace with productivity gains since 1960 the wage would be $22 today (v its actual $7.25) . We'll trust her on the numbers, but since

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Don't Mess With Texas

(3) Comments | Posted March 5, 2013 | 3:07 PM

If you come across the op-ed headline 'America's Red State Growth Corridors' in the Wall Street Journal do you need to read the article to know what it's about? Like, say, the movie Snakes on a Plane, or unlike Happiness, the title pretty much says it...

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Marginal Utility

(1) Comments | Posted February 25, 2013 | 2:19 PM

Recently the New York Times wondered why a prominent neurologist would provide inside information to a hedge fund manager and thereby risk ruining a sterling reputation built up over a lifetime. Just because the Times wonders doesn't mean the rest of us do--he did it because he wanted...

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Stop the Presses

(0) Comments | Posted December 6, 2012 | 11:49 AM

There is nothing the press likes more than a story about the press, so the biggest news in England last week was the release of the Leveson report on the media and its relation to politics and power in the UK. Every major paper lead with the story and some...

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The Song Remains the Same

(0) Comments | Posted December 4, 2012 | 12:00 PM

Raymond Seitz, former Ambassador to the Court of St James, wrote an enjoyable book called Over Here wherein he highlighted the subtle but pervasive differences between the English and Americans, even as the countries share the same language, TV shows, music, movies and upscale sushi restaurants. One of...

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Long Arm of the Law

(3) Comments | Posted November 13, 2012 | 5:15 PM

Professors aside, who doesn't get a chuckle from "Why is academia so cut-throat? Because the stakes are so small"? This quip actually springs from Sayre's Law which reads, "In any dispute the intensity of feeling is inversely proportional to the value of the issues at stake." Little League parents and...

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Just the Story, Ma'am

(1) Comments | Posted November 8, 2012 | 11:40 AM

It was a typical election-day experience in lower Manhattan: still in line after two hours when a rumor starts that there is an alternate voting site for Sandy victims a block away with no lines. Unbelievably it turns out to be true, and after filling out my ballot I put...

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Wisdom of Bookies

(1) Comments | Posted October 16, 2012 | 6:17 PM

Partners and I recently started testing software that allows people to answer questions via a smartphone app. In conducting this trial we enlisted a small group of 125 to download the app and respond to a handful of queries. Since the timing of the test coincided with the first presidential...

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Likable Enough

(1) Comments | Posted October 5, 2012 | 4:54 PM

A day before the presidential debate a friend emailed: "Romney is really fighting an uphill battle which continues to surprise me. Guess it shows that you have to come off as more likable than necessarily capable."

What my friend wrote is indicative of how a lot of people are feeling...

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Paper or Plastic

(0) Comments | Posted September 24, 2012 | 1:00 PM

There is occasionally news that emanates from other parts of the world that Americans find curious. We find it odd when a man due to assume his government's leadership disappears for fourteen days with not even a head-clearing hike on the Great Wall as explanation, or...

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Pin Interest

(1) Comments | Posted August 23, 2012 | 1:42 PM

Do you have a case of the Olympic blues? I don't mean because they are over, I mean because you couldn't get interested in them in the first place? You aren't alone. If you were born before 1968, there is a void where the Olympics used to be. In 1972...

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Crude Awakening

(0) Comments | Posted August 8, 2012 | 12:16 PM

This week's headscratcher from the WSJ op-ed pages came Friday, titled "Who Really Gets Rich off High Gas Prices?" Oil companies and countries that sit on oil deposits was my guess, but I was wrong; it's our federal, state and local governments via a combined 50 cents a...

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Dimon Jubilee

(1) Comments | Posted June 14, 2012 | 7:00 PM

You know you're old (or worse) when you look forward to televised congressional hearings more than you do to Alien prequels (or Mad Men finales). My enthusiasm in this instance was new -- in the past I've not made time to see Jeff Skillings' or Fabrice Tourre's Washington Q&A, nor...

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