Daily Speculations

The Web Site of Victor Niederhoffer & Laurel Kenner

Dedicated to the scientific method, free markets, deflating ballyhoo, creating value, and laughter;  a forum for us to use our meager abilities to make the world of specinvestments a better place.

 

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Paul DeRosa

02/17/04: Market Calls of Paul DeRosa
05/13/03: Economics as an Evolutionary Science
10/09/02: Analysis of Gross’s Prediction of Stock Price

 

Paul DeRosa is a partner of the New York-based Simpson & Co. hedge fund, one of the top-performing funds. We consider him the most astute fixed-income trader in the world.

DeRosa began his career in the securities industry as the money market economist in Citibank’s bond trading division as the right-hand man of the legendary trader Mark Kessenich. DeRosa became the bank’s chief proprietary bond trader, and subsequently was named head of the bank’s financial derivative and capital markets businesses in North America.

In 1986, DeRosa and Kessenich joined E.F. Hutton Co. as co-heads of bond trading with particular responsibility for mortgage trading and finance.

DeRosa and Kessenich in 1989 established Eastbridge Holdings Inc., a bond and currency trading company in New York, where DeRosa eventually served as CEO.

DeRosa holds a Ph.D. in economics from Columbia and has served as a staff economist for the Federal Reserve Bank of New York.

Paul DeRosa sometimes shares his insights on turning points in various markets with Daily Speculations. Over the past two years, he has been astonishingly accurate -- and way ahead of the curve -- on stocks, bonds and soybeans.