|Andy Redleaf at the 2007 AR Awards
dinner (doubtless using his magnifying glass to seek
superior research in a copy of EuroHedge)
There's plenty of good research on improving
financial markets being published, but most of it is going
unnoticed, according to $2.7 billion Whitebox Advisors.
To change that, the hedge fund recently announced
the first annual Whitebox Selected Research Awards for research
papers published in 2011 "making outstanding contributions to
the art and science of investment."
First prize for the outstanding
paper of 2011 is $25,000. Additional prizes or honorable
mentions may be awarded for a total of no more than 12. Papers
will be judged and prizes will be awarded according to criteria
and procedures established solely by Whitebox Selected
Research, a recently launched portal for similar work.
"Ideas benefit from the challenge of being open,"
said Whitebox founder Andy Redleaf. "It's also the case that if
you look at the history of invention and innovation and new
ideas. Completely new ideas are almost a total misnomer.
They're almost always combinations of existing ideas."
Whitebox's man of letters