Tag Archives: tips

Common Errors Made by Youth Baseball Coaches

Cohasset Youth Baseball and Softball Association
Image: cybsa.net

Prior to joining Granite Point Capital as a partner in 2018, Scott Bushley served in varying capacities at BNY Mellon Investment Management where, among other accomplishments, he established its Global Financial Institutions Group and built the operational framework for its Global Partnered Solutions team. Beyond his pursuits in the financial sector, Scott Bushley is a volunteer youth baseball coach.

Coaching youth baseball or any other sport can be a rewarding experience, but there are several things one should and shouldn’t do to ensure that players are engaged, having fun, and improving their abilities. One of the more common mistakes a coach can make is forgetting that the sport should be fun, especially for younger players. This doesn’t mean that winning shouldn’t be the goal; rather, it should be a by-product of a competitive-yet-fun atmosphere in which coaches stress, recognize, and reward improvement.

Another common mistake made by youth baseball coaches is focusing too much on instruction. Generally speaking, kids have short attention spans and benefit more from learning drills on the fly than from being taught how to do them in drawn out talks. Moreover, drills should be divided into small group stations when additional supervision is available. This ensures that players are making the most of their practice time and are not standing around with nothing to do.

For coaches, one of the most important qualities is being open to learning. Oftentimes, a coach can make the mistake of thinking he or she knows all there is to know about a particular sport. Conversely, the best coaches are usually students of the game who seek out ways to improve their own abilities.

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Long-Short Investment Funds – Trading and Selling to Minimize Risk

 

Long-Short Investment Funds
Image: investopedia.com

Engaging as a partner with Boston-based Granite Point Capital, Scott Bushley guides the financial and operational activities of a hedge fund that provides diversified financial solutions. A fundamental approach of Scott Bushley’s firm is employing long-short investment strategies, with a focus on US companies that are mispriced in the markets.

Long-short funds are a specific type of hedge fund that focus on long positions in undervalued investments expected to increase in value. The invested equity is also employed as margin in opening a short position, which involves selling securities that are not owned.

The cash received from shorting the assets is placed into further long positions, such that the investment dollars at hand are leveraged. It also provides the fund manager with extra breadth in analyzing complex situations and tailoring approaches to exact market dynamics.

Another advantage of the long-short fund approach is that it is market neutral. Through selling and buying, the fund manager can avoid overexposure in volatile situations where upward and downward swings are common. Although this helps minimize risk for the investor, it can limit short-term returns to some extent.