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And don’t miss Liam Denning on a less-than-impressive oil crash: “Oil did drop about 10 percent across a six-day losing streak beginning February 2, mirroring the selling in financial markets generally. Brent crude retreated from $70 a barrel, while West Texas Intermediate fell below $60.Yet you would hardly know it when looking at how hedge funds ended the week in terms of their market positions.”

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Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.

To contact the author of this story: Max Nisen in New York at

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