'You'll have to explain what a mistake means': Trump on whether the Khan feud...
Hedge fund manager Carl Icahn called Donald Trump's feud with Gold Star parents Khizr and Ghazala Khan as a "mistake." In an interview with CNBC, Trump stops short of agreeing with that...
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What does George Soros want for his 86th birthday? A new CIO
George Soros' chief investment officer Ted Burdick is stepping down just eight months after being promoted to the role, according to Bloomberg News.Burdick will remain at Soros Fund Management, running...
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This is what it's like when the 1% go to jail, according to a couple that...
Shame. Ostracism. A shift to food stamps.This is a harsh reality for the families of white-collar criminals — hedge fund managers convicted of insider trading, or bankers nabbed for embezzlement.Sure,...
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We now know who blew the whistle on Visium Asset Management
The whistleblower behind the investigation into Visium Asset Management, the onetime $8 billion hedge fund that is shuttering amid fraud charges, has been revealed.A former trader at the firm, Jason...
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Tiger Global has ditched Netflix
Chase Coleman's Tiger Global looks like it has exited its big Netflix position.The tech-focused fund took a huge stake in Netflix last year, but the firm did not list Netflix in its most recent 13-F...
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A 'Venezuela' is happening in capital markets
This may be the darkest thing we've read about the market in a while.In a letter to investors marking his hedge fund's 10th anniversary, James Litinsky of JHL Capital said he would rather be investing...
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2 Wall Street titans have made a big bet on Citigroup
Two Wall Street hedge fund titans are betting on Citigroup.Seth Klarman's Baupost Group added 5.2 million shares of the bank worth about $219 million in the second quarter, according to its 13F...
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Mark Cuban and Carl Icahn clash on Twitter over Donald Trump
Billionaires Mark Cuban and Carl Icahn clashed on Twitter on Monday over the economic platforms proposed by Donald Trump and Hillary Clinton.The back-and-forth started early on Monday morning when...
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A hot new hedge fund backed by investing legend Stan Druckenmiller has made a...
Castle Hook Partners, a new hedge fund started by two former Soros Fund Management executives, just added to its team with a big hire.Mike Hamill will be head trader at Castle Hook, which has the...
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A hedge fund manager has been charged for a scheme that profited from dying...
Donald Lathen, a hedge fund manager at Eden Arc Capital Management, has been charged with a fraudulent scheme involving the terminally ill.The Securities and Exchange Commission announced Monday that...
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Here's why the world's largest hedge fund makes applicants take 5 personality...
Applying for a position at Bridgewater Associates can feel more like a psychological assessment than a job interview.If someone wants to be part of the world's largest hedge fund, they will typically...
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A handful of hedge funds just made a play that screams 'out of ideas' (MS, C)
A bunch of hedge funds just sent a subtle message to the market: "Guys, we're out of ideas."On Tuesday, activist hedge fund ValueAct Capital announced that it had taken a $1.1 billion stake in Morgan...
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Another government agency has barred Steve Cohen until 2018
U.S. derivatives regulators said on Tuesday they have barred billionaire SAC Capital Advisors founder Steven A. Cohen from registering and managing commodity hedge funds.That restriction will be lifted...
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REPORT: Paul Tudor Jones is slashing jobs at his iconic hedge fund
Billionaire Paul Tudor Jones is laying off about 15% of staff at his legendary hedge fund, according to a Bloomberg report.The job cuts are a result of investment losses and investor redemptions from...
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A look inside the huge hedge fund that just went big on Morgan Stanley
The activist hedge fund ValueAct Capital has taken a big stake in Morgan Stanley.While ValueAct's intentions aren't completely clear, a private investor document sheds light on how the activist fund...
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This is the biggest trend in the hedge fund world right now
The humans are losing, the computers are winning, and the hedge fund game is changing.The hot topic in hedge fund land right now is the rise of the computer-driven investing, or funds which use complex...
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Bill Ackman's protégé just released a brutal letter eviscerating Buffalo Wild...
Buffalo Wild Wings found itself in hot water on Wednesday after an activist investor ripped apart the sports-bar chain's management and called for some major changes. Mick McGuire, the founder and CEO...
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This private investor document perfectly shows why people are sick and tired...
Hedge funds have been getting throttled since the beginning of 2016, and because of that people are starting to ask questions about their worth.As you know, people tend not to ask questions when they...
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Here's the brutal presentation that an activist investor just published about...
An activist investor publicly ripped apart Buffalo Wild Wings, following the company's annual investor meeting. Mick McGuire, the founder and CEO of Marcato Capital Management who has been called a...
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REPORT: Och-Ziff considered selling part of itself to Pimco
A multibillion-dollar hedge fund firm considered selling itself earlier this year amid a government investigation, The Wall Street Journal reports.Och-Ziff Capital Management considered selling part of...
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