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Steve Cohen's SAC Capital Is Closing Its Chicago Office
CNBC just tweeted that Steve Cohen's SAC Capital is closing its Chicago office.The hedge fund was the most profitable of the large hedge funds in 2012, according to Bloomberg, but it is under intense...
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SAC Capital Braces For Mass Exodus Of Investor Capital
SAC Capital has told its employees and advisors to brace themselves for a mass exodus of investor capital in the coming months, the WSJ reports.Withdrawals could equal $1 billion, or 17% of outside...
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A Bunch Of Hedge Fund Managers Have Gotten Spanked Betting On Atlantic City
Hedge fund masters of the universe Marc Lasry and Carl Ichan bet on a come back year for Atlantic City casinos this year and lost.One culprit was Hurricane Sandy. The storm did a real number on the...
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Shares Of Herbalife Are Skyrocketing Today (HLF)
Shares of Herbalife are soaring today. The multi-level marketing company that sells nutrition products is up more than 8%. Herbalife is the stock hedge fund fund titan Bill Ackman has been shorting....
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This Is A Rough Day For Bill Ackman (HLF, JCP)
Today looks ugly for hedge fund titan Bill Ackman, the founder and CEO of Pershing Square Capital Management.One reason is because Herbalife, the stock he has a massive short position on, is up more...
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Shares Of Herbalife Have Rallied Back To Above Where They Were When Ackman...
Shares of Herbalife have rallied back since hedge fund titan Bill Ackman, the CEO of $11 billion Pershing Square Capital Management, revealed his massive short position on the stock. Since December 18,...
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Dan Loeb May Have Already Made Over $100 Million By Going Against Bill Ackman...
Hedge fund hot-shot Daniel Loeb, the founder of Third Point LLC, has made an estimated $108 million profit so far with his long position on Herbalife, the New York Post's Michelle Celarier...
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'Manhattan Madam'/Former Hedge Fund VP Kristin Davis Is Running For NYC Mayor
Kristin Davis, the "Manhattan Madam" who provided call girls for Eliot Spitzer, is running for New York City Mayor, according to her website [via Absolute Return's Lawrence Delevingne]. If she becomes...
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JOHN HEMPTON: Ackman Screwed Up On Herbalife Because He Has A 'Misplaced...
Blogger/hedge funder John Hempton, who runs Bronte Capital, has just published a long piece about visiting an Herbalife "Nutrition Club" in Queens, New York. Hempton, who has called Herbalife...
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SALESMAN: Here's How Herbalife Got Me A $30 Million Mansion, A Fleet Of Fancy...
Herbalife, a multi-level marketing firm that sells nutrition products, has become one of the most controversial stocks lately. Hedge fund manager Bill Ackman, the founder of Pershing Square Capital...
View ArticleThe World's Greatest Short Seller Weighs In On The Herbalife Hedge Fund War
The world's greatest short-seller Jim Chanos, the founder of Kynikos Associates, weighed in on the hedge fund war between Bill Ackman (Pershing Square) and Daniel Loeb (Third Point) over Herbalife in...
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Kyle Bass Puts A Timeframe On His Infamous Prediction Of A Japanese Collapse
Texan hedge fund manager Kyle Bass, the founder of Hayman Capital Management, was on CNBC from the floor of the NYSE talking Japan, housing and the Fed moments ago. Bass, who if famously bearish on...
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A Quick Update On All The Big Investor Money SAC Capital Is Missing Out On
SAC Capital lost yet another massive influx of cash, the Wall Street Journal reports. This time, from Japanese bank Mizuho Financial Group.Since the beginning of 2013, the most profitable hedge fund in...
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DAVID TEPPER: 'This Country Is On The Verge Of An Explosion Of Greatness'
David Tepper, who runs $12 billion distressed debt hedge fund Appaloosa Management, was on Bloomberg TV "Market Makers" with Stephanie Ruhle moments ago. It was a tremendous interview and it showed a...
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David Tepper: I'd Rather Work At McDonald's Than Work On The Sell-Side
Legendary hedge fund manager David Tepper is on Bloomber TV with Stephanie Ruhle today talking global macro (he's an optimist) and everything else under the sun.At the same time, he managed to get in a...
View ArticleALERT: The Infamous Paul Tudor Jones 'Trader' Documentary Is Online Again
Months ago, the infamous Paul Tudor Jones 'Trader' documentary resurfaced, only to disappear back into the depths internet again.So if you missed it then, grab it now from dailymotion before it's too...
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David Einhorn Is A Really Witty Writer Even After Having A Terrible Quarter
Hedge fund hot-shot David Einhorn, the founder of Greenlight Capital, sent out his fund's fourth quarter letter to investors yesterday. The results were disappointing.Greenlight was down 4.9% in the...
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Greenlight's David Einhorn Is Really Bullish On Vodafone (VOD)
Closely-followed hedge fund manager David Einhorn, who runs Greenlight Capital, sent out his fund's fourth quarter letter to investors yesterday. Greenlight was down 4.9% in the quarter bringing the...
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Everyone Thinks David Einhorn Just Hinted That He's Short Herbalife, But...
Everyone thought that closely-watched hedge fund manager David Einhorn, the founder of Greenlight Capital, is short Herbalife because of this cryptic message in his fourth quarter letter to investors....
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Netflix Is A GIGANTIC Win For Carl Icahn (NFLX)
Shares of Netflix are soaring in after-hours trading after the company released an earnings announcement that crushed analysts' expectations. Netflix posted a profit of 13 cents earnings per share in...
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