Carl Icahn Wins Again! (CHK)
Billionaire investor Carl Icahn, the founder of Icahn Associates, just keeps killing it. Yesterday, Chesapeake Energy's CEO Aubrey McClendon, who has been under fire, said that he will be retiring...
View ArticleThe Body Of A Missing Portfolio Manager Was Found Buried Outside Tokyo
Police in Japan discovered the body of a missing portfolio manager and what is believed to be the body of his wife near Tokyo two days ago, Bloomberg News reported. The deceased man has been identified...
View ArticleHedge Funder Paul Singer Went Ballistic On Argentina In His Q4 Investor Letter
You can almost feel the vitriol in Paul Singer's Q4 investor letter to clients of his hedge fund, Elliott Management.Naturally, that vitriol is directed at Argentina.The two parties have been engaged...
View ArticleBill Ackman's Big Hedge Fund Conference Is Coming Up — Here's How Last Year's...
Hedge fund titan Bill Ackman, who has been in the spotlight lately for his big Herbalife short, is putting on a hedge fund conference in the coming weeks.On February 13, Ackman, the CEO of $12 billion...
View ArticleWhy More And More Hedge Funds Are Moving To Palm Beach
The latest buzz on Wall Street is all about the migration of hedge funds to warmer, sunnier locales — in particular, Palm Beach County in Florida. The county has created the Palm Beach County Business...
View ArticleSOLD: The Sick Bachelor Pad Townhouse A Hedge Fund Manager Made From 7...
G2 Partners managing director John de Neufville turned two triplexes (purchased in 2002 for $2 million) into one massive bachelor's pad and sold it for $17.3 million, according to WSJ.Sure it was a...
View ArticleObama Called Out Hedge Fund Managers And Private Equity Firms Last Night, And...
In an interview before the Super Bowl, President Obama took a jab at hedge funds and private equity firms across the country, saying that he would finally take on "carried interest" tax, Reuters...
View ArticleSteve Cohen And Mathew Martoma Will Probably Sleep Better Tonight
Over at Dealbook Peter Lattman and Andrew Ross Sorkin report that new evidence has come to light that could help the defendant of the most profitable insider trading case in history, Mathew...
View ArticleCliff Asness Slams Hedge Fund Fees
First it was billionaire hedge fund manager George Soros saying hedge fund managers were over charging for their services, now it's Cliff Asness.Here what Asness, who founded quant fund AQR Capital...
View ArticleHerbalife Is Demanding A Correction From The New York Post After A Report...
Herbalife, a multi-level marketing company that sells nutrition products, is demanding the New York Post to issue a correction after a report that it's being investigated by the Federal Trade...
View ArticleZeroHedge Speculates That Carl Icahn May Be Trying To Crush Bill Ackman With...
Bondholders represented by law firm of Brown Rudnick sent JCPenney a notice of default last week claiming the retailer defaulted on bonds due in 2037.JCPenney then filed a lawsuit in Delaware to block...
View ArticlePaul Tudor Jones Is Shifting His Strategy, And Traders Are Leaving His Fund
Legendary trader Paul Tudor Jones is known as a philanthropic man who isn't big on the limelight, so it's not every day that we get reports of what's going on at his Greenwich-based hedge fund, Tudor...
View ArticleBILL ACKMAN: Dear Herbalife, Please Answer These 284 Questions
Hedge fund manager Bill Ackman, the founder of $12 billion Pershing Square Capital Management, has just released 38 pages of questions for Herbalife. There are 284 questions in total.Ackman, who...
View ArticleACKMAN: 'Why Does Herbalife Have ATM Machines In Mexico?'
Activist investor Bill Ackman, who is shorting $1 billion worth of Herbalife stock, has just released 38 pages of 284 questions for the company.Ackman, who runs Pershing Square, believes Herbalife is a...
View ArticleThe Fabulous Life Of David Einhorn—The Billionaire Hedge Funder Going To...
David Einhorn, the founder of Greenlight Capital, is one of the most closely followed hedge fund managers.When he talks about a company, the stock is likely to move and even he knows it. "Apparently...
View ArticleA Few Tips For Conquering The Hardest Part Of A Hedge Fund Interview
Numi Advisory has advised over 200 clients by providing career coaching, mock interviews, and resume reviews for people seeking jobs in equity research and investment management (full bio at the bottom...
View ArticleEx-Barclays CEO Bob Diamond Is Reportedly Considering Starting A Hedge Fund
The New York Post's Mark DeCambre reports that Bob Diamond, the former CEO of Barclays who resigned last summer amid the LIBOR scandal, might launch a hedge fund, according to unnamed sources. From the...
View ArticleThere Are Ways a Hedge Fund Could Use Inside Information Legally
The government is convinced that money managers who consistently beat the market are probably using insider information to produce these abnormal returns. Unfortunately for prosecutors who want to shut...
View Article13 Colleges That Have Produced Some Of The World's Best Hedge Fund Managers
You don't have to graduate from an Ivy League university with a degree in finance or economics to become one of the world's best hedge fund managers.While a bunch of the top fund managers did just...
View ArticleMeet The Olympic Gold Medalist Swimmer Who Wants To Be A Hedge Fund Trader
Clément Lefert, a French swimmer who took home a gold medal at the London 2012 summer Olympics, is interning at a hedge fund, Bloomberg News' Matthew Brown reported.The 26-year-old Olympian is...
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