Bill Ackman Hosted A Singles Party At His Apartment Last Night
At the Delivering Alpha conference we went up to Bill Ackman, the CEO and founder of Pershing Square Capital Management, and asked him where he was last night. That's because the hedge fund manager...
View ArticleThese Are The 12 Books That Bill Ackman Has All His Analysts Read
Monte Burke of Forbes Magazine, recently wrote a piece about a fishing guide named Oliver White who took Pershing Square Capital Management's founder, Bill Ackman, on a fishing trip in the Bahamas....
View ArticleIT'S OFFICIAL: Whitney Tilson And Glenn Tongue Are Parting Ways
CNBC's Herb Greenberg reports that T2 Partners co-founders Whitney Tilson and Glenn Tongue are parting ways. Tilson will remain with T2 Partners and Tongue will start his own fund, CNBC reported...
View ArticleTraders Under Investigation For LIBOR Rigging Keep Turning Up At Swiss Hedge...
If you've been following the LIBOR interest-rate rigging scandal that is causing Wall Street to implode right now, you may be aware that major global banks all over the world are being dragged into...
View ArticleRead The Letters That Whitney Tilson And Glenn Tongue Sent Investors About...
T2 Partners co-founders Whitney Tilson and Glenn Tongue announced in a letter to investors that they're parting ways. According to the letter, the pair decided to separate last month. Tilson is...
View ArticleEverything You Need To Know About Glenn Tongue, Whitney Tilson's Former...
It was announced earlier today that T2 Capital partners Whitney Tilson and Glenn Tongue are headed their separate ways. As far as hedge funders go, Whitney Tilson is something of a household name,...
View ArticleA Short Explanation For Why Investors Are Still Leaving Their Money In Hedge...
Hedge funds have had a rough last few months. Even the once wildly profitable hedge fund titan Ray Dalio saw his fund down 2.7% for the first half of 2012. Despite all that bad news, this morning,...
View ArticleBill Ackman's Very First Analyst Is Leaving Pershing Square To Start His Own...
The first analyst Bill Ackman hired for his Pershing Square fund in 2003, will be leaving within weeks to start his own hedge fund, Bloomberg Busienssweek reported. Scott Ferguson, now a partner at...
View ArticleApparently, Anthony Scaramucci Wants To Debate Simon Lack And Lack's Not Into It
Anthony Scaramucci is the founder of fund of funds, SkyBridge Capital. Simon Lack, an investment advisor, is the founder of SL Advisors. Recently, these men have realized that they disagree very...
View ArticleThis Is The Trait That Makes Seth Klarman One Of The Greats Of Hedge Fund...
My post yesterday contrasting Seth Klarman with many of his more well-known hedge fund peers has generated a ton of feedback, which is cool. The one thing I did not do in the post was explain why...
View ArticleHere Are The Latest Moves From Hedge Fund Hot-Shot David Einhorn
Billionaire hedge fund hot-shot David Einhorn, the founder of Greenlight Capital who is famous for publicly shorting Lehman Brothers before the bank's demise, disclosed the fund's latest moves in a...
View ArticleDavid Einhorn Says He Left His Wife A Note On The Fridge To Keep Her From...
We found this part of hedge fund titan David Einhorn's Greenlight Capital's Q2 investor letter particularly amusing... Landon Lee, our Research Associate in Dallas, has decided to pursue an MBA at...
View Article10 Hedge Funds That Could Be Getting Creamed On Zynga (ZNGA)
Social gaming giant Zynga, the creator of FarmVille, missed earnings expectations big time and cut forecasts yesterday causing the company's stock price to nose dive. Shares of Zynga were last down...
View ArticleA Private Equity CEO Was Shot Dead In His Office
The CEO of private equity firm was allegedly shot dead by a former business partner who then killed himself, MoneyWeb's Julius Cobbett reports. The CEO was Julian Williams, 37, the chief executive and...
View ArticleFinally, There's A Fund With A Superstitious Robot Trader That's Afraid Of...
Mark Frauenfelder of Boing Boing reports there's something called the Superstitious Fund Project that has collected money from investors in 50 cities throughout the world, and invests entirely on...
View ArticleJim Chanos' Recommended Read For Every Wall Streeter
Good investors, traders, Wall Streeters in general, need to know as much as possible to win, and you never know where you might pick up a lesson. That's why we're asking people on The Street about...
View ArticleDan Loeb Doesn't Drink Water Out Of Plastic Bottles
Billionaire hedge fund manager Dan Loeb--the founder of Third Point LLC who is known for his strongly worded scathing letters to companies and CEOs--doesn't drink water out of plastic bottles, the...
View ArticleThe Hedge Fund Manager That Helped JP Morgan Unwind The Whale Trade Is...
Now that the smoke is clearing, we're finally getting a sense of what was happening as JP Morgan scrambled to unwind the $2 billion trading lost discovered in its London Chief Investment Office....
View ArticleMacro Hedge Fund God Louis Bacon Is Giving Back $2 Billion To Investors
Billionaire hedge fund manager Louis Bacon, the founder of $15 billion AUM Moore Capital Management, is going to give back $2 billion to investors, Bloomberg TV's Stephanie Ruhle and Erik Schatzker...
View ArticleFive Hedge Funds That Could Be Getting Whacked On The Knight Capital...
Shares of Knight Capital are getting spanked today on unconfirmed reports and trader chatter that an algo program at the market-maker caused some wild swings in a bunch of stocks this morning....
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