The Ackman-Icahn Feud Explained In A Massive Flowchart
Billionaire investor Carl Ichan and hedge fund heavyweight Bill Ackman, the founder of Pershing Square Capital, have been fighting for ten years now. Their decade-long feud became legendary when the...
View ArticleInvestors Have Decided To Pull $1.68 Billion From SAC Capital
CNBC's Kate Kelly reports that investors have decided to pull $1.68 billion from Steve Cohen's embattled hedge fund, SAC Capital.The firm has about $15 billion assets under management, $9 billion of...
View ArticleICAHN: My Herbalife Stake Is About Making Money, It's Not Personal (HLF)
Carl Icahn just appeared on CNBC's "Halftime Report" with Scott Wapner again even though last month he told the anchor that he's "never going on a show with you again, that's for damn sure." Wapner...
View ArticleHedge Fund Manager Bob Chapman Has The Most Intimidating Headshot We've Ever...
Bob Chapman, who runs Manhattan Beach, Calif.-based Chapman Capital, was on Bloomberg TV moments ago. In a telephone interview with Bloomberg TV, Chapman said he completely exited his Herbalife...
View ArticleEvery Hedge Fund Category Lagged The S&P 500 In January
Hedge funds are often pitched to prospective clients as an asset class that can beat the markets or a specific benchmark like the S&P 500.However, hedge funds have been failing to deliver in recent...
View ArticleAnd Now The Herbalife Wars Have Swung Back In Bill Ackman's Favor
The hedge fund war over Herbalife keeps heating up.Right now, shares of Herbalife are trading back below the pre-Bill Ackman short levels.Ackman, who runs $12 billion Pershing Square Capital...
View ArticleHerbalife Beats Earnings Estimates And Raises Guidance (HLF)
Nutritional and weightloss supplement seller Herbalife just beat fourth-quarter earnings estimates and raised its sales guidance.Herbalife posted $1.05 EPS. Sales came in at $1.1 billion, according to...
View ArticleHerbalife Just Wrapped Up Its Earnings Conference Call (HLF)
Yesterday nutritional supplement seller Herbalife beat Wall Street's earnings estimates and raised its sales guidance. The multi-level marketing firm reported $1.05 EPS on sales of $1.1 billion.Click...
View Article12 Brilliant Insights From Investing Legend Seth Klarman
Legendary value investor Seth Klarman, the founder of Boston-based hedge fund Baupost Group, created a bunch of buzz amongst floor traders at the NYSE with a quote from his Q4 letter.Via Art...
View ArticleCHART OF THE DAY: Hedge Funds Have Lost Their Love For Gold
After taking a cursory look at the recent 13-Fs filed by hedge funds, it became apparent that hedge funds were scaling back their exposures to gold. George Soros was among the big names that unloaded...
View Article15 Life Lessons From Top Hedge Fund Managers
The hedge fund industry is full of some of the brightest people in the world who are immensely successful in trading and investing. While they can definitely offer some valuable advice about investing,...
View ArticleBrilliant Game Developers At The Biggest Slot Machine Company In The World...
A hedge fund manager's proxy battle with the management of IGT, the world's largest casino gaming company, is shining a light on what's been going on inside the company.In case you missed it, Jason...
View ArticleDavid Einhorn Has A 'New Product' Idea For Apple
Closely-followed hedge fund manager David Einhorn, the CEO of Greenlight Capital who is taking aim at Apple over its massive $137 billion cash hoard, just wrapped up a conference call with Apple...
View ArticleHERE IT IS: David Einhorn's Massive Presentation On What Apple Should Do
Hedge fund manager David Einhorn, the CEO of $8 billion Greenlight Capital, wrapped up an hour-long conference call about Apple.Einhorn, whose fund owned ~1.5 million Apple shares at the end of the...
View ArticleHedge Funds Are Loving This (AIG)
We recently learned that the hedge fund industry's new favorite stock is AIG, the beleaguered insurance behemoth that was at the center of the financial crisis.At the end of the fourth quarter, 117...
View ArticleJUDGE GRANTS GREENLIGHT'S MOTION TO BLOCK APPLE VOTE (AAPL)
Hedge fund manager David Einhorn, the CEO of $8 billion Greenlight Capital who is battling Apple, just scored a win in Federal District Court in Manhattan. Bloomberg News reported that Judge Richard...
View ArticleHEDGE FUND LEGEND MICHAEL STEINHARDT: 'I'd Like To Die Broke'
Hedge fund legend Michael Steinhardt is selling his private collection of Jewish ceremonial art at auction on April 29th, says WSJ. The collection is valued at around $11 million and will be sold at...
View ArticleSteve Cohen More Than Doubled His Pay Between 2011 And 2012
Billionaire hedge fund manager Steve Cohen, the founder of $14 billion SAC Capital, earned more than twice as much in 2012 than he did in 2011.Forbes has just released its 40 highest earning hedge fund...
View ArticleThe Fabulous Life Of David Tepper — The Hedge Fund Manager Who Made The Most...
David Tepper, the founder of $12 billion-distressed-debt hedge fund Appaloosa Management, is one of the most successful hedge fund managers in the world. The billionaire fund manager had a great year...
View ArticleThe Story Of How Bill Ackman Got Destroyed During A Bike Ride With Dan Loeb
William Cohan, the author of "Money and Power: How Goldman Sachs Came to Rule the World", has a fantastic anecdote in his piece in the April issue of Vanity Fair about an ill-fated Hamptons bike ride...
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