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Bill Ackman Almost Lost His Bar Mitzvah Money Betting On The SATs
It takes some serious stones to tell the world you think a company's stock is going to zero.That's probably why Vanity Fair has an awesome piece coming out next month about Bill Ackman and, more...
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10 Hedge Funds With Huge Stakes In Groupon (GRPN)
Shares of Groupon are tanking in after-hours trading after the company missed earnings estimates. The stock was last trading down more than 25 percent in after-hours. Groupon's stock is still up...
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Hedge Funder Bill Ackman Has Lost Nearly $150 Million On JCPenney Just Since...
JCPenney reported disastrous quarterly earnings yesterday with same store sales down 32 percent in the fourth quarter. The stock tanked on the earnings news. Hedge fund manager Bill Ackman, the CEO of...
View ArticleLegendary Short-Seller Jim Chanos Explains Why He Would Never Invest In...
Legendary short-seller Jim Chanos, the founder of Kynikos Associates, told Bloomberg TV's Trish Regan that he wouldn't invest in Herbalife. Chanos, who said he doesn't "have a dog in the Herbalife...
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Two Years After Clearing His Name, A Hedge Fund Manager Is Rebuilding His Empire
The headline ran "Troubled Firm to Close 2 Funds Worth $4 Billion."It was February 2008, and the firm in question was the hedge fund D.B. Zwirn. It had succumbed to accounting irregularities, though...
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Herbalife Is Adding Two Carl Icahn Nominees To Its Board (HLF)
Herbalife has announced an agreement with billionaire investor Carl Icahn, who is a major shareholder of the multi-level marketing firm that sells nutrition products. Icahn and Herbalife have agreed to...
View ArticleYou Won't Be Able To Unsee The New York Post's Photoshop Of Carl Icahn In His...
This photo illustration of billionaire investor Carl Icahn is in the New York Post today... [via @CarlQuintanilla] Man, Icahn is in AMAZING shape. (Via @nypost) $HLFtwitter.com/carlquintanill…— Carl...
View ArticleHedge Fund God Says Old People Are Stealing From The Young And It's Going To...
Billionaire hedge fund god Stanley Druckenmillertold Bloomberg TV's Stephanie Ruhle that old people today are essentially stealing from the younger population via entitlement transfer payments....
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DRUCKENMILLER: The Economic Mess Is Greenspan's Fault
Legendary billionaire hedge fund manager Stan Druckenmiller, who rarely does media appearances, sat down with Bloomberg TV's Stephanie Ruhle for an hour-long interview. Druckenmiller, who called the...
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Hedge Funder Claims His Beauty Queen Ex-Girlfriend Spent Over $58,000 On His...
Hedge fund manager Rishi Bajaj, who runs $620 million Altai Capital, has filed a lawsuit against his former beauty queen ex-girlfriend for allegedly spending tens of thousands of dollars on his credit...
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Finally Some Good News For Bill Ackman: He's Officially A Billionaire
Hedge fund titan Bill Ackman, the CEO of Pershing Square Capital Management, is officially a billionaire. Forbes has just released its annual "World's Billionaires" list and this time Ackman is on it....
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The 36 Richest Hedge Fund Managers In The World
The annual Forbes' "World's Billionaires List" is out. Every year, the list is full of the biggest names in the hedge fund industry. This year, there are some newcomers to the list including, Bill...
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The Fabulous Life Of 'Tiger Cub' Chase Coleman—The World's Youngest...
Charles Payson Coleman III, who goes by "Chase," was born into so-called "old money" and he's made himself quite a bit of new money as well.The 37 year-old "Tiger Cub" runs Tiger Global hedge fund...
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The Fabulous Life Of Stanley Druckenmiller — The Hedge Funder Who Says Old...
Media-shy billionaire hedge fund manager Stanley Druckenmiller made headlines last Friday when he spoke with Bloomberg TV's Stephanie Ruhle about a "storm" he sees coming. Druckenmiller, who accurately...
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How John Paulson Bet Massively On Gold At Just The Right Time ... And Still...
John Paulson's Gold Fund is down 10% year to date, according to CNBC's Kate Kelly, this after dismal performance in 2011 and 2012.Although it's true that gold has not done so hot of late, it's still...
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A Vanity Fair Profile Of Bill Ackman Is Coming Out Tomorrow And Trust Us...
The April issue of Vanity Fair hits newsstands tomorrow. We're excited because we can't wait to read Bill Cohan's feature on the hedge fund war between Bill Ackman and Daniel Loeb and Carl Icahn. We've...
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Five Great Quotes From The Vanity Fair Profile On Bill Ackman
We've read a copy of tomorrow's Vanity Fair profile on billionaire hedge fund manager Bill Ackman, the CEO of Pershing Square Capital Management — and you're definitely going to want to check it...
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ACKMAN: Einhorn And I Were Like 'Boyfriend And Boyfriend'... And Now We're...
William Cohan's Vanity Fair profile of billionaire hedge fund manager Bill Ackman, the CEO of Pershing Square, comes out today.In the extensive piece about the hedge fund war over Herbalife, we learn...
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Bill Ackman's JCPenney Has Two More Horrible Days
Struggling retailer JCPenney's stock hit a new 52-week low today. The stock was last trading down more than 3% early in the session at $14.51 a share.Yesterday, JCPenney's stock tanked more than 10%...
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REPORT: Carl Icahn Is Snapping Up A BIG Position In Dell, And Will Oppose The...
CNBC's David Faber reports that billionaire activist investor Carl Icahn is amassing a huge position in Dell. According to CNBC, citing unnamed trading sources, Icahn is said to have as much as a 100...
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