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Jim Chanos Just Shared His Sports Arena Indicator
Legendary short-seller Jim Chanos was on CNBC's Fast Money with Scott Wapner this afternoon, and he and his staff use a funny indicator when they're looking for shorts.It's the Sport Arena...
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Jim Chanos Still Has 'Questions' About Netflix
Netflixexceeded analyst expectations when it reported earnings this week, but legendary short seller Jim Chanos told CNBC's Scott Wapner that he still has questions about the stock.Chanos thinks DVDs...
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Hedge Funders Say It's 'A Badge Of Honor' To Be Targeted By 'Thuggish'...
The American Federation of Teachers, a labor union that represents teachers, is going after a bunch of hedge funders who support education reform. Last week, the AFT released a "watch list" of hedge...
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Italy Could Screw Everything Up For Hedge Fund Managers Trying To Get Money...
Think of it like this: You're a teenager asking your parents if you can borrow the car to go hang out with your friends, and your little brother steps in to say that you should be driving him to a...
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George Soros Reports A 7.9% Stake In JCPenney And The Stock Is Soaring (JCP)
Billionaire hedge fund manager George Soros has reported a 7.91% passive stake in JCPenney, according to a securities filing with the SEC.Soros Fund Management owns 17,386,361 shares of the retailer,...
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Hedge Funder Sues Former Goldman Exec For Allegedly Helping His Ex Inflate...
Hedge funder Warren Lichtenstein says that Andrew Cader, a former Goldman exec, conspired with British socialite Annabelle Bond to inflate her child support payments from him, New York Times Peter...
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How To Get Off The American Federation Of Teachers Hedge Fund Blacklist
Much of the talk in the hedge fund space lately has been about the American Federation of Teachers "watch list" of hedge funds that was released last week. The AFT's report "Ranking Asset Managers",...
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REPORT: Marc Lasry Turned Down The French Ambassador Post Because Of Ties To...
It had seemed like a done deal — billionaire hedge fund manager Marc Lasry would be ambassador to France. Even Bill Clinton was liberal with the information, confirming the news for Politico.But...
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Galleon's Co-Founder Is A Cowboy 'Cutting Horse' Champion In Texas
Galleon Group's co-founder Gary Rosenbach has been spending his time riding horses on a ranch in Weatherford, Texas since leaving the now-defunct hedge fund firm, Dealbook's Peter Lattman...
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One Of London's Most Glamorous Hedge Fund Galas Has Been Cancelled
A lavish annual hedge fund charity gala dinner in London has been called off this year. Hedge fund correspondent Sam Jones at the Financial Times reports that the ARK Gala Dinner, a $15,500-per-ticket...
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Three Columbia Business School Students Won $100,000 With This Monster...
This year, three Columbia Business School students took home $100,000 from Bill Ackman's hedge fund, Pershing Square Capital, for their long thesis on rental car company, Hertz.They were the winners of...
View ArticleThe Latest Episode Of CBS's 'Person Of Interest' Had A Hedge Fund Called 'VAC...
The most recent episode of CBS's crime drama "Person Of Interest" featured a fictitious Stamford, Connecticut-based hedge fund VAC Capital being investigation for insider trading by the SEC, New York...
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WHITNEY TILSON: Why I Have Attended Berkshire Hathaway's Annual Meeting Every...
The Berkshire Hathaway Annual Meeting is happening his weekend.It's a famous event in Omaha where Warren Buffett (and his partner Charlie Munger) answer a bunch of questions from shareholders, who are...
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Vanity Fair Made Steve Cohen Look Like Moby Dick In This Great Graphic
Vanity Fair has gone "Moby Dick" on billionaire hedge fund manager Steve Cohen, the founder of $14 billion SAC Capital.In a piece in the June Issue, Byran Burrough and Bethany McLean refer to the fund...
View ArticlePSA TO ALL WALL STREETERS: Don't Piss Off The Hamptons Locals Or They'll...
Summer is almost here and that means Wall Streeters will be heading east for the Hamptons.So heed this as a friendly public service announcement...Hamptons native/handyman Joe Schwenk, who Tweets under...
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WHITNEY TILSON: The Most Brilliant Things I've Learned From Warren Buffett
Value investor Whitney Tilson told us the No. 1 reason he makes the annual pilgrimage to Omaha, Nebraska for the Berkshire Hathaway annual shareholder meeting is to learn.We asked Tilson, who runs Kase...
View ArticleMan Closing Hedge Fund To Focus On His Hockey Team
Jeff Vinik, the owner of the Tampa Bay Lightning NHL team, is shuttering his hedge fund.Hedge fund manager Jeffrey Vinik shutting down firm; Vinik to return billions in outside investors' money after...
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Hedge Funds Are Making A Killing On Japan
Just look at the top list. Mostly Japan-related.Please follow Clusterstock on Twitter and Facebook.Join the conversation about this story »
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This Accounting Quirk Is Setting Up Public Pensions For Disaster
The Economist has an interesting piece in Buttonwood this week about how U.S. public pensions do their accounting. Basically, they discount their liabilities using the expected return on their...
View ArticlePaul Tudor Jones Gave An Impassioned Interview About Poverty On 60 Minutes
Hedge fund legend and billionaire Paul Tudor Jones rarely gives interviews, but last night he appeared on 60 Minutes to discuss his charity, The Robin Hood Foundation.The organization funds charter...
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