These Three Investment Ideas Were Picked From Hundreds To Face Off At An...
On September 16th and 17th hundreds of investors will get together in New York City for the Value Investing Congress (VIC). And since last year, the Congress has added a bonus to your run-of-the-mill...
View ArticleGASPARINO: Steve Cohen Is Telling Friends That He's Resigned To Running A...
This just in from Fox Business Network's senior correspondent Charlie Gasparino... FBN NEWS: what a way to end a slow week on wall street: stevie cohen telling friends he's resigned to running a family...
View Article19 Awesome Perks For Workers At Hedge Funds
It seems like life on Wall Street is better on the buy-side.People who work at hedge funds tend to get a bigger salary and better hours as opposed to investment banking. Not to mention, they also have...
View ArticleA Discussion On Reddit Contains Two Extraordinary Insights On How Hedge Funds...
What do hedge funds do, and how do they make money?These are questions everyone wants answers to. And most people would like those answers to not be too technical.Reddit user gadela08 who claims to be...
View ArticleMeet The Man Who Is Now The Largest Individual Shareholder Of Herbalife (HLF)
William Stiritz is now the largest individual shareholder in Herbalife.The 77-year-old investor disclosed in a 13G regulatory filing with the SEC today that he personally owns 5,382,362 shares, or a...
View ArticleFund Manager Who Donated To Anti-Gay Marriage Initiative Arrested In...
An Oregon-based fund-of-funds manager was one of nine men arrested in a prostitution sting last week. The Oregonian's Fenit Nirappil reports that police in the city of Tigard posted advertisements...
View ArticleREPORT: SAC Capital Is Going To Give Bigger Base Salaries And Bonuses To Keep...
SAC Capital Advisors, the $14 billion hedge fund run by Steven Cohen, is introducing a retention program to keep its portfolio managers and analysts around, CNBC's Kate Kelly reports. From Kate Kelly:...
View ArticleCarl Icahn Just Completely Gave Up On Dell
Billionaire activist investor Carl Icahn has given up on his efforts to take Dell private, according to a new SEC filing. In the letter to Dell shareholders, Icahn asks people to follow him on Twitter...
View ArticleCarl Icahn Has His Own Pasta Dish On The Menu At This Midtown NYC Italian...
On Saturday evening I was looking for an interesting Midtown Manhattan restaurant to get dinner. I decided to try an Italian place on 56th Street called Il Tinello.It's a really charming spot. The...
View ArticleTwo Of The Most Notorious Folks On Financial Twitter Got Into A Huge Fight...
Two of Twitter's most notorious characters, Keith McCullough, the CEO of Hedgeye, and anonymous financial blogger ZeroHedge got in an epic spat on Twitter last night and it's still continuing this...
View ArticleSTAN DRUCKENMILLER: I Believe The Market Is Topping And 'I'm Lost' Right Now
Legendary hedge fund manager Stanley Druckenmiller was on Bloomberg TV moments ago talking about the market.Druckenmiller, the founder of Duquesne Capital (now a family office hedge fund), is usually...
View ArticlePresident Of Latina Group Slams Herbalife In Letter To The FTC
Alma Morales Riojas, the president of MANA, a national Latina advocacy organization, wrote a strongly worded letter to the Federal Trade Commission asking them to investigate Herbalife. (via FT...
View ArticleCARL ICAHN: I Bought 'Quite A Bit' More Apple Stock Today, It's A 'No Brainer'
With Apple down 5% after its iPhone announcement yesterday, investor Carl Icahn, who has been super vocal on Twitter about his investment in the company, is on CNBC's Closing Bell via telephone."We...
View ArticleMeet The 'Handsome' And 'Successful' 37-Year-Old Investor Running One Of The...
Thirty-seven year-old activist investor Richard Trainor McGuire III (a.k.a. "Mick") runs "one of the country's hottest hedge funds", according to Reuters. McGuire, who has been called a Bill Ackman...
View ArticleThree SAC Capital Traders All Jumped Ship For Millennium Partners
A gentlemen's agreement between hedge fund titans Steve Cohen and Izzy Englander not to poach employees from each other appears to be over.At least three investment professionals have left Cohen's...
View Article22 Brilliant Insights On How To Succeed In Business From T. Boone Pickens
T. Boone Pickens certainly has a way with words and a knack for telling it like it is. In fact, the 85 year-old energy tycoon/author of "The First Billion Is The Hardest" has a ton of catchy/easy to...
View ArticleSeth Klarman Will Return Money To Investors At The End Of The Year For Lack...
Seth Klarman's Baupost Group will be returning money to investors at year-end.As II Alpha reports, though the amount has yet to be determined, this would be only the second time the hedge fund has...
View ArticleHerbalife Hits A New All-Time High
Herbalife's stocking is making new 52-week highs today.The stock was last trading up more than 3% at about $73 a share. The stock has been trading in a range of $70.67 to $73.71 during today's session....
View ArticleJIM CHANOS: These Are The Kinds Of Companies We're Looking At Right Now
Jim Chanos isn't going to tell you exactly what he's researching at his world renowned short-selling firm, Kynikos Associates, but he'll give you an idea — a small one — of what he and his team are...
View ArticleWhitney Tilson's Presentation Eviscerates A Stock That 'Reminds Him Of...
At yesterday's Value Investing Congress, hedge funder Whitney Tilson laid out his pessimism about K12, a for-profit education company for students in kindergarten through 12th grade."I know the company...
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