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You Know Something's Wrong When Billionaire Fund Managers Are Worrying About...
The Wall Street Journal's Justin Lahart has an interesting piece today about how fund managers are starting to worry more about income inequality.America's rich-and-poor chasm has been a longstanding...
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Sotheby's Earnings Beat Estimates (BID)
Auction house Sotheby's reported third-quarter earnings results that were better than expected. The auction house posted a loss of 44 cents per share, which is better than expected.Analysts expected...
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RAY DALIO: France's Debt Spiral Puts It On Par With Southern Europe
Ray Dalio, who runs hedge fund behemoth Bridgewater Associates, spoke about economics and meditation at the DealBook Conference. Dalio, who is one of the most successful hedge fund managers ever, said...
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Dan Loeb Just Said He Owns FedEx And The Stock Is Surging
Dan Loeb is talking to Andrew Ross Sorkin at the New York Times Dealbook Conference this morning and he just mentioned that he owns Fedex. He's talked to the CEO and sounds confident about the...
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Dan Loeb Just Gave A Rare Interview And Revealed A New Position In FedEx
Hedge fund manager Daniel Loeb, the founder of $14 billion Third Point LLC, wrapped up an interview with Andrew Ross Sorkin at the Dealbook Conference. The combination of Loeb's recent press headlines...
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Hedge Funder Ken Griffin: 'If I Could Wave A Magic Wand, I Would Break Up The...
Hedge fund billionaire Ken Griffin, the founder of Citadel,Sorkin began the conversation with the topic of banking."If I could wave a magic wand, I'd break up the banking system," Griffin said.Griffin...
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Meredith Whitney's Hedge Fund Set A 12%-17% Return Target
Meredith Whitney's new hedge fund, Kenbelle Capital, will aim for returns of 12%-17% according to an investor presentation seen by Bloomberg.Whitney, known for her bearish call on Cit right as the...
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Hedge Funder Richard Perry Bought Herbalife And More FedEx During The Third...
Hedge fund manager Richard Perry, who runs Perry Capital, has filed his third-quarter 13F with the Securities and Exchange Commission. During the quarter ended September 30, Perry snapped up a position...
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Here Are The Assets That Hedge Funds Love And Hate [CHART]
Societe Generale has a new report on hedge fund positions.Included are these two charts of long and short exposures to various asset classes based on standard deviations from historical averages.As you...
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Tiger Global Bought A Ton Of Yahoo And Dumped News Corp Last Quarter
Tiger Global, the tech-oriented hedge fund run by Chase Coleman and Feroz Dewan, has filed its 13F with the Securities and Exchange Commission. During the quarter ended September 30, Tiger Global...
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John Paulson Joined Dan Loeb In Picking Up A Bunch Of FedEx Last Quarter
This week at the New York Times Dealbook Conference, Dan Loeb said he'd picked up a stake in FedEx.Now that 13Fs are coming out, it's clear he's not the only one.John Paulson's hedge fund, Paulson and...
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Billionaires Piled Into FedEx Last Quarter (FDX)
It's 13F time and hedge funds are filing their quarterly equity long holdings with the Securities and Exchange Commission now.We've noticed a handful have snapped up new stakes in FedEx.George Soros'...
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David Tepper Bought JC Penney, Dumped A Bunch Of Bank Of America Last Quarter
David Tepper's Appaloosa Management picked up a small stake in embattled retailer JC Penney last quarter, according to filings with the SEC. Specifically, the fund picked up 737,800 shares of JCP — the...
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Now Kyle Bass And Stan Druckenmiller Have Gone Long Herbalife's Stock
Texan hedge fund manager Kyle Bass has piled into the Herbalife trade. During the third quarter ended September 30, Hayman Capital Management held 436,371 shares of Herbalife, according to a 13F...
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Bill Ackman's Pershing Square Reports Big Stakes In Freddie Mac And Fannie Mae
Bill Ackman's hedge fund Pershing Square has taken a 9.77% stake in mortgage insurer Freddie Mac, and a 9.98% stake in Fannie Mae according to government filings.This after yesterday Bruce Berkowitz of...
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Vanity Fair Skewers Dan Loeb In A Parody Activist Letter About The Girl Scouts
Vanity Fair's recent profile of Dan Loeb called the controversial hedge funder "Napoleonic,""Machiavellian," and the "Kanye West of Wall Street."It wasn't the nicest characterization. But then again,...
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Meet The 24-Year-Old Professional Tennis Player Running A $115 Million Hedge...
Sam Barnett is the 24-year-old founder and CEO of SBB Research Group — a Chicago-area quantitative hedge fund that currently has $115 million under management. He started his fund while studying...
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CHANOS: Big Oil Companies Are The Next Value Trap
NEW YORK (Reuters) - Short-seller Jim Chanos said Tuesday it is time for typical equity investors to be "a little more cautious" even as the stock market may continue to rise.Chanos, speaking the...
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David Einhorn Mentions Micron Technology At Big Hedge Fund Conference And The...
Closely-followed hedge fund manager David Einhorn mentioned Micron Technology at the inaugural Robin Hood Investors Conference, according to folks on Twitter. This conference is closed to press. The...
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Dan Loeb Mentioned Another Big Japanese Company At A Private Hedge Fund...
Activist investor Daniel Loeb of Third Point LLC mentioned SoftBank Corp. at the Robin Hood Investors Conference, according to a source at the conference. The conference is closed to press.SoftBank's...
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