Billionaire Hedge Fund Manager Marc Lasry Bought A $33 Million Penthouse In...
Billionaire hedge fund manager Marc Lasry purchased the famed penthouse at 55 Central Park West last week, the New York Times reported. Lasry, who runs Avenue Capital, paid $33 million for the Upper...
View ArticleThe Next Questions For Indicted SAC Trader Mathew Martoma: Did He Defraud...
It was recently uncovered that former SAC portfolio manager Mathew Martoma, who is currently fighting insider trading charges in a New York courtroom, was kicked out of Harvard Law School for forging...
View ArticleHere's The Hilarious And Brutal Chart That Whitney Tilson Sent Out To Explain...
A month ago, hedge fund manager Whitney Tilson sent out a note saying that he thought the rise of 3-D Systems' stock "would end very badly." Tilson, who runs Kase Capital, is short the 3-D...
View ArticleFormer SAC Trader Mathew Martoma Found Guilty In 'Most Lucrative' Insider...
A jury in Manhattan federal court has found former SAC portfolio manager Mathew Martoma guilty of insider trading.Martoma was found guilty on all three counts (two securities fraud, one conspiracy).He...
View ArticleSteve Cohen Reportedly Used To Have SAC's Offices Checked For Government...
Matthew Goldstein and Alexandra Stevenson have an extensive article in Dealbook on why it's been difficult for the U.S. government to go after Steve Cohen, a.k.a. "The Big Guy." It's widely believed on...
View ArticleMeet The Hedge Funder Whose Finance Roots Date Back To The Shanghai Stock...
Hedge fund manager Christopher Tsai got hooked on investing when he was only 11 years old."I purchased five shares of a re-insurance company, which I really did not know much about it, but it looked...
View ArticleDepending On How You Look At It, There's A New All-Time Greatest Hedge Fund...
How does one measure a hedge fund manager and determine his (it’s almost always his) place in the pantheon relative to his peers? I like the idea of picking the very best of all time based on how much...
View ArticleHow Meditation Makes Ray Dalio Feel 'Like A Ninja In A Fight'
Billionaire Ray Dalio, the founder of hedge fund behemoth Bridgewater Associates, has been practicing Transcendental Meditation (TM) for 42 years. "Meditation, more than any other factor, has been the...
View ArticleTwo Of The Most Powerful Women On Wall Street Could Soon Be Out Of A Job
In case you haven't noticed, two of the most powerful women on Wall Street working on two different sides of the Atlantic could soon be out of a job.The two women are JP Morgan's Blythe Masters, the...
View ArticleAn Angel Investor On Two Key Differences Between Male And Female Entrepreneurs
Joanne Wilson is an angel investor, and her investment thesis is simple — she invests in people and real businesses, not ideas.Within that, though, there's a wide range of possibilities. She addressed...
View ArticleBILL ACKMAN: We Haven't Broken Even On Herbalife, But We're On Our Way (HLF)
Hedge fund manager Bill Ackman, who runs Pershing Square Capital Management, spoke about his massive wager against Herbalife at the annual Harbor Investment Conference."The last time I gave a...
View ArticleHOWARD MARKS: My Biggest Mistake Was Not Being John Paulson
Billionaire asset manager Howard Marks, who runs Oaktree Capital, was on Bloomberg TV this morning. Anchors Stephanie Ruhle and Matt Miller ask him to reveal his biggest investment mistake."My biggest...
View ArticleKyle Bass Dumped Herbalife And Picked Up A Bunch Of General Motors Last Quarter
Kyle Bass' Hayman Capital just released its Q4 2013 13F — the SEC filing that discloses a hedge fund's long stock positions.So lets see what Bass, who is mostly known for his macro calls, picked up...
View ArticleDavid Einhorn Wants The Name Of The Anonymous Seeking Alpha Blogger Who...
Hedge fund manager David Einhorn's Greenlight Capital is seeking the name of one of Seeking Alpha's anonymous bloggers, Bloomberg News reports.Greenlight has petitioned Seeking Alpha to reveal the...
View ArticleSeagram Billionaire Charles Bronfman Sells His Fifth Avenue Flat For $19.9...
Charles Bronfman, one of the richest Canadians in business with a net worth of $2 billion, just sold his Fifth Avenue full-floor apartment to hedge fund manager and fellow Canadian David Goel,...
View ArticleJohn Paulson Bought General Motors And Dumped Citigroup
John Paulson has released his quarterly securities filing detailing his fund's long equity holdings for the quarter ended December 31, 2013. Paulson disclosed a new stake in General Motors, the 13F...
View ArticleSAC Capital's Top Compliance Officer Is Leaving
SAC Capital's compliance chief Steve Kessler will step down effective Feb. 28, Bloomberg News' Joanna Ossinger reports citing an internal memo to employees. Kessler, an attorney who has been practicing...
View ArticleDan Loeb Bought 10 Million Shares Of BlackBerry (BBRY)
Hedge fund manager Daniel Loeb, who runs $14 billion Third Point LLC, disclosed a huge stake in Blackberry Ltd. In his fund's latest 13F filing, Third Point held 10 million shares of BlackBerry during...
View ArticleCarl Icahn Dumped More Than Half Of His Stake In Netflix
Billionaire investor Carl Icahn dumped more than half of his Netflix stake in the fourth quarter, according to a 13F securities filing. In the quarter ended December 31, 2013, Icahn held 2,665,557...
View ArticleHedge Fund Researcher Is Working On A Higher-Dimensional Geometric Model Of...
How do you picture the stock market: a bunch of guys yelling at computer screens on Wall Street? A long list of figures in the paper? Or, perhaps, an ever-shifting, higher dimensional jewel?The latter...
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