This Amazing Video From Space Could Change The Game For Hedge Funds
Last week, my colleague Michael Kelley wrote about the introduction of HD Video from space, that allows people to see movement on the ground with a level of detail previously impossible.The technology...
View ArticleCARL ICAHN: eBay Shareholders Lost $4 Billion Because Of The CEO's...
Carl Icahn has released another open letter concerning eBay.Icahn has been releasing open shareholder letters regarding eBay since last month. In these letters, he's been slamming some of the...
View ArticleREVEALED: How Bill Ackman Has Been Lobbying To Bring Down A Company That He's...
The New York Times' Michael Schmidt, Eric Lipton and Alexandra Stevenson have a big front page story on Bill Ackman and his $1 billion bet against Herbalife.In late 2012, Ackman publicly revealed that...
View Article6 Tips If You're Starting Out At A Hedge Fund Or Private Equity Firm
In the past few years, more buyside companies are hiring analysts straight out of college, or without 2 full years of ibanking experience.If you are in one of these positions, the 6 tips below might be...
View ArticlePeople Who Wrote Letters To The FTC About Herbalife Say They Don't Remember...
Some of the folks who wrote letters to the FTC demanding an investigation of Herbalife don't remember the writing letters, according to an investigation by the New York Times' Michael Schmidt, Eric...
View ArticleSAC Capital Just Got A New Name
SAC Capital, the once $14 billion Stamford, Conn.-based hedge fund run by Steven A. Cohen, just got a new name. SAC will be called Point72 Asset Management, Dealbook's Matthew Goldstein reports citing...
View ArticleBill Ackman Slams Herbalife's China Business Practices (HLF)
Hedge fund manager Bill Ackman, who runs Pershing Square, gave another presentation on Herbalife.This time it was on Herbalife's business practices in China. Pershing Square says they have done an...
View ArticleBill Ackman Argues Herbalife Is Breaking Chinese Laws In This New Presentation
Hedge fund manager Bill Ackman gave another presentation on Herbalife—a multi-level marketing company that he's betting $1 billion will go under. Ackman, who runs Pershing Square Capital, declared over...
View ArticleGASPARINO: Dan Loeb Yelled At The Secretary Of A Sotheby's Board Member And...
Activist hedge fund manager Daniel Loeb yelled at the secretary of a Sotheby's board member and then later apologized by sending flowers, Fox Business Network's Charlie Gasparino reports. According to...
View ArticleWhile Ackman Was Busy Slamming Herbalife, Two Of His Other Big Investments...
While Bill Ackman gave another incredibly long presentation on his Herbalife short, shares of two of his big investments tanked. Shares of Fannie and Freddie collapsed about 30% and 26%, respectively,...
View ArticleAckman Just Made Back Around $72 Million On His Bet Against Herbalife
Hedge fund manager Bill Ackman, who is famously short Herbalife, is probably pretty pleased with the news that the Federal Trade Commission will probe Herbalife. Until now, his $1 billion bet that...
View ArticleOne Of Carson Block's Big Shorts Is Up Big Today
It looks like short-seller Carson Block's just got burned on his short on Singaporean agricultural commodities trading firm Olam International. Bloomberg News reports that Singapore's state-owned...
View Article19 Instagram Selfies Of People Enjoying Herbalife
This week, Herbalife confirmed that they're being investigated by the Federal Trade Commission. Herbalife said that they welcomed the investigation and that they're confident they operate in compliance...
View ArticleThe Battle Between David Einhorn And An Anonymous Blogger Could Be Decided...
Folks from popular stock market blogging website Seeking Alpha will appear in court on Tuesday to explain to a judge why they shouldn't have to hand over the identity of an anonymous blogger to hedge...
View ArticleAnthony Scaramucci May Get Rid Of SALT Singapore
Anthony Scaramucci, founder of $9.6 billion fund of hedge funds SkyBridge Capital, has made the SkyBridge Alternatives Conference in Las Vegas the Super Bowl of hedge fund events since it launched in...
View ArticleA Former Hedge Fund Manager Is Selling His Florida Beach House For $13 Million
Alberto Franco, emerging market expert and former hedge fund manager at Quantek Frontier, is selling his modern South Florida beach front home, the Wall Street Journal reports.According to the listing,...
View ArticleShares Of Nu Skin And Herbalife Are On A Major Tear
Shares of NuSkin are going nuts today following a more than $500,000 fine from a Chinese regulator. The stock was last trading up more than 26% at about $94 a share.Back in January, NuSkin's stock...
View ArticleDOUG KASS: I've Been Blacklisted From CNBC — Here's Why
Fund manager Doug Kass, who runs Seabreeze Partners, writes in a new Street.com column that he hasn't been invited back on CNBC because of comments he made in a New York Post article last August. Kass,...
View ArticleDavid Einhorn Knows The Name Of The Anonymous Blogger Who Revealed One Of His...
Greenlight Capital, the hedge fund run by David Einhorn, has discovered the identity of the anonymous Seeking Alpha blogger that revealed one of the fund's stock positions. "Greenlight has identified...
View ArticleHerbalife Made A New Website To Counter Bill Ackman
BOSTON (Reuters) - Weight loss and nutrition company Herbalife <HLF.N> launched a website on Tuesday that details its business practices and counters claims made by billionaire investor William...
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