Here's What Happened On John Paulson's Bank Of America Call Yesterday
Yesterday, Bank of America held an investor call with hedge fund manager John Paulson to discuss his investment strategy. The timing was strategic, of course, as last week, Citigroup announced that it...
View ArticleAd Execs Are Already Suggesting Hedge Funds Do Commercials Using Serene...
As part of a provision in the JOBS Act (Jumpstart Our Business Start-ups Act), the SEC could lift a long-standing ban that would then allow hedge funds and private equity firms to advertise. We can...
View ArticleRead The Part Of Bill Ackman's Investor Letter Where He Talks About Taking A...
Hedge fund titan Bill Ackman, the founder and CEO of Pershing Square Capital Management, is still making a bullish case for JCPenney even though his hedge fund is taking a beating on that investment....
View ArticleThe Most Spectacular Hedge Fund Implosions Of All Time
This week, everyone's talking about John Paulson. The hedge fund manager, known for making a killing off of the housing bubble, was asked to face investors on a call with Bank of America prompted by...
View ArticleJulian Robertson Asked Mitt Romney To Be The CEO Of Tiger Management Back In...
The New York Times' Michael Barbaro reports that legendary hedge fund manager Julian Robertson asked Mitt Romney to be the chief executive of Tiger Management after his failed bid to secure the...
View ArticleANTHONY SCARAMUCCI: Clinton's Endorsement Of Obama Looks Like A Hostage Video
Oh the things that Skybridge Capital's founder Anthony Scaramucci's says... The Daily Beast's Alex Klein has an amazing profile of The Mooch, who is one of Mitt Romney's top hedge fund bundlers, and...
View ArticleThe NY Attorney General Is Investigating A Bunch Of Financial Firms For...
There was a bombshell report in the New York Times this weekend revealing that New York Attorney General Eric Schneiderman has launched an investigation into whether or not financial firms, including...
View ArticleThe NY Attorney General Better Have A New Trick Up His Sleeve To Win This Tax...
In case you missed it: This weekend the New York Times reported that New York Attorney General Eric Schneiderman is probing financial firms to see if they've been manipulating their profits in order...
View ArticleRemember When Mitt Romney Himself Said That Financial Firms Needed To Take A...
Everyone's talking about the New York Attorney General's probe into financial firms and how they use "management fee waivers" — they convert regular profit into capital gains, which can be taxed at a...
View ArticleWaiters At New York City's Restaurants Know Never To Seat Bill Ackman Next To...
There's an awesome piece in the New York Times Dining section that talks about the codes New York City restaurant staffers use to identify customers and personalize their experience (h/t @Dutch_Book)....
View ArticleLeon Cooperman's Omega Advisors Is Up 22% YTD
Leon Cooperman is killing it this year! The billionaire hedge fund heavyweight's Omega Advisor's is up 22% YTD, CNBC reported on "Half Time Report" on Thursday. Omega Advisors, which has $6.5 billion...
View ArticleLeon Cooperman Predicts What Will Happen To The S&P In The Event Of An Obama...
There's a lot of uncertainty in the market right now, and one of the biggest question marks in the mix is the American Presidential election. Hedge fund legend Leon Cooperman took that question on...
View ArticleFive Hedge Funds That Are Crushing It So Far This Year
CNBC's Kate Kelly has a list of hedge funds that are outperforming their peers so far this year. Here's a round up of their YTD performance as of 8/31: Greenlight Capital (David Einhorn) +10.9% YTD...
View ArticleLightSquared Debt Holders Had Some Fighting Words For Phil Falcone In Their...
In May, the bet of Phil Falcone's life, a telecom venture called LightSquared, filed for bankruptcy. Now, the parties that hold $1.1 billion of $1.7 billion of the company's debt want Falcone to...
View ArticleLook At All The Crazy Things A Young Hedge Funder Has To Forfeit For Duping...
Remember Anthony "A.J." Klatch II? In case you don't, he's the possibly bi-polar 28-year-old with a "genius IQ" who defrauded investors out of $2.3 million and then bought himself a bunch of fancy...
View ArticleHEDGE FUND MANAGER: This Dress Would Be Appropriate For The Office
Hedge fund manager Richard Perry, the founder of Perry Partners, attended his wife Lisa's Mercedes Benz Fashion Week show where she presented her 2013 spring collection. During the fashion show,...
View ArticleThese Three Young Investors Knocked The Socks Off Some Big Time Hedge Fund...
The Value Investing Congress and SumZero just announced the three finalists for the Value Investing Challenge and one of them will get to present his idea next month before some of the biggest hedge...
View ArticleRay Dalio On The Massive Deleveraging And The Dreadful Future Facing Europe
Hedge fund god Ray Dalio, who runs the highly successful Bridgewater Associates, spoke at the Council on Foreign Relations this morning with CNBC anchor Maria Bartiromo. The discussion covered a gamut...
View ArticleRAY DALIO: There's No Sensible Reason Not To Own Gold
Ray Dalio, one of the most successful hedge fund managers of all time, spoke with CNBC's Maria Bartiromo at the Council on Foreign Relations this morning. The hedge fund god made some interesting...
View ArticleThe World's Most Powerful Hedge Fund Manager Tells Investors How They Should...
Hedge fund god Ray Dalio, who runs Bridgewater Associates, is widely considered to be the most successful hedge fund manager in the world. He recently sat down with CNBC's Maria Bartiromo to discuss a...
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