Some Of Warren Buffett's Favorite Stocks Have Been Getting Slammed
Some of Warren Buffett's favorite stocks are having a rough month, notes @ReformedBroker.The "Oracle of Omaha" is one of the largest shareholders of IBM, which reported disappointing third-quarter...
View ArticleHedge Funds Were Caught On The Wrong Side Of Two Big Trades Last Week (DIA,...
Stocks are rallying again on Tuesday, rebounding sharply after a couple of shaky weeks to start October. And while the move in stock indexes grab the most headlines, most of the big action over the...
View ArticleDAVID TEPPER: Short The Euro
Billionaire David Tepper, who runs $20 billion distressed debt hedge fund Appaloosa Management, said that he's short the euro during a "best idea" talk at the Robin Hood Investors Conference. Tepper...
View ArticleIn 2 Paragraphs, Dan Loeb Perfectly Sums Up Why October Has Been A Nightmare...
The past two weeks have been absolutely wild in the financial markets.We've heard of hedge fund folks sharing stories about having an uncharacteristically tough time getting this market right. Trading...
View ArticleDavid Einhorn Gave 2 Trade Ideas At An Elite Wall Street Conference — Here's...
Greenlight Capital CEO David Einhorn gave two ideas on Monday at the Robin Hood Investors Conference.One was a long position — in the solar company SunEdison. And the other was a long/short — long...
View ArticleOne Of Carl Icahn's Companies Is Getting Stomped
Federal-Mogul Holdings, an automotive parts company, is getting stomped on Wednesday. The stock is down 8% after reporting an $18 million loss in the third quarter.This is bad news for Carl Icahn, who...
View ArticleYou Can Find Wall Street's Biggest Titans On The Tennis Courts On Sunday...
On Sunday morning at 9:15, I met up with investment banker Jeffrey Appel in Manhattan's Upper East Side.It was my second week in a row accompanying Appel for the ritual of Sunday morning tennis on...
View ArticleBillionaire Steve Cohen Wants 57 Of His Ex-Wife's Emails From 2006
The drama never ends in the Steven and Patricia Cohen divorce saga.Steve Cohen, one of the richest hedge fund managers and the founder of Point72, (formerly SAC Capital) is trying to get a hold of 57...
View ArticleHedge Fund Superstar Lee Ainslie Is Launching A Venture Capital Fund
Maverick Capital is launching a $50 million venture-capital fund, joining a growing number of Wall Street firms that are cashing in on Silicon Valley.The Wall Street Journal's Juliet Chung reports that...
View ArticleBill Ackman's Big Pharma Trade Is Making Wall Street A Very Awkward Place
Things are getting awkward on Wall Street, and Bill Ackman is at the center of it. Perhaps it was only a matter of time.The unpleasantness concerns the dogged attempts the activist investor and the...
View ArticleThe Best-Performing Hedge Fund Manager Of 2013 Is Making A Big Bet On...
Larry Robbins, the best-performing hedge fund manager of 2013, is making a bullish bet on Millennials.He thinks they're ready to take on some of the life experiences they had to defer because of the...
View ArticleBridgewater Is Suing 2 Ex-Employees For Allegedly Lying About Their Roles...
Ray Dalio's $160 billion hedge fund behemoth Bridgewater Associates is suing two former employees for allegedly "lying to the market about their former roles" while marketing their new hedge fund to...
View ArticleRemember When A Hedge Fund Impounded Argentina's War Ship... Apparently...
If there's anything we've learned about the over $1.3 billion debt saga between a group of hedge funds and Argentina it's that just when you think something is over...There could always be more.And so...
View ArticleGeorge Soros And Kyle Bass Stepped Into The 'Argentina Versus Hedge Funds'...
Argentine bond investors are still waiting to get paid — and they're starting to get restless.After all, if this summer's technical default didn't end the stalemate between Argentina and its holdout...
View ArticleCarl Icahn Got Creamed On A Bunch Of Companies You've Probably Never Heard Of
The holding company of billionaire investor Carl Icahn posted a $355 million loss on revenues of $4.4 billion in its third-quarter earnings report.Icahn Enterprises took in a net income of $472 million...
View ArticleHERBALIFE GOT SMOKED
Shares of Herbalife plummeted on Tuesday.Herbalife's stock fell 20.50%, or $11.46, to end the day at $44.44 per share.Shares of the nutrition company opened lower on Tuesday following disappointing...
View ArticleDavid Einhorn Is Done Shorting Green Mountain Coffee
Hedge fund manager David Einhorn, who runs Greenlight Capital, has closed out the rest of his famous Green Mountain Coffee short position, according to an investor letter. He called it an "ultimately...
View ArticleDavid Einhorn Added Amazon To His Infamous 'Bubble Basket' Of Stocks
Hedge fund manager David Einhorn of Greenlight Capital added Amazon to his "bubble basket" of short positions, according to his fund's Q3 investor letter. The "Bubble Basket" is a collection of tech...
View ArticleFLECKENSTEIN: Rabid Financial News Anchors Make Me Think We're In A Bubble
Long-time Fed critic Bill Fleckenstein thinks that his heated segment on CNBC.com's "Futures Now" two months ago is evidence we're in a bubble. In case you missed it, back in September, CNBC's Jackie...
View ArticleBill Ackman's Hedge Fund Is Crushing It This Year
Activist investor Bill Ackman, the chief executive of Pershing Square Capital Management, is having a huge year in terms of performance. According to Bloomberg News' Kelly Bit, Pershing Square is up...
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