It looks like Warren Buffett is winning his 'million dollar bet' against...
Shocker — Warren Buffett is winning a million dollar bet he made about investing 7 years ago.Back in 2008, Buffett bet that the S&P 500 would beat sophisticated hedge funds over the next 10 years...
View ArticleNot all of Wall Street believes Bill Ackman's stellar performance numbers
The whisper on Wall Street is that hedge fund titan Bill Ackman's returns are not as impressive as recently published reports would have you believe.Last week Bloomberg published hedge fund titan Bill...
View ArticleHow 'one of the worst traders in the history of Wall Street' became a...
This is a story about appreciating your talents, and letting them take you to the top.In an interview with OneWire's Skiddy von Stade, Ben Carpenter explained his ascent to co-CEO of brokerage firm...
View ArticleBillionaire hedge fund manager explains why banker pay is way more screwed up...
Billionaire hedge fund manager Paul Singer — the CEO of $25 billion Elliott Management — defended the hedge fund compensation structure, suggesting that bankers are the ones investors should be upset...
View ArticleHere are the asset classes hedge funds love and hate
Societe Generale charted how hedge funds rate various asset classes these days in a note Wednesday.Hedge funds are particularly positive on the S&P 500 and gold, but they're not really into...
View ArticleThis is what the hedge funds that won 2014 looked like
Last year was a tough one for hedge funds.A recent Citi survey found hedge fund profits down for the year about $10 billion dollars – or 30 percent – from the year prior, and indexes from research...
View ArticleSon pleads 'not guilty' to murdering his hedge fund manager father
Thomas S. Gilbert Jr. pleaded "not guilty" in the murder of his hedge fund manager father before a a grand jury in New York on Thursday. Gilbert Jr. was indicted on Thursday in New York State Supreme...
View ArticleJudge tosses Brazilian soap opera star's $50 million lawsuit against her...
A judge tossed out former Brazilian soap opera star Adriana Ferreyr's $50 million lawsuit against her ex, billionaire hedge fund legend George Soros, Page Six reports.According to Page Six, the judge...
View ArticleOne of the world’s largest activist hedge funds has made a $152 million bet...
One of the world’s largest activist hedge funds has made a bet worth nearly £100m on Britain’s solar power industry, The Sunday Telegraph can disclose.Elliott Capital Advisors, the UK arm of the...
View ArticleThe incredible toys of hedge fund billionaire Steve Cohen
When you run one of the world's most successful hedge funds, you can probably afford some pretty amazing stuff. So it makes sense that Steve Cohen, with an estimated net worth of $10.3 billion, has a...
View ArticleKYLE BASS: 'I live with this constant feeling of inadequacy ...'
If you're looking for a good use of an hour, Raoul Pal has a fantastic 50-plus-minute in-depth interview with Texan hedge fund manager Kyle Bass posted on Real Vision Television.Last year, Pal, a...
View ArticleLEON COOPERMAN: 'Our 2014 performance was embarrassing'
Billionaire Leon Cooperman, the founder of Omega Advisors, said his fund's returns last year were "embarrassing." The fund dropped 4.2% in the fourth quarter of 2014. Omega ended the year down 2.8%,...
View ArticleDAN LOEB: We're in a 'haunted house market'
Daniel Loeb of Third Point LLC writes in his latest investor letter that increased volatility has turned 2015 into a "haunted house market."Here's Loeb: Already, 2015 has been marked by increasing...
View ArticleKyle Bass' war against the US pharmaceutical industry has officially begun...
Texan hedge fund manager Kyle Bass' war against the US pharmaceutical industry has officially begun.The founder of Hayman Capital has filed an inter partes review (IPR) petition with the US Patent and...
View ArticleLIVE: Kyle Bass speaks at a conference in NYC after initiating a big short
Texan hedge fund manager Kyle Bass is speaking on a panel at The Economist's Buttonwood Gathering at the Time Warner Center in Manhattan.He's on a three-person panel.We're going to update this post...
View ArticleCheck out Kyle Bass' business card
Texan hedge fund manager J. Kyle Bass, the CIO of Hayman Capital, has a really neat business card. On one side is his contact info in English, and on the reverse side he has the same info written in...
View ArticleThe queen of hedge funds is killing it
Hedge fund manager Leda Braga took the reins of BlueCrest Capital's spinoff computer-driven firm, Systematica Investments, last month and she's already killing it.Braga, who, when she was president of...
View ArticleBill Ackman's big hedge fund conference is tomorrow — here's how last year's...
Hedge fund manager Bill Ackman, who was a top performer in 2014, is putting on a hedge fund conference on Thursday On February 12, Ackman, the CEO of $18 billion Pershing Square Capital Management, and...
View ArticleCarl Icahn values Apple at more than $1 trillion
Billionaire Carl Icahn thinks that Apple is worth $216 per share, according to a new letter posted on his website.Shares of Apple were last trading up 2.2% at around $124 per share.Reuters notes that...
View ArticleHEDGE FUND MANAGER: Here's why I'm losing my $1 million bet to Warren Buffett
Just as stock picks sometimes head in the wrong direction upon purchase and call into question whether a thesis is early or wrong, so too has hedge fund underperformance over the last seven years...
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