Legendary hedge fund manager Seth Klarman had heart bypass surgery last week
Legendary value investor Seth Klarman, who runs Boston-based Baupost Group, had heart bypass surgery last week, Bloomberg News' Sabrina Willmer and Mary Childs report citing an investor letter."Last...
View ArticleHedge fund manager Whitney Tilson already has a problem with the Lumber...
Lumber Liquidators, America's largest specialty retailer of hardwood floors, will host an investor call on Thursday morning to address concerns about its Chinese-manufactured laminate flooring.Concerns...
View ArticleLIVE: Lumber Liquidators explains itself (LL)
America's largest speciality hardwood retailer Lumber Liquidators is hosting a call right now to address concerns about its Chinese manufactured laminate flooring.The company won't be taking any...
View ArticleLumber Liquidators will test your laminate flooring for free (LL)
Lumber Liquidators–the largest hardwood retailer in the US–is offering free testing of its flooring to customers following a "60 Minutes" report that raised doubt about the company's laminate...
View ArticleREPORT: The FBI is interviewing people and asking for documents about Bill...
The FBI and federal prosecutors are interviewing people related to hedge-fund manager Bill Ackman for potential Herbalife stock manipulation, reports The Wall Street Journal.They've asked for documents...
View ArticleNo, Bridgewater didn't just build a team of robotic traders — they've had...
In February, Bloomberg reported that Ray Dalio's Bridgewater Associates, the world's largest hedge fund with $160 billion in assets, was building a new artificial intelligence team under senior...
View ArticleHerbalife shares are ripping higher
Shares of nutritional supplements seller Herbalife were surging on Friday following a report that the FBI is probing whether Bill Ackman and his contractors manipulated the company's stock. The stock...
View ArticleConsulting firm hired by Bill Ackman says they spoke to the Manhattan US...
Global Strategy Group, the consultancy firm hired by hedge fund manager Bill Ackman, said they are not the target of any investigation into potential manipulation of Herbalife's stock. "It is our clear...
View ArticleLUMBER LIQUIDATORS FOUNDER: I was 'dying' to buy the stock when it crashed...
Tom Sullivan, the chairman and founder of hardwood retailer Lumber Liquidators, told CNBC's Scott Wapner that he was "dying" to buy the stock after it tumbled following a "60 Minutes" report. Sullivan...
View ArticleIt's odd that protesters are going after Paul Tudor Jones
Union and community protesters are marching today on the home of Paul Tudor Jones, the founder and head of the Greenwich, Connecticut–based hedge fund firm Tudor Investment Corporation with the hopes...
View ArticleThese letters may be at the center of an investigation related to Bill...
The $1 billion short of Herbalife by hedge fund manager William A. "Bill" Ackman is under renewed scrutiny.Last week, The Wall Street Journal reported that the FBI and the US Attorney's office in...
View ArticlePAUL TUDOR JONES: Income inequality will end in revolution, taxes, or war
Legendary hedge fund manager Paul Tudor Jones II gave a dire warning about the growing gap between the rich and the poor in the US during a sold out TED Talk in Canada this week. "Now here's a macro...
View ArticleDavid Einhorn says he hires only 'nice people' — here's what that means
Landing a job at David Einhorn's hedge fund, Greenlight Capital, would be a dream job for many people on Wall Street.Not only is Einhorn well respected for his investment acumen, but he is also a nice...
View ArticleThe best money manager in Pakistan still gets asked why she doesn't 'just...
The biggest challenge facing Pakistan's best asset manager has nothing to do with money.In a feature published Thursday, 39-year-old Maheen Rahman told Bloomberg that she still struggles with gender...
View ArticleThe SEC chair called out Bill Ackman during a speech to a room full of lawyers
SEC chair Mary Jo White called out activist investor Bill Ackman, the CEO of Pershing Square Capital, during a speech at Tulane's Corporate Law Institute in New Orleans this week.Without naming names,...
View ArticleSome of Wall Street's most brilliant hedge fund minds are judging the...
If you've ever wanted to run your ideas by one of the world's leading market investors, now's your chance.A panel of all-star judges — including Bill Ackman, David Einhorn, Joel Greenblatt, Seth...
View ArticleThe New York Times wrote a brutal takedown of Chelsea Clinton's husband's...
The New York Times threw shade at Bill and Hillary Clinton's son-in-law, Marc Mezvinsky.The article by Matt Goldstein and Steve Eder suggested that Mezvinsky, who is married to Chelsea Clinton, had...
View ArticleHerbalife shares are up 43% this month, and Bill Ackman is getting stomped
Shares of Herbalife are up more than 43% since the beginning of March.And it looks like hedge fund manager Bill Ackman, the CEO of $19 billion Pershing Square, is back in the red on his infamous $1...
View ArticleBillionaire fund manager tells the story of how he survived when his fishing...
Billionaire hedge fund manager Larry Robbins shared a gripping tale in his latest investor letter about how he and his son survived a disastrous fishing trip while on vacation in Anguilla this past...
View ArticleShowtime just picked up a TV drama about a hedge fund co-written by Andrew...
Showtime Networks has just picked up a new hedge fund drama called "Billions," according to a press release.The 12-episode series "is a complex and contemporary drama about power politics in the New...
View Article