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Some Upper East Side stay-at-home moms get 'wife bonuses' determined by their...
This is perhaps the most ridiculous, yet fascinating, thing we've seen in a long time.Anthropologist and social researcher Wednesday Martin has a piece in the New York Times SundayReview section about...
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HEDGE FUND TITAN: Do something more creative than intern at Goldman Sachs
Hedge fund titan Michael Novogratz, the president of Fortress Investment Group, wants young people he hires to do more than just intern at Goldman Sachs or a top consulting firm."We interview a lot of...
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Bill Ackman has 2 undisclosed positions, and one of them is massive
Hedge fund titan Bill Ackman, the CEO of the $20 billion fund Pershing Square Capital, says his firm has two new investments that it has yet to disclose.During a conference call with Pershing Square...
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Billionaire hedge-fund manager says Uber told him it might cut driver pay...
Some of Wall Street's hedge-fund community is becoming increasingly vocal about a serious problem with corporate America.Mike Novogratz, president of $70 billion investment fund Fortress Investments,...
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A top hedge fund just backed Plus500 despite its account freeze
One of the world's most famous hedge funds has backed spreadbetting firm Plus500, despite the company's share price collapsing 45% in the last two days.Filings show that $13.2 billion (£8.54 billion)...
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Here's the top stock pick from each of 50 biggest hedge funds (SPY, DJI,...
The 50 largest hedge funds increased their exposure to stocks by 5.3% in the first quarter, according to FactSet.That's a jump from 1% in the fourth quarter, according to the firm's latest data on...
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All of the sudden, Steve Cohen's super-secretive hedge fund is doing a bunch...
Notoriously press-shy fund manager Steve Cohen appears to be trying to rebrand his super-secretive hedge fund after a couple of difficult years.In a surprising move, Cohen's Point72 Asset Management...
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LUMBER LIQUIDATORS CEO 'UNEXPECTEDLY' QUITS, STOCK CRASHING (LL)
Lumber Liquidators CEO Robert Lynch has "unexpectedly" quit, the Toano, Virginia-based company said Thursday in a press release.The stock is collapsing. Shares were last trading down more than 14%.The...
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WHITNEY TILSON: If Lumber Liquidators didn't have a formaldehyde problem, the...
Hedge fund manager Whitney Tilson, the founder of Kase Capital, is short Lumber Liquidators and has been vocal about alleged safety issues regarding the company's products.He was also featured in the...
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Kyle Bass reveals his best trade idea for 2015 and comes clean about a trade...
One of the big trades of 2015 has been to short the euro against the dollar as the European Central Bank (ECB) becomes more aggressive with easy monetary policy and the US Federal Reserve is expected...
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A hedge fund manager grades his biggest calls from 2014 and shares his 10 big...
North Carolina-based hedge fund manager Mark Yusko, the founder of Morgan Creek Capital Management, has put together a scorecard on some of his hits/misses from 2014.Last year, he gave 30 macro calls...
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Watch 24-year-old chess champ Magnus Carlsen destroy 3 players simultaneously...
Twenty-four-year-old chess grandmaster Magnus Carlsen destroyed three opponents simultaneously while playing blindfolded in a timed match early this month at the Sohn Conference in New York...
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The hedge fund manager suing Argentina just had his 'That's it!' moment
Paul Singer has had it.The billionaire investor leading a group of hedge fund managers suing Argentina over a decade-old debt has finally filed to add the claims of over 500 more creditors on top of...
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Dan Loeb turned $3 million into a $17.5 billion hedge fund empire in 20 years...
Hedge fund manager Daniel Seth Loeb founded Third Point LLC on June 1, 1995 with $3.4 million in capital. The then-33-year-old had money from only five investors—all friends and family—and his own...
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How a hedge funder made millions from the 1983 Beirut car bombing that killed...
Investor Roni Dersovitz used a little-known hedge fund strategy to make millions from his bet on a legal verdict related to the 1983 Beirut car bombing that killed 241 Americans.Unfortunately, the...
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COOPERMAN: Hillary Clinton 'crapping' on hedge funds makes me 'nauseous'
Billionaire hedge fund manager Leon Cooperman is tired of Hillary Clinton "crapping all over hedge funds." Aside from the fact that he tends to support Republican candidates, that's one main reason why...
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Lumber Liquidators' chief compliance officer has left the company
Hedge fund manager Whitney Tilson discovered that Lumber Liquidators Chief Compliance Officer, Ray Cotton, has left the company.Business Insider was able to confirm that Cotton is no longer with the...
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Now we know what one of Bill Ackman's 2 new investments is
It looks as if we now know what the smaller of Bill Ackman's two new investments is.Forbes reports that Pershing Square Capital, Ackman's $20 billion hedge fund, disclosed a stake in Nomad Holdings, a...
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People are arguing over whether the Plus500 takeover bid is way too low — or...
Israeli gambling software maker Playtech made an audacious £459.6 million ($702.05 million) bid for crisis-hit trading company Plus500 on Monday— but investors and analysts can't decide if the price is...
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Plus500's biggest shareholder just slammed Playtech's takeover bid as...
The biggest shareholder of troubled City trading firm Plus500 has just slammed the takeover bid that came in on Monday as "opportunistic."Hedge fund giant Odey Asset Management said in a statement that...
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