Seth Klarman Goes Nuts On The Fed In His Latest Investor Letter
Seth Klarman, the legendary head of Boston based hedge fund Baupost Group, sent out his letter to investors this week. He reports that his fund is up for the month, quarter, and year, but is sending...
View ArticleDespite Sweet Deal, 92nd Street Y Pulled Money Out Of John Paulson's Fund
In the midst of the financial crisis, the 92nd Street Y came up with a sweetheart deal for its endowment: investments in funds run by the likes of John Paulson, Marc Lasry, and other hedge-fund...
View ArticleThis Is What Julian Robertson Wants From Mitt Romney
Legendary hedge fund manager Julian Robertson, the founder of the hugely successful Tiger Management, spoke this morning on Bloomberg "Surveillance" with Tom Keene and Sara Eisen about hedge funds and...
View ArticleCheck Out Billionaire Hedge Funder Marc Lasry's 'Super Freaky' Halloween...
In keeping with tradition, billionaire hedge fund manager Marc Lasry, who runs Avenue Capital, has once again made his Upper East Side mansion spectacularly spooky for Halloween. Lasry, who is married...
View ArticleBill Ackman And Pershing Square Helped Build And Pay For This New Playground...
Hedge fund titan Bill Ackman's Pershing Square Capital Management and the Pershing Square Foundation helped do something truly remarkable this past Saturday. Employees from the hedge fund and the...
View ArticlePippa Middleton Spotted Eating Dinner With A Hedge Fund CEO
Besides Hurricane Sandy churning up the eastern seaboard, everyone on Wall Street (at least on the other side of the Atlantic) is talking about James Spencer Matthews. The reason is Matthews, the CEO...
View ArticleDavid Einhorn Is Shorting Iron Ore
Hedge fund hot-shot David Einhorn, the founder of Greenlight Capital, spoke at the Great Investor's Best Ideas investment symposium in Dallas on Tuesday. According to the Twitter feed of portfolio...
View ArticleHedge Funder Whitney Tilson Sent Out A Bunch Of Baby Pictures Of Himself
Hedge fund manager Whitney Tilson, who runs T2 Partners, sent out these baby photos on one of his email lists last night. That's because today is Tilson's 46th birthday. In the email, he writes that...
View ArticleWall Street Compensation Projections Are In, And It's Clear Where You Want To...
It's been a difficult road for Wall Streeters since the financial crisis, as the industry conformed to new regulations and the end of trusted revenue streams.But it looks like things are finally...
View ArticleWhitney Tilson Is So Certain Obama Will Win, He's Proposed A $25,000 Wager...
Hedge fund manager Whitney Tilson, who runs T2 Partners and is a big Obama supporter, told his email list recipients that he's willing to bet up to $25,000 that Obama will win the presidential...
View ArticleDavid Einhorn's Shorting The U.K.'s Second Biggest Selling Newspaper
Famous (or infamous, depending on where you stand) short-seller David Einhorn revealed in UK Financial Services Authority filings that he is shorting Daily Mail and General Trust Plc, the company that...
View ArticleDan Loeb Is Handling Obama's Victory Surprisingly Well
Hedge fund manager Dan Loeb supported Barack Obama in 2008, and then, a year or so later, he definitely, passionately didn't.You may remember that he dedicated a portion of one of his notes last year...
View ArticlePaulson's Flagship Fund Is Down 17% So Far This Year
John Paulson, who had a disastrous 2011 with with some of his funds falling 30 to 50%, is still having a rough go of it for some of his funds.Paulson & Co. flagship fund, the Advantage Plus fund,...
View ArticleHedge Fund Manager Cliff Asness: 'I'm Pretty Sure Obama Will Win'
Hedge fund manager Cliff Asness, a well-known Romney supporter who runs AQR Capital Management, clearly has a great sense of humor.The email exchange below speaks for itself.Note the dates: Our first...
View ArticleWhy You Haven't Heard From Leon Cooperman Following Obama's Re-Election
You might be wondering why billionaire hedge fund manager Leon Cooperman, who runs Omega Advisors, has been mum following Obama's re-election. It turns out, Cooperman, who has been a very vocal critic...
View ArticleGuns Were Drawn On The Argentine Naval Ship Being Held By A Hedge Fund
Last Wednesday, sailors aboard the Argentine naval ship held in Ghana by hedge fund manager Paul Singer drew their guns, the WSJ reports.The ship, The ARA Libertad, has been docked there since last...
View ArticleSome Hedge Funds Really Hate Paul Singer's Fight With Argentina
If you think that hedge funds around the world stand in solidarity with Elliot ManagementPaul Singer in his challenge to the Argentine government, think again.According to the New York Post, there are...
View ArticleArgentina's President Is Making Great Political Theater Out Of Paul Singer...
Cristina Fernandez de Kirchner is turning her feud with hedge fund manager Paul Singer into a political rallying cry in Argentina.The President has refused to pay Singer's firm Elliott Management the...
View ArticleARGENTINA TO GHANA: Forget Paul Singer And Give Us Our Boat Today, Or Else
Yesterday, Argentine Foreign Minister Hector Timerman sent Ghana a warning — release the ARA Libertad tomorrow or we're going to Court, reports Merco Press.The ARA Libertad is an Argentine naval vessel...
View ArticleA Complete Guide To Bill Ackman's Total Trainwreck Of An Interview On CNBC
Bill Ackman, the CEO of Pershing Square Capital Management, was on CNBC's "Squawk Box" this morning to talk about his bullish case for JCPenney following a piece by Andrew Ross Sorkin in the NYTimes...
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