By Lou Basenese: We all know that nothing – and I mean nothing – jolts a stock higher than an unsolicited takeover offer. Prices jump 26% … 45% … even 67%, in a single day. Just ask shareholders of Motorola Mobility. When Google (GOOG) announced it was acquiring the company in August 2011, shares rocketed 58% higher. The tricky part, of course, is successfully identifying takeover targets before a deal is announced.
Halcyon Asset Management’s distressed credit fund is out-earning funds with similar investment strategies, such as John Paulson’s Credit Opportunity Fund, by twice as much. According to investors in the fund, 55-year-old Joe Wolnick... Read Post
After years of crippling losses, the one-time hedge fund superstar - now just a mere mortal fund manager John Paulson, is offering his (very patient) investors some decent returns. In 2013 there are many high performing hedge funds ... Read Post
John Paulson's Advantage funds have lost 10-11% in August, according to CNBC. Paulson's flagship hedge fund might see some serious redemptions now, as this means the fund is down 32-33% this year. CNBC saw data early this morning th... Read Post