Donald Trump, the American real estate billionaire and 2016 presidential hopeful, will present his view on tax system reform next month, but he's already revealed some of his plan's finer details.
You can't say Nassim Taleb didn't warn you: the outspoken academic-philosopher, best known for his prediction that six sigma "fat tail", or black swan, events happen much more frequently than they should statistically (perhaps a main...Show More Summary
A hedge fund advised by Nassim Nicholas Taleb, the man who popularized the "black swan theory," made a killing on Monday. The Wall Street Journal's Juliet Chung reports that Mark Spitznagel's Miami-based Universa Investments was up 20% on Monday. Show More Summary
Overstock has struck a deal to take the online retailer into a new arena: helping hedge funds short stocks. Overstock's t0 subsidiary acquired broker-dealer SpeedRoute Technologies on Wednesday August 26, adding crucial stock trading infrastructure to its list of offerings. OverStock founder and chief executive P atrick M. Show More Summary
Last night we heard the best 'excuse' yet if you are caught with an Ashley Madison account, from Dan Loeb - "due diligence." Today, not to be outdone by a married hedge fund manager, Vice-President Joe Biden's son "Hunter" has unleashed...Show More Summary
Dole C.E.O. Found Liable for $148 Million in Buyout | Carlyle’s Hazardous Hedge Funds
Carlyle’s core buyout business continues to exceed Wall Street’s expectations, but its track record on hedge funds has been mixed, raising questions on its ability to diversify.
Treasury chiefs love "Hamilton"; Oil gains; Hedge fund losses; UBS fine; Icahn's new stake; "Drunk Man, 32, Arrested After Telling Police His Name Was 'Kris Kringle'"; and more.
"Our legal system can be and all too often is stacked against those who have the least power, who are the most vulnerable," said Hillary Clinton, who has taken donations from the hedge funds preying on Baltimore residents. The post How Hedge Funds Are Exploiting Baltimore’s Poorest Residents appeared first on ThinkProgress.
BOSTON (Reuters) - Hedge fund mogul William Ackman's Pershing Square Holdings portfolio fell 13.1 percent this month, leaving the fund down 4.3 percent for the year, the firm said on Thursday. The performance numbers cover returns through Tuesday, Aug. Show More Summary
Billionaire hedge fund manager Dan Loeb had an account on cheating website Ashley Madison. Gawker reported the account Thursday, citing account data released by hackers. The Third Point CEO confirmed to Gawker via a spokesman that the account was his. Show More Summary
Despite a sharp sell off in stocks this August, hedge fund activist Bill Ackman's inclination is to simply do nothing. There's a good chance that's the right perspective to survive a summer swoon in markets.
Tech startups around the world are awash with cash right now, thanks to hedge funds, traditional investment firms, and billionaires piling in alongside VCs to back businesses. Europe is no different, with €3.47 billion (£2.5 billion, $3.92 billion) invested in tech startups here in the second quarter of the year, according to Tech EU. Show More Summary
Donald Trump told Bloomberg that his economic vision for America includes raising taxes on the wealthy. Said Trump: “I would change it. I would simplify it.” He would also tax hedge fund managers: “I would take carried interest out, and [...]
The recent rout in global stock markets has erased Pershing Square’s investment performance for the year to date.
Aug 26 (Reuters) – Investors in hedge funds are likely to be paying for a product more like an index fund than a skill-driven market beater. So finds a new study by Mikhail Tupitsyn and Paul Lajbcygier of Monash University in Australia, who looked at the evidence of 5,580 hedge funds, about half active and […]