"Open sourcing things is really one way of raising a virtual flag above the office."
One month ago we reported that having successfully avoided a calamity for most of 2016 despite being massively net short, somewhere to the tune of around -90%, at times rising as high as -105%, Horseman Global, finally had a bad month,...Show More Summary
Billionaire Carl Icahn is coming off another poor investment year as a nearly $6 billion hedge fund that he oversees suffered a loss of 20.3% in 2016 after a decline of 18% in 2015, according to a disclosure in a regulatory filing in...Show More Summary
Anthony Scaramucci, a hedge fund founder who was a fundraiser in Donald Trump’s election campaign, will join the president-elect’s White House staff as an advisor and public liaison to government agencies and businesses, he said on Friday. Scaramucci, founder of Skybridge Capital hedge...
George Soros literally bet against Donald Trump after the election and lost. The Wall Street Journal reveals the hedge fund manager and Hillary Clinton supporter misread what the stock market was going to do after the election and said goodbye to almost $1 billion. Soros, who'd already been leery of...
It's different this time -- or is it? The US Federal Reserve, the Bank of England and the European Central Bank have become gargantuan, out-of-control, rogue hedge funds. Global central banks have magicked up hundreds of trillions of dollars in debt and guarantees. Show More Summary
The hedge funds and insurance companies that want financially strapped Puerto Rico to pay them back in full may have found a new ally: Donald Trump’s former campaign manager, Corey Lewandowski. The newly elected governor of Puerto Rico is in discussions to hire Lewandowski’s lobbying firm, at a...
Steve Mnuchin, the former hedge fund investor now in line to be confirmed as Donald Trump’s Secretary of the Treasury, will divest his interests in a slew of businesses to avoid conflict of interest — including many entertainment and...Show More Summary
Anthony Scaramucci is headed to the White House. The founder of the hedge fund SkyBridge Capital has been named an assistant to President-elect Donald Trump, according to Bloomberg's Simone Foxman and Kevin Cirilli, who cited people familiar with the appointment. Show More Summary
File this under: Couldn’t happen to a nicer guy. According to the Wall Street Journal, the Billionaire Hedge Fund Manager, George Soros lost about One Billion Dollars in the weeks following Donald Trump’s election victory. That’s Billion with a “B”. Show More Summary
While Carl Icahn infamously made a killing following the "surprise" Trump election, another prominent hedge fund manager was not nearly as lucky. According to the WSJ, "George Soros lost nearly $1 billion as a result of the stock-market...Show More Summary
The stock market rally that followed Donald Trump’s surprise victory in the 2016 presidential election has not been kind to George Soros. The billionaire hedge fund manager lost $1 billion, having bet, incorrectly so, that stock prices would decline in the wake of the Nov. 8 election, according to the WSJ
One of the world's 30 richest men lost big after Donald Trump's shock election win. According to the Wall Street Journal, famed hedge fund investor George Soros reportedly lost around $1 billion dollars after his election win caused the stock market to rally. Show More Summary
Hedge fund legend George Soros lost a lot of money after the election of Donald Trump, according to a new report from The Wall Street Journal. The Journal's Gregory Zuckerman and Juliet Chung cited people familiar with Soros' trading...Show More Summary
Having yesterday revealed what he believes is the single biggest risk to the buyside in general, and hedge funds in particular, in today's market (the answer, for those who missed it, is the strong dollar suddenly turning weak, as it...Show More Summary
We have frequently written about the underwhelming performance of hedge funds over the last several years and continue to be perplexed by the seemingly misinformed decisions of the largest pensions and endowments to pay ridiculous fees...Show More Summary
The iShares MSCI Mexico Capped ETF (EWW) gets trumped. — ETFTrends Gold rises to a seven week high after Trump press conference. — WSJ Bank ETFs favored as investors see a “trump bump” ahead. — MarketWatch Long-short hedge funds focus on longs. — Bloomberg The iShares Nasdaq Biotechnology ETF (IBB) and other ETFs linked to […]
If he is confirmed as U.S. Treasury secretary, Los Angeles banker and film financier Steven Mnuchin will sell his stakes in numerous hedge funds, investment vehicles and companies, including AT&T, Microsoft and Goldman Sachs, the firm where he started his career. In a financial disclosure report...