If you answered "at least 10", you are correct. As the following photo, courtesy of @FCFYield shows, Greg Jensen, 42, Co-CEO/CIO of the world's largest hedge fund Bridgewater (until recently Ray Dalio's heir apparent, until he featured...Show More Summary
Hired straight out of Harvard to work at Bain Capital, Dan Rasmussen figured out how the industry makes money and built a hedge fund around it.
As noted earlier this week, the market hit a new high (or is that low) in complacency earlier this week when we reported that August has seen the least volatility since 1995. Goldman's David Kostin picks up on this theme in his latest...Show More Summary
Overnight, one of our favorite hedge fund commentators, (ex) IceFarm Capital's Michael Green, was gruesomely entertained by Ken Rogoff's WSJ Op-Ed, pushing for a ban on $20, $50 and $100 bills, to which he - just like us - has some less...Show More Summary
Jim Rogers is nothing if not a contrarian, and one of his boldest moves is trying to bet on North Korea. The famous investor, who cofounded legendary hedge fund Quantum with George Soros, spoke to Real Vision TV, and said North Korea...Show More Summary
A long-running feud over Herbalife Ltd. between billionaire hedge fund managers Carl Icahn and Bill Ackman heated up Friday, with Ackman saying that Icahn was looking to sell his stake in the Los Angeles maker of nutritional supplements and Icahn saying that's not the case. Icahn said Friday afternoon...
Bridgewater Associates, with $150 billion in assets under management, is not only the world's biggest hedge fund. It's also a highly ambitious, 1,700-person management experiment. And to get a job there, you have to undergo an intensive...Show More Summary
Investors jittery after report that hedge fund baron Carl Icahn wants to sell his stake in the nutritional supplements
The news keeps getting worse for hedge funds. Investors yanked an estimated $20 billion from hedge funds during the second quarter, bringing outflows to $34 billion for the first half of 2016, according Preqin, a data-keeping firm. As a result, assets under management fell to $3.1 trillion as of June 30, from $3.2 trillion at […]
While previously we showed Goldman's kneejerk response to the Yellen speech, according to which the central bank-spawning hedge fund saw Yellen's speech so hawkish it raised Goldman's odds for a September rate hike from 30% to 40%, it...Show More Summary