December 16, 2017

Malaysia Airlines: You’ll Find More Success Flying a Magic Carpet Singing, “Icahn Show You the World…”

Malaysian Airlines in the early years

The Malaysian airline disappearance is dominating the headlines. Where is that plane, anyway? Well, perhaps the airline company and others can take a cue from the growing trend of successful activist investors’ results. Carl Icahn is the most notorious of the bunch and has the track record to back up his requests. If he had […]

Apple Juices Up the Gains of the Biggest Hedge Funds

Apple's inclusion in the biggest hedge funds's basket of stocks has juiced up their returns.

The stock market is on a tear since the beginning of the year. Apple has dominated the headlines by trouncing Wall Street estimates. Its stock has risen 34% in 2012 increasing its market capitalization to over $500 billion. Fortunately for hedge fund managers, Apple makes up some of their biggest stock holdings. Stephen Taub of […]

Greenlight Capital’s David Einhorn Plays Europe’s Game

David Einhorn, an avid poker player, plays Europe's game in changing his sovereign debt strategy

David Einhorn, the manager of the hedge fund Greenlight Capital, and an avid poker player, has wagered a safer bet on sovereign debt. European governments have rewritten the rules so that even if countries like Greece or Italy default on their debt, they won’t really default. That means that credit default swaps, which make money […]