June 27, 2017

Hedge Funds with the Wrong Kind of Indians

Much like Columbus, some hedge funds greeted the wrong kind of Indians.

Hedge Funds with the Wrong Kind of Indians are addressed in Anita Raghavan’s new book, “The Billionaire’s Apprentice,” an account of the insider trading scandal surrounding Galleon Group. The Wall Street Journal‘s Stewart Pinkerton gives a good summary so you don’t have to read the whole thing. I give you a summary of the summary […]

Is Tory Burch Going Public?

After reports of new investment firms' stakes in Tory Burch, it's likely the company will go public soon.

Hedge funds may want to get in now. Two investment firms disclosed ownership following a lawsuit settlement. With the success of the Michael Kors IPO, investors are hungry for a fast-growing retail company. Is Tory Burch going public? Clare O’Connor of Forbes describes what we know so far. You heard it here first: 2013 will […]

Do Paulson and Soros Have the Golden Touch?

George Soros, at the 2011 Munich Security Conference, has increased his funds' exposure to gold.

Maybe I should buy gold. After all, the dollar’s value is decreasing. Well, I’m not alone in my interest in gold investing. Two esteemed hedge fund managers have signed on big-time. George Soros and John Paulson are both putting their funds’ capital to work through buying exposure to gold’s rise. Do Paulson and Soros have […]

What’s on Warren Buffett’s Reading List?

Warren Buffett has some reading homework for his fellow investors.

One might not think of Warren Buffett as the stereotypical hedge fund manager. But I’m going to start including him in my posts. Here’s why: Warren Buffet started investing his portfolio well before hedge funds became a household term. Warren Buffett amassed approximately a 24% annual return since 1964, probably beating out every hedge fund […]

Hedge Fund Manager Who Won eBay Lunches is Warren Buffett’s Latest Pick

The hedge fund manager who won eBay lunches is Warren Buffett’s latest pick to manage part of his huge portfolio. Ted Weschler of Peninsula Capital Advisors was hired to manage a fraction of Berkshire Hathaway’s $66 billion stock portfolio. Weschler had been the anonymous winner of an annual eBay auction that Buffett holds for Glide, […]