Bubbles, chasms and 'dreaming the dream' ― a top tech investor reveals its...
Coatue Management, the $10 billion long/short equity hedge fund led by "Tiger Cub" Philippe Laffont, is one of the most prolific investors in technology companies.Speaking at the MIT Sloan Investment...
View ArticleThe biggest hedge fund in the world just announced a big shake-up
Bridgewater Associates, the $169 billion hedge fund behemoth led by Ray Dalio, just announced a big shake-up in its executive ranks.The Westport, Connecticut-based hedge fund has hired former Apple...
View ArticleHere's why the world's most successful hedge fund just hired a tech titan as...
Bridgewater Associates, the world's largest hedge fund with $169 billion in assets, just hired a former Apple executive to join as co-CEO, and it says a lot about the future of the firm.In a note to...
View ArticleBill Ackman’s plan to fix Valeant is doomed
Valeant Pharmaceuticals is frozen.Until the company replaces the two years worth of earnings numbers that it scrapped due to admitted accounting issues on Monday, its value could be considered a matter...
View ArticleThe shareholder who made the 99-page presentation on firing Marissa Mayer...
One of Yahoo's most vocal investors has weighed in on Starboard Value's plan to replace Yahoo's entire board."We are happy to have choices in selecting Yahoo's board at this year's meeting, following...
View ArticleThis startup is the new secret weapon investors are using to outsmart each other
After news broke that Chipotle had a norovirus outbreak, financial experts expected sales to drop as stores closed in the aftermath. Yet no one knew how bad the financial damages would be until four...
View ArticleNew Jersey has to rethink its budget because one guy moved
If you move away from your home state, some friends might throw you a party. Maybe you'll get a happy-hour discount at your local bar.If you're really a big deal, you might get to throw out the first...
View ArticleThe Killers are going to give a private concert at the hedge fund conference...
Every May, more than 1,200 hedge funders head to Las Vegas for the Skybridge Alternatives Conference (SALT) hosted by Anthony Scaramucci. The conference features panels top investors as well keynotes...
View ArticleNew Jersey has to rethink its budget because one guy moved
If you move away from your home state, some friends might throw you a party. Maybe you'll get a happy-hour discount at your local bar.If you're really a big deal, you might get to throw out the first...
View ArticleBILL ACKMAN: 'Of course' I regret Valeant
Activist investor Bill Ackman says "of course" he regrets investing in Valeant, the former stock market darling that has been hit with SEC investigations, Senate investigations, and a precipitous...
View ArticleJIM CHANOS: We're short Valeant and Tesla (VRX)
Legendary short-seller Jim Chanos is not convinced that Valeant will turn itself around.He is also short Tesla and SolarCity, he said Wednesday."We're still short Valeant," Chanos said in an interview...
View ArticleWe just got insight into what Bill Ackman wants Valeant to do next
Activist hedge fund manager Bill Ackman has some thoughts on what Valeant should do next.He recently urged the former CEO of Valeant to go public with plans to IPO part of its subsidiary, Bausch &...
View ArticleA hedge fund manager you've never heard of made $300 million last year
Institutional Investor just released its annual hedge fund manager rich list, and there's a noteworthy new addition.Joseph Edelman, whose Perceptive Life Sciences Fund was a top performer last year,...
View ArticleCarl Icahn doesn't know what to think about Valeant
Carl Icahn doesn't know what to think about what is arguably the most controversial stock on Wall Street, Valeant Pharmaceuticals, but he knows he wouldn't buy it.Here's what he said in an interview...
View ArticleHedge funds are asking for a tool to stop another LendingClub disaster — this...
A US company building a verification tool for peer-to-peer loans to make sure the people behind them are genuine has seen a spike in demand from banks and hedge funds to use the product, which has yet...
View ArticleThis new startup wants to bring one of the hottest types of investing to...
There are a lot of robo-advisers out there vying for attention from millennial investors.The latest to enter the fray, Longwave Advisor, claims to do things a little differently.The firm, which...
View ArticleA Microsoft exec is making a surprise move to Wall Street, and it highlights...
Global securities firm Citadel has hired a new key executive — from Microsoft.B. Kevin Turner, who was chief operating officer of Microsoft for 11 years, has joined Citadel as CEO of Citadel...
View ArticleHedge funder is fired after massive Hamptons party that got him banned from...
A hedge funder has lost his job after allegedly throwing a huge Fourth of July party in the Hamptons. Brett Barna, a portfolio manager previously working for Moore Capital Management, was fired after...
View ArticleShort-sellers are up $500 million on Netflix's stock price drop
Netflix flopped on its earnings expectations and investors betting against the stock are making a boatload."With the stock down 15% in aftermarket trading, short sellers have made almost half a billion...
View ArticleThe cofounder of a $1.4 billion tech fund is going it alone
Seth Wunder, the cofounder of $1.4 billion Contour Asset Management, has left the firm and is in the early stages of planning a new hedge fund.Wunder left Contour in June, and cofounder David Meyer has...
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