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David Einhorn closed his investor letter with an interesting quote about Tesla
Greenlight Capital founder David Einhorn placed an interesting quote about Tesla at the end of this second-quarter investor letter.He said:"'We believe that Tesla's most valuable asset may be the trust...
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$9 BILLION HEDGE FUND: There's one big problem with Netflix
Netflix has a problem: It's you.That's according to Crispin Odey, one of London's biggest hedge fund managers.Voracious consumers are watching Netflix's content more quickly than the online streaming...
View Article'You'll have to explain what a mistake means': Trump on whether the Khan feud...
Hedge fund manager Carl Icahn called Donald Trump's feud with Gold Star parents Khizr and Ghazala Khan as a "mistake." In an interview with CNBC, Trump stops short of agreeing with that...
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2 iconic Tiger funds have ditched Netflix
Julian Robertson and Chase Coleman have both dumped Netflix. Tiger Management, the hedge fund run by legendary investor Robertson, and Tiger Global, run by Coleman, his protégé, sold the stock in the...
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The activist hedge fund that shook up Yahoo is crushing it
The activist hedge fund that shook up Yahoo is crushing it as many of its peers struggle.New York-based Starboard Value's flagship fund is up 8.25% through July this year, according to a performance...
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PRESENTING: The 9 stocks that matter most to hedge funds
Presenting: the hedge fund darlings of 2016.Goldman Sachs recently published its latest Very Important Position list of stocks that appear the most among the funds' largest 10 holdings.One disclaimer:...
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How Netflix helped create a pair of hedge fund stars (NFLX)
A decade ago, Netflix held a contest to see who could come up with the best algorithm to improve its recommendation system.The prize was $1 million, and it became an obsession of many data gurus — one...
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Struggling hedge funds could be a 'canary in the coalmine' for the global...
Hedge funds' dismal performance might be a warning sign to the greater economy.Several hedge funds have blamed their poor performance on central bankers, whose low interest rates, in the funds' view,...
View ArticleRAOUL PAL ON US ELECTION: 'Volatility is way too low'
Americans have a big decision to make in next month's presidential election, but markets don't seem to know how to account for it, according to Raoul Pal, a former hedge fund manager."Volatility is way...
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The hedge fund pain isn't stopping as investors yank more assets
More investors are redeeming from hedge funds, according to an eVestment report released on Wednesday.Investors pulled about $10.3 billion from hedge funds last month, bringing the net total amount...
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David Tepper tells us the most dangerous place to put your money
David Tepper, founder of Appaloosa Management, needs little introduction. After leaving Goldman Sachs to start his $19 billion hedge fund in 1993, he's had one of the best track records on Wall Street....
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A former hedge fund quant is exposing the dark side of our growing dependence...
Whether we know it or not, complex algorithms make decisions that affect nearly every aspect of our lives, determining whether we can borrow money or get hired, how much we pay for goods online, our TV...
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How a hedge fund legend took time out, busked on the New York subway, and...
Peter Muller is one of Wall Street's revered quant traders – but a work imbalance early in his career nearly derailed him.Muller joined Morgan Stanley as a trader in 1992 and launched PDT, or Process...
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A hedge funder wrote a song about what it's like to be a divorced billionaire...
Hedge funders — they're just like us. Sort of.Pete Muller, who runs the $5 billion quant hedge fund firm PDT Partners, performed with his band on Thursday evening for a New York charity event.There...
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Bill Ackman is shaking up his hedge fund's fee structure after another year...
Billionaire investor Bill Ackman's Pershing Square Capital Management is offering its hedge fund clients new fee arrangements following a second straight year of losses, according to a letter to...
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A hot new hedge fund backed by Stan Druckenmiller is closing in on a big launch
A hot new hedge fund backed by investing legend Stan Druckenmiller is set to launch Tuesday, November 1 with several hundred million dollars under management.David Rogers and Joshua Donfeld, who left...
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DAVID EINHORN: 'Central bankers behave as if we're still in crisis'
The Federal Reserve is looking for trouble, according to David Einhorn's Greenlight Capital.In an investor letter sent Friday, Greenlight said that "we have central bankers who are determined to see...
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EINHORN SLAMS TESLA: 'Years of over-promising and under-delivering from a...
David Einhorn's Greenlight Capital just threw shade on Elon Musk's Tesla.Greenlight opened its third-quarter investor letter sent Friday October 28 with this quote from Dave Pell, editor of...
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Brevan Howard — one of the hedge fund industry's biggest names — is shrinking...
Investors in Brevan Howard, one of the hedge fund industry's biggest names, are asking for their money back.Brevan Howard Asset Management has received redemption requests for an additional $2 billion...
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A hedge fund manager's song perfectly captures why Wall Street grosses some...
Every now and then we have to gather 'round and talk about why something someone on Wall Street did, or said, represents what makes people distrust Wall Streeters in general.We've come to one of those...
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