Why would a U.S. State give away almost a $100 million in incentives to Ray Dalio’s Bridgewater Associates, one of the world’s most successful hedge funds that managed 78 billion in assets? Moreover, those ‘incentives’ include a "forgivable" 10-year loan at 1 percent to Bridgewater Associates to help finance its two new buildings.
Despite lukewarm expectations of a further rally in oil prices in the near term, hedge funds seem quite bullish on the sector. We mentioned record long bets from speculators... Read More
Bullish on oil, Andurand Commodity Fund Manager Pierre Andurand looks around the world for justification of his long exposure. Since the start of 2017, patience has been emphasized by the... Read More
ValueWalk's Raul Pangabiban inteviews Keith Smith, the Portfolio Manager at Bonhoeffer Capital Management. In this part, Keith discusses how he manages risk, driving returns from a combination of portfolio... Read More
The popularity of the movie “Wolf of Wall Street,” which highlights a fraudulent “penny” stock sales operation, might have rubbed someone at the Securities and Exchange Commission (SEC) the... Read More
With nearly 2/3 of companies in the U.S. impacted by fraud, it is important that a fraud whistle-blower program is enacted, a Harvard Law School blog post argues. The point... Read More
A hedge fund manager telling investors about continual losses is never easy. For Crispin Odey , down another -5.73% as of the close of November and off more than... Read More
Sequoia Fund Inc. also known as Ruane, Cunniff & Goldfarb, got a recommendation from Warren Buffett when it opened decades ago. The value mutual fund has crushed the S&P500... Read More
Morgan Stanley (NYSE:MS) and Bank of American Corp (NYSE:BAC) are looking to boost their margins by reducing recruitment and retention bonuses that became commonplace in the aftermath of the... Read More
The second quarter results season to date is very disappointing for Asia ex-Japan, and going forward revenues look likely to remain quite soft, notes UBS. Niall MacLeod and team at... Read More
Stimulus is an uncertain experiment in market manipulation that, like some cult religion, has otherwise intelligent people believing "mass delusions" After Paul Singer's Elliott Management delivered 8.2 percent returns in Elliott... Read More
