Could the hedge fund landscape be in the process of changing? Hedge funds have often been criticized in the past for their exuberant fees and performance charges, all the while, a majority are under-performing their benchmarks. Even Republican presidential candidate Donald Trump took to the airwaves to criticize hedge funds’ “carried interest”, favorable taxation that allows hedge fund managers to tax profits as capital gains rather than income taxes, which carry a higher tax rate than capital gains. According to a
Pershing Square hedge fund manager William Ackman and Valeant Pharmaceuticals CEO Mike Pearson are a match made in heaven.
$1 billion in paper profits after announcement made
Ackman must have pretty... read more
Alex here with this week’s Macro Musings.
As always, if you come across something cool during the week, shoot me an email at [email protected] and I’ll share it with the... read more
A popular rule that would standardize the fiduciary responsibility for equity brokerage executives to operate in the investors best interests is labeled by the financial lobby as a top... read more
Pershing Square Capital Management annual presentation for the year ended December 31, 2018.
Q4 hedge fund letters, conference, scoops etc
Chairperson’s Introduction
Board of Directors of PSH
All directors are independent of Manager... read more
In the wake of another disappointing quarterly earnings announcement from Apple Inc. (NASDAQ:AAPL), struggling smart phone developers HTC have announced a 70% drop in profits in the three months... read more
Canyon Capital Advisors, managed by Mitchell Julis and Joshua Friedman, has increased its cash holdings yet again as it sees the rest of the market growing ever more complacent... read more
BoA: The Case For Real Assets Has Never Been Stronger
It is widely believed that equities are one of the best investments around. Over the past few hundred years, equities... read more
Netflix, Inc. (NASDAQ:NFLX), the film-streaming service, was sued by a shareholder under the allegation that the company misrepresented its subscriber's growth.
Bloomberg reported that Netflix's Facebook page highlighted a “monthly viewing... read more
We recently started a series called – Superinvestors: Books That Every Investor Should Read. So far we’ve provided the book recommendations from:
Q3 hedge fund letters, conference, scoops etc
Charles... read more
Canyon Partners' Canyon Balanced Funds returned -0.91% in October, net of fees and expenses, bringing the year-to-date return to -13.01%. However, according to a copy of the firm's investor... read more
