Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have... Read More
The hardest decision every investor will have to make at some point is when to sell a stock. According to Warren Buffett, the best answer to this question is... Read More
2022 was a mixed year for the hedge fund industry. At one side of the spectrum, macro, commodity, and large multi-strategy hedge funds reported some of their largest profits... Read More
On the 3rd of January, Mala Gaonkar’s SurgoCap Partners began trading with $1.8 billion in assets under management, making it the largest woman-led hedge fund in the history of... Read More
For decades, Warren Buffett said he didn't need to look overseas to find investment opportunities as he had enough on his doorstep in the United States. Plus, it was... Read More
The LF Brook Absolute Return Fund returned 21.6% in the fourth quarter of 2022 and net 10.7% for the year as a whole, according to a copy of the... Read More
One of the most challenging emotional problems for investors to overcome is the desire to always be fully invested. Even the best investors have the itch to keep doing... Read More
Dov Gertzulin's DG Capital struggled last year. The firm's flagship strategy, DG Value Partners, returned -2.6% net in the month of December and -23.4% net in 2022 overall, according... Read More
Crispin Odey is one of London's best-known hedge fund managers and one of the most vocal macro fund managers in the sector. He shot to fame in the financial crisis... Read More
Ray Dalio's Bridgewater is the world's largest hedge fund, and it was the world's most profitable hedge fund. But that could be about to change as the figures roll... Read More
Warren Buffett is known as a long-term investor. Indeed, the billionaire investor once said, “Our favorite holding period is forever.” While it is true that the largest and most profitable... Read More
Commodity hedge funds had a bumper 2022. Prices for oil, natural gas, gains and metals all jumped higher in the first part of last year when Russia invaded Ukraine... Read More
Up until the beginning of March 2020, 2008 and 2009 were some of the most volatile and uncertain years on record for the financial industry. Q4 2019 hedge fund letters,... Read More
Since inception in June 2000, Mohnish Pabrai's flagship hedge fund has more than doubled the annualized return of the S&P 500 after including fees to investors. Q3 2022 hedge fund... Read More
Citadel, the hedge fund founded by billionaire Ken Griffin, is looking to return a large chunk of profits to investors after what has been one of its best years... Read More
In the book Damn Right: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger, the unofficial biography of Warren Buffett’s right-hand man and the billionaire Charlie Munger, there is... Read More
As I covered in the second part of this series, 1948 was a landmark year for Benjamin Graham and his partner, Jerome Newman. The duo, which founded the Graham-Newman... Read More
Over the past decade, the private equity industry has been on a tear, powered by cheap debt, and supported by investors chasing growth at any cost, the number of... Read More
Benjamin Graham was more than just a teacher and author. He was also one of the greatest investors of the 20th century. Q3 2022 hedge fund letters, conferences and more Graham's... Read More
Walter Schloss was one of the best value investors of all time. He studied under Benjamin Graham and then worked for the Dean of Value Investing at his value-focused... Read More
Warren Buffett has always advised investors against borrowing money to buy stocks or, indeed, any other asset. In 1991, during a question-and-answer session at Notre Dame, Buffett used Donald Trump's... Read More
The founder of Oaktree Capital Management, Howard Marks, made a name for himself as a distressed debt investor. He has since become best known for his so-called investment "memos,"... Read More
