That Time Kovner And Thorp Had Their Ship Bombed By Iran

Bruce Kovner is somewhat of a legend in the hedge fund world. Worth an estimated $5.3 billion according to Forbes, Kovner built his wealth managing money for clients at his macro firm Caxton Associates, which closed its doors in 2011. Kovner started at the Commodities Corporation in the 1970s and went on to start Caxton in 1983, a commodities-focused fund itself. Kovner believes his edge over other investors is the ability to spot trends and connections between industries and markets before others. He is also (it seems) a value investor at heart, according to pioneering mathematical financier Edward O. Thorp,…