Maverick USA was down 3.3% for the second quarter, while Maverick Levered was down 2.1%. Maverick Long Enhanced was up 8%. Year to date, Maverick USA is up 31.8%, while Maverick Levered has gained 49.3%. Maverick Long Enhanced has returned 9.9% for the first six months of the year. Maverick Capital is a long/ short equity hedge fund founded by Lee Ainslie.
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses.
Prentice Capital was up 3% net in December, bringing its full-year return to 53.6% net for 2020. In their December email to investors, which was reviewed by ValueWalk, the... Read More
Bill Ackman just scored another M&A win. Platform Specialty Products, one of Bill Ackman’s top holdings, announced on Monday a plan to acquire British chemical and materials maker Alent for... Read More
Value investor James Montier of asset management firm GMO can’t find any attractive investments these days. While there a few relatively cheap assets, nothing is cheap in absolute terms,... Read More
Carl Icahn has become somewhat infamous for the financial disclosures he feels comfortable making on Twitter. Icahn reckons that reporting financial data on Twitter is one step toward better... Read More
Part one of this mini-series can be found here. It's has been only a week since I wrote the first part of this mini-series on Cliffs Natural Resources Inc (NYSE:CLF),... Read More
Corporate America has never sat on so much cash. The problem is multi-national corporations have been deploying this cash in ways that create jobs abroad, said hedge fund titan... Read More
Over the past two years, a trend has emerged in US consumer debt: people are borrowing more, but defaults are rising. As I reported at the end of November, according to... Read More
Guest: Episode #59 has no guest, but is co-hosted by Jeff Remsburg. Tesla Tax Incentives: When Will The Federal Credit Start To Wind Down? Get The Timeless Reading eBook in PDF Get... Read More
In the wake of the Chinese stock market embarking on more than a 20 percent correction since peaking near June 12, when the Shanghai Composite Index was at 5166,... Read More
Basel III rules are being finalized around the world, and investors will have to come to terms with a new, complicated $1 trillion debt market as banks start to... Read More
