Hedge Funds
Everyone Should See This Interview With Steve Bannon
Yesterday CNBC hosted their Delivering Alpha conference. This conference is primarily an opportunity for investors to hear views and ideas from some of Wall Street’s best.<p>However, the bigger picture/geopolitical environment is far more important for the market at the moment, than what a big hedge …
Steve BannonMueller's team wants to talk to me, says 'Manhattan Madam' Kristin Davis
The "Manhattan Madam" who boasted of providing prostitutes to New York's rich and famous, including Gov. Eliot Spitzer, says someone in special counsel Robert Mueller's office called her attorney Thursday to ask her to speak to investigators.<p>Kristin Davis, 41, said the Mueller representative asked …
PoliticsKimberly Guilfoyle reportedly leaving Fox News, hints at marrying Donald Trump Jr.
Fox News host Kimberly Guilfoyle, who has spent more than a decade hosting shows like <i>Outnumbered</i> and <i>The Five</i>, is leaving the network, according to …
Donald TrumpCoinbase Scores Major Whale for Institutional Brokerage Service: Report
Advertisement<p>Industry giant Coinbase has scored a major win for its recently-launched institutional brokerage service, as a major hedge fund has …
InvestingDan Coats’s Intelligence Gap
One of the heroes of Helsinki Week in Washington has been Dan Coats, the director of national intelligence. After Donald Trump publicly sided with Vladimir Putin on the question of Russian interference in the 2016 election, Coats struck back, releasing a brief statement: Russia did, in fact, meddle.<p>…
Donald TrumpCoinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services
Major U.S. crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July …
InvestingWhy Jeff Bezos Believes Company Culture Will Make or Break You | Inc.com
In a competitive and ever-changing world, companies need more from their employees than ever. Leaders like Jeff Bezos of Amazon have put a relentless focus on culture -- because it pays off. Bezos is now the richest person in the world, and Amazon is one of the strongest forces in all of retail. …
MoneyConsumerism As Modern Grotesque: Lauren Greenfield’s Essential ‘Generation Wealth’
Lauren Greenfield, the photographer and documentarian behind 2012’s <i>Queen of Versailles</i>, says she chronicles extremes in order to learn about the mainstream. In <i>Generation Wealth</i> those extremes include: a Chinese entrepreneuress who gives her countrywomen lessons pronouncing brand names and …
Santa MonicaLesser-Known Universities Do More With Research Money
Productivity growth in developed countries has been slowing down, threatening to cause a long-term stagnation in living standards. One contributing factor could be that it’s getting more expensive to find new scientific and technological ideas. Economists Nicholas Bloom, Charles I. Jones, John Van …
OpinionHedge Fund Titan Paulson Takes on Tiny Toronto Gold Miner
Paulson owns 5.4% of Detour Gold and wants the company to explore strategic alternatives<p>John Paulson made his name betting against the U.S. housing market and taking on American International Group Inc. Now his hedge fund is zeroing in on a small Toronto-based gold miner that in April cut its 2018 …
InvestingThis Emerging-Markets Rally Is Just Getting Started
By<p>July 20, 2018 2:42 p.m. ET<p>Throughout the rising trade tensions, U.S. assets have held up relatively well, compared with China, which may lead some …
BusinessHow to drive supercars without a hedge fund
Those aren’t questions that most people will ever ask because, let’s face it, owning a supercar is not cheap. The initial purchase price is …
InvestingNothing harmless about discussing Russian adoptions at meeting of Trump insiders
Back when word first leaked that Jared Kushner, Paul Manafort and Donald Trump Jr. had met with a Russian lawyer and others offering dirt on Hillary …
Donald TrumpSanctions law behind Putin's request to Trump for former U.S. officials
WASHINGTON (Reuters) - Russian President Vladimir Putin's request to U.S. President Donald Trump for a joint investigation of former U.S. officials sought by the Kremlin for "illegal activities," including a U.S. ambassador to Russia, is just the latest effort in a years-long campaign to undermine …
Donald TrumpLauren Greenfield on Generation Wealth and the Culture of Money That Made Trump Possible
In the 1990s, director/photographer Lauren Greenfield began a project taking pictures of high school students at her affluent Los Angeles alma mater, …
Los AngelesKristin Davis, ‘Manhattan Madam’: 5 Fast Facts You Need to Know
Kristen Davis is a “Manhattan Madam” who was subpeonaed by Special Counsel Robert Mueller on Friday.Davis worked for former Trump aide Roger Stone …
InvestingTrump and the Fed, and GE Earnings: Market Recon
Independence at the Fed<p>Sitting US Presidents are rarely publicly critical of monetary policy. Though technically independent, the Fed was created by …
InvestingThieves Jump on Cobalt Craze With $10 Million Warehouse Heist
It’s not just hedge funds that have noticed the cobalt boom -- thieves have too.<p>About 112 metric tons of cobalt was stolen from a warehouse in …
CobaltBlackRock, the world’s largest money manager, grows its Seattle hedge fund hub - Puget Sound Business Journal
By Casey Coombs <br>– Staff Writer, Puget Sound Business Journal<p>Jul 20, 2018, 4:00am PDT<p>Seattle might seem like an unlikely place for the world’s largest …
InvestingThe NFL reportedly keeps a list of billionaires called 'Tiger cubs' who could be future team owners, and they are different from traditional owners
Jon Wertheim has an interesting piece up in Sports Illustrated about the family ownership model in the NFL, which contains an interesting nugget about the league's business practices and how carefully the league manages, or perhaps micro-manages, the sale of teams.<p>"A source with firsthand knowledge …
Carolina PanthersThe Rapid Rise of Millenial Collectors Will Change How Art Is Bought and Sold
Photo by Fuse, via Getty Images.Groucho Marx once said that he wouldn’t want to belong to any club that would accept him as a member. I feel a …
InvestingGiant pork pile awaits Americans as trade wars risk exports
Donald Trump's trade wars are making pork a bargain.<p>American production is poised to reach an all-time high this year, and output is forecast to …
ExportsNordea AM takes stake in hedge fund Madrague Capital Partners
LONDON, July 20 (Reuters) - Nordea Asset Management said on Friday it had agreed to take a 40 percent stake in hedge fund Madrague Capital Partners, as part of which the latter will manage a new long-short equity fund.<p>Nordea said the deal is part of a strategy to partner with boutique investment …
InvestingEmerging Markets, Developed Markets: It's All About the US Dollar
Emerging markets outperformed developed markets by 15% in 2017. Year to date, developed markets are up 10% relatively. With the front pages being …
Jim CramerExclusive: Investment firms fight to inject cash in Brazil carrier Oi
© Reuters. The logo of Brazilian telecoms company Oi SA is pictured inside a store in Sao Paulo<p>By Carolina Mandl, Tatiana Bautzer and Gram …
InvestingBitMEX CEO: Bitcoin Hasn’t Seen the Worst, $5,000 Imminent Before Big Rally
On CNBC’s Fast Money, BitMEX CEO Arthur Hayes reaffirmed his stance on the price of bitcoin stabilizing in the $5,000 region before initiating the …
CryptocurrencyBig hedge fund bet on NXP hit by trade war | Financial Times
Some of the world’s biggest hedge funds are learning the hard way that there is no such thing as a slam-dunk trade.<p>Paul Singer’s Elliott Management …
InvestingThe 'rehabilitation' of George Soros
A piece at the New York Times rehashes — or rather, rewrites — history that centers on the billionaire George Soros and his recent lament that after …
Conservative ViewIt's Time to Kick the Bucket List
The American bucket list is in a state of crisis. The obsessive need to parasail over volcanoes in Mongolia, swim with man-eating sharks in the Seychelles and sleep in every farmhouse that George Washington ever bedded down in has contributed to a national epidemic of bucket-list neurosis.<p>Americans …
Bucket ListsWall Street Rushes Into a New Asset Class
By<p>July 20, 2018 2:38 p.m. ET<p>Goldman Sachs, GSO Capital Partners, and KKR: It’s hard to imagine better credentials in finance for the founders of Owl …
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