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 Bannon

Mueller'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 …

Politics

Kimberly 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 Trump

Coinbase 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 …

Investing

Dan 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 Trump

Coinbase 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 …

Investing

Why 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. …

Money

Consumerism 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 Monica

Lesser-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 …

Opinion

Hedge 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 …

Investing

This 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 …

Business

How 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 …

Investing

Nothing 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 Trump

Sanctions 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 Trump

Lauren 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 Angeles

Kristin 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 …

Investing

Trump 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 …

Investing

Thieves 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 …

Cobalt

BlackRock, 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 …

Investing

The 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 Panthers

The 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 …

Investing

Giant 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 …

Exports

Nordea 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 …

Investing

Emerging 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 Cramer

Exclusive: 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 …

Investing

BitMEX 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 …

Cryptocurrency

Big 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 …

Investing

The '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 View

It'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 Lists

Wall 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 …

Loans