August 21, 2017 11:59 am

How To Hire For Your Brand New Hedge Fund

One of the benefits of working as an investor is that you don’t necessarily need to manage large teams to make money.  Many of the most well-known hedge funds have very, very low headcounts, with far fewer employees than normal companies in the same revenue range. But you still need to hire some people once […]

And Now For A Hedge Fund Scoreboard Check

The time has come for the monthly status check on the performance of the now largely anachronistic hedge fund industry: a 2 and 20 anachronism (whose every phone call is monitored by the FBI nowadays, thanks Stevie Cohen) because in Bernanke’s centrally-planned world, risk is verboten, as are any selloffs, and if indeed one does […]

Two Of Jim Chanos’ Prodigies Are Starting Their Own Short Hedge Fund

Mike Monnelly and David Bonnier – two former analysts at Jim Chanos’s Kynikos – have started a new short hedge fund based in London, Bloomberg’s Bei Hu reports.  Bonnier joined Kynikos  in 2005. Monnelly joined in 2006. Their new enterprise – The Arhammar Short Alpha Fund – “will invest in 30 to 50 stocks which […]

American Companies Have Basically Been Asking For Activist Hedge Funds To Take Their Money

The rise of activist hedge funds in the last few years has American companies looking over their shoulders to see if an investor boogie man is following somewhere close behind. It’s scary, but here’s the thing – American companies brought it on themselves. Looking back, it made sense that companies were afraid to use their […]

David Einhorn’s Hedge Fund Had A Jelly Donut Party After Bernanke Announced There Would Be No Taper

Hedge fund manager David Einhorn has been an outspoken critic of “QE-infinity,” as some call it – the seemingly unending Fed policy of buying $85 billion worth of bonds every month. He even wrote a Huffington Post column about it last year called  ‘The Fed’s Jelly Donut Policy” where he equated the Fed’s policy with Homer Simpson’s addiction […]

Hedge Funds Are Shorting The Market Now More Than They Have All Year

According to reporting by Bloomberg, bearish bets by hedge funds have reached their highest level of the year.  After being squeezed on their shorts over the past four years as equities rallied, a potential crash this time could prove more profitable for hedge funds as “growth prospects are lower and valuations are higher.” The price-earnings ratio for […]

Bill Fleckenstein Is Restarting His Short Hedge Fund

Four years ago, hedge funder Bill Fleckenstein closed down his short fund to go exclusively long. Now, Fleckenstein has announced he will reopen his short fund amid a bullish market, The Street’s Herb Greenberg is reporting. From the Street: “For four years and counting, there was no reason to think about shorting,” [Fleckenstein] told me. […]

Meredith Whitney Has Started A Hedge Fund

Meredith Whitney has started a hedge fund called Kenbelle Capital LP, Bloomberg reports. Whitney is famous for her accurate bearish call on Citigroup in 2007, but since then some of her calls haven’t panned out – like her assertion that municipal governments would go bankrupt. Now it seems like she’s switching strategies. In August Whitney […]

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