Money and Finance
- Loeb’s Reinsurer With No U.s. Staff Gains From Jobs Act
I’m not sure whether or not this makes much of a difference on the business/valuation front, but it is interesting nonetheless. Billionaire hedge-fund manager Daniel Loeb’s Third Point Reinsurance Ltd., which has no staff in the U.S., said it can...
- U.s. Funds Score Big By Betting Against Yen
Thanks to Will for passing this along. Some of the biggest U.S. hedge-fund investors have made billions betting against the yen, exploiting Japan's determination to weaken its currency and boost its economy. Wagering against the yen has emerged as...
- Hedge Fund Mogul At Risk Of A Short Squeeze On Herbalife
Found via the Corner of Berkshire & Fairfax. Hedge fund titan Bill Ackman had an easy time vanquishing the sclerotic board of Canadian Pacific Railway last year. He’s now in an even more fascinating bare-knuckles fight, this time with Herbalife...
- In Punishing Year For Hedge Funds, Biggest One Thrived
Found via ValueWalk. The world’s biggest hedge fund is also one of the best performers. Bridgewater Associates, which manages nearly $120 billion, posted returns of 23 percent in 2011 — a year when the average hedge fund portfolio lost 5 percent....
- Hedging And The 1988-1990 Japanese Stock Market
Interesting lesson/piece of history, from Seth Klarman’s book Margin of Safety: “In the best of all worlds, an investment that has valuable hedging properties may also be an attractive investment on its own merits. By way of example, from mid-1988...
Money and Finance
Loeb Says Japan Rally in Early Stages
Thanks to Will for passing this along.
Add hedge-fund manager Daniel Loeb to the list of big-name investors making bullish bets on Japanese stocks.
Loeb, who scored big gains on Greek debt over the past year, said Japanese leaders are making progress in their efforts to stamp out deflation and spark an economic turnaround after years of sluggish growth. Loeb’s hedge fund, Third Point, LLC, has been buying up shares of Japanese companies with a view that the Japanese rebound is “in the second inning” and will continue.
- Loeb’s Reinsurer With No U.s. Staff Gains From Jobs Act
I’m not sure whether or not this makes much of a difference on the business/valuation front, but it is interesting nonetheless. Billionaire hedge-fund manager Daniel Loeb’s Third Point Reinsurance Ltd., which has no staff in the U.S., said it can...
- U.s. Funds Score Big By Betting Against Yen
Thanks to Will for passing this along. Some of the biggest U.S. hedge-fund investors have made billions betting against the yen, exploiting Japan's determination to weaken its currency and boost its economy. Wagering against the yen has emerged as...
- Hedge Fund Mogul At Risk Of A Short Squeeze On Herbalife
Found via the Corner of Berkshire & Fairfax. Hedge fund titan Bill Ackman had an easy time vanquishing the sclerotic board of Canadian Pacific Railway last year. He’s now in an even more fascinating bare-knuckles fight, this time with Herbalife...
- In Punishing Year For Hedge Funds, Biggest One Thrived
Found via ValueWalk. The world’s biggest hedge fund is also one of the best performers. Bridgewater Associates, which manages nearly $120 billion, posted returns of 23 percent in 2011 — a year when the average hedge fund portfolio lost 5 percent....
- Hedging And The 1988-1990 Japanese Stock Market
Interesting lesson/piece of history, from Seth Klarman’s book Margin of Safety: “In the best of all worlds, an investment that has valuable hedging properties may also be an attractive investment on its own merits. By way of example, from mid-1988...