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...
- Doom Heralded At Hayman By Widening Trade Deficit: Japan Credit
Thanks to Will for passing this along. Going back and reviewing an investor letterfrom Kyle Bass dated November 30, 2011, Bass wrote “We believe that Japan would have a bond crisis of its own within the next two years without the current European debt...
- Far From Wall Street And Silicon Valley, A Focus On Family Ties
When the hedge fund manager David Einhorn was just another investment analyst in the mid-1990s, his family gave him $500,000 to get his fund, Greenlight Capital, off the ground. Now that he is a billionaire after a career of doing battle with large corporations,...
- Dalio Takes Hedge Crown From Soros
Ray Dalio has overtaken George Soros as the world’s most successful hedge fund manager after his Bridgewater Pure Alpha fund made $13.8bn for investors last year. The profits made by the Connecticut-based Pure Alpha – already the world’s biggest...
- Big Long Is New Big Short As Bass Joins Subprime Bet
Investors who made some of the biggest profits from the 2007 bust in U.S. mortgages are once again in agreement. This time, they’re going long. Hedge fund manager Kyle Bass, who made $500 million betting against subprime debt in the crash, is raising...
Money and Finance
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 the hottest trade on Wall Street over the past three months. George Soros, who made a fortune shorting the British pound in the 1990s, has scored gains of almost $1 billion on the trade since November, according to people with knowledge of the firm's positions. Others reaping big trading profits by riding the yen down include David Einhorn's Greenlight Capital, Daniel Loeb's Third Point LLC and Kyle Bass's Hayman Capital Management LP, investors say.
- 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...
- Doom Heralded At Hayman By Widening Trade Deficit: Japan Credit
Thanks to Will for passing this along. Going back and reviewing an investor letterfrom Kyle Bass dated November 30, 2011, Bass wrote “We believe that Japan would have a bond crisis of its own within the next two years without the current European debt...
- Far From Wall Street And Silicon Valley, A Focus On Family Ties
When the hedge fund manager David Einhorn was just another investment analyst in the mid-1990s, his family gave him $500,000 to get his fund, Greenlight Capital, off the ground. Now that he is a billionaire after a career of doing battle with large corporations,...
- Dalio Takes Hedge Crown From Soros
Ray Dalio has overtaken George Soros as the world’s most successful hedge fund manager after his Bridgewater Pure Alpha fund made $13.8bn for investors last year. The profits made by the Connecticut-based Pure Alpha – already the world’s biggest...
- Big Long Is New Big Short As Bass Joins Subprime Bet
Investors who made some of the biggest profits from the 2007 bust in U.S. mortgages are once again in agreement. This time, they’re going long. Hedge fund manager Kyle Bass, who made $500 million betting against subprime debt in the crash, is raising...