Hedge Funds

Bill Ackman bet on a winner amid the coronavirus (COVID-19) pandemic. On March 18, the founder of Pershing Square Capital said on CNBC that at the rate the coronavirus is spreading, the American economy will enter a "depression-era period" and as many as a million Americans could die...

Investors willing to accept downside of 10% to 15% may want to consider buying at current levels despite the ongoing coronavirus epidemic, billionaire investor and Appaloosa Management founder David Tepper said on CNBC. Tepper is "nibbling right now" but he expects more downside at...

Warren Buffett has stepped into faltering economies to help prop up teetering companies in the past, and made out pretty good by buying low in times of distress. Might the Oracle of Omaha have some interest in some suddenly very turbulent airline stocks? Buffett, whose Berkshire Hathaway Inc. (NYSE...

Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, told CNBC Thursday morning the COVID-19 shutdown could cost U.S. companies $4 trillion. Dalio, who famously predicted the global financial crisis back in 2008, said in an interview that the current crisis is unlike...

Corporate America and the federal government need to shut down for 30 days, billionaire investor Bill Ackman said on CNBC's "Halftime Report." What Happened The "only answer" to the coronavirus pandemic is a complete shutdown of the country to help mitigate the...

In theory, hedge funds are designed to insulate investors from the type of market downturns that U.S. investors have experienced in 2020. Unfortunately for Bridgewater Associates investors, the world’s largest hedge fund appears to have gotten caught off guard by the coronavirus outbreak. The...

Steve Cohen’s Poing72 hedge fund becomes one of the first financial firms in New York to be affected by the coronavirus. What Happened An employee that worked at the fund’s Hudson’s Yard location in Manhattan is infected with the Covid-19 virus, reported the Wall Street Journal...

Over the past decade, a vast majority of hedge fund net asset flows have gone to a small minority of hedge funds with the strongest brands. Evestment estimates that almost 60% of industry assets are controlled by firms with over $5 billion in assets.    Each year, many hedge fund...

Oh, how quickly the tables have turned. Ride-sharing stocks Uber Technologies (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) were highly criticized by investors last year, as both stocks stumbled out of their IPO gates. The general consensus was, disruptive as they were, that the duo...

Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett’s annual letter to stockholders said equities would outperform long-term fixed-rate debt instruments should low corporate tax rates remain in place. What Happened Buffett released his annual letter to shareholders on...

The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season Investors who follow particular fund managers can easily look up what each was buying...

Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) trimmed its stake in Apple Inc. (NASDAQ: AAPL) by 37 million shares in the fourth quarter of 2019, according to its 13F filing with the Securities and Exchange Commission revealed Friday. What Happened The investment firm led by Warren Buffett is the...

Ray Dalio is looking to make new friends (or win new mentees) in the investment industry. The billionaire investor and founder of Bridgewater Associates launched a texting community to promote his book, “Principles.” One of my favorite things about social media is interacting with so...

Hedge fund and activist investor Elliott Management Corp. expanded its long-held stake in SoftBank Group Corp - ADR (OTC: SFTBY) last year to about 3%, according to The Wall Street Journal. The $2.5 billion bet makes SoftBank one of Elliott’s largest investments. “Elliott’s...