Hedge fund investing promises a very simple outcome: Give your money to a manager and he or she will do whatever it takes to make your assets rise in all markets. …read more
Source: FULL ARTICLE at Forbes Latest
By GuruFocus, Contributor Hedge fund Joho Capital was founded by Robert Karr. He is one of the Tiger Cubs, the hedge fund managers who learned from the legendary Julian Robertson. Robert Karr tends to hold very concentrated positions in the area of new technologies. His stock picks performed the best among our gurus, according to the Scoreboard of Gurus.
By Jake Zamansky, Contributor Hedge fund king Steve Cohen has to be “public enemy number one.” …read more
Source: FULL ARTICLE at Forbes Latest
By The Street, Contributor Hedge fund manager David Einhorn of Greenlight Capital said Wednesday that ratings agencyMoody’s (MCO) was his biggest money-losing short bet last year. As Einhorn made little mention of the short position — betting on a decline in Moody’s share price — in numerous investor reports and media appearances, the famed short seller’s comments raise a crucial question. …read more
Source: FULL ARTICLE at Forbes Latest
Hedge-fund manager David Einhorn, whose Greenlight Capital is one of Apple’s largest shareholders, has asked the company to engage in some elaborate financial engineering to “unlock the growing value of its balance sheet”. While Einhorn’s plan to issue billions in preferred stock might or might not work to do that, the incident points out one of the biggest differences between the Apple of the late Steve Jobs and that of current CEO Tim Cook. The latter is a lot less insular and a lot more aware that it exists in a greater world. How so? Well it’s hard to imagine Jobs’ Apple issuing a statement the same day that not only acknowledges Einhorn’s proposal, but promises to give it some consideration. …read more
Source: FULL ARTICLE at Forbes Latest
