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China hedge fund Pinpoint is bouncing back in 2024 after years of poor performance

Thu, 05/02/2024 - 10:56

Victoria Harbour, Hong Kong at dusk. — Victoria Harbour, Hong Kong.
CHUNYIP WONG/Getty Images

finance, BI Prime, hedge-funds, finance, china-investing, multi-strategy-funds

A 91-year-old former hedge fund manager says weighing probabilities can prolong your life. Here's how he does it.

Thu, 04/11/2024 - 16:10

Edward Thorp. — Edward Thorpe at the blackjack table in 1964.
Don Cravens/Getty Images

finance, health, Longevity, blackjack, mathematics, Academia, Probability

The Citigroup division beset by sexual-harassment claims was also the worst performer among big banks

Sun, 03/24/2024 - 16:30

citi citigroup — A culture of harassment and discrimination reportedly plagues Citigroup's equities-trading division.
REUTERS/Brendan McDermid

finance, Citigroup, Trading, Equities, hedge-funds, sexual-harassment, Discrimination

Tim Cook, Steve Ballmer and Jamie Dimon are among the few US billionaires who didn't found a company or inherit a fortune

Thu, 02/08/2024 - 08:09

Tim Cook, Steve Ballmer and Jamie Dimon — Tim Cook, Steve Ballmer and Jamie Dimon all became rich by climbing the corporate ladder.
Getty Images

finance, finance, Tech, Wealth, Billionaires, rich-list, tim-cook

Stocks will drop, soaring US debt is worrying — and Elon Musk is overpaid, says elite investor Leon Cooperman

Wed, 02/07/2024 - 08:21

Tech Insider : Economy

Leon Cooperman — Leon Cooperman.
Rick Wilking/Reuters

Markets, economy, mi-exclusive, Markets, Stocks, leon-cooperman, omega-advisors

Inside the company that calls itself 'Moneyball-plus'

Sun, 01/28/2024 - 06:00

Tech Insider : Economy, Sports, Sports

Michael Schwimer posing during photo shoot on baseball field at Bullis School. — "I'm a believer in capitalism," says Michael Schwimer, who founded Big League Advantage to cash in on the future earnings of teenage athletes.
Simon Bruty/Sports Illustrated via Getty Images

economy, Investing, Discourse, finance, Media, Sports, Baseball

Democrats want to kick hedge funds out of the the housing market to improve affordability

Fri, 12/08/2023 - 13:23

New York Stock Exchange, Wall St, New York, USA. — New York Stock Exchange, Wall St, New York, USA.
Getty Images

Real Estate, Markets, housing-market, Democrats, Affordability, mortgage-rates, hedge-funds

Average homebuyers are beating out Wall Street landlords

Wed, 11/29/2023 - 05:42

Tech Insider : Economy

A homebuyer pulls the welcome mat from under a wall street investor. — Deep-pocketed investors bought lots of homes during the pandemic, drawing the ire of regular homebuyers and lawmakers. But the panic over corporate vultures obscures the real problems in the housing market.
Chelsea Jia Feng/BI

Real Estate, economy, finance, Markets, Discourse, real-estate, wall-street

A hedge fund exec is funding hunts for treasures in shipwrecks at the bottom of the ocean

Sat, 11/18/2023 - 04:11

Shipwreck — REUTERS/Antonio Bronic

finance, Tech Insider, trending-uk, finance, hedge-funds, Robots

Tech billionaire Michael Dell mocks old foe Carl Icahn about his holding company's plunging stock price

Thu, 11/16/2023 - 07:47

Dell Icahn — Michael Dell took shots at his longtime foe Carl Icahn Tuesday.
Diego Donamaria/CNBC/Getty Images

Markets, mi-exclusive, Markets, Stocks, michael-dell, carl-icahn, hedge-funds

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