A former hedge funder left finance to open one of Hong Kong’s top restaurants...
"But... you're a girl."That's what Sandy Keung's father told the then 17-year-old over Christmas break 1992, after she had flown from Hong Kong to Taiwan to talk about going to college. Using...
View ArticleWall Street's best paid CEO started out as a shoe shiner and golf caddy
The highest-paid chief executive of a publicly-traded Wall Street firm had humble beginnings.Mario Gabelli, managing director at GAMCO Investing Inc., who earned about $88.5 million in 2014, sat down...
View ArticleThis is the book on China that Jim Chanos thinks you should read
China's economy has been a historically muddy topic for Western writers to tackle, given heavy censorship laws and cultural difference.But according to billionaire hedge fund manager Jim Chanos, the...
View ArticleMeet the Greek Orthodox priest who runs a hedge fund on the side
The Rev. Emmanuel Lemelson has managed to marry two professions that seem mutually exclusive.On one hand, he is a Greek Orthodox traveling priest. On the other, he is the manager of a modest though...
View ArticleCLIFF ASNESS: Investing success isn't about genius ― it is about staying power
Investment success is about sticking to the plan. That's according to Cliff Asness, co-founder of money manager AQR Capital Management. During a Bloomberg TV Monday, Asness said that investment success...
View Article8 issues that define whether Tesla is doomed or has a bright future (TSLA)
Tesla's a polarizing company, and perhaps nowhere is that more evident than on Wall Street.Among research analysts, long-term predictions for the company's share price range from as low as $180 to...
View ArticleThe infamous pharmaceuticals CEO Martin Shkreli has been arrested
Martin Shkreli, the controversial pharmaceutical CEO and hedge funder, who was heavily criticized for raising the price of a life-saving drug by 500%, has been arrested on charges of securities...
View ArticleHere is how hedge fund giant Citadel predicts Hollywood hits
"Star Wars: The Force Awakens" has shattered box-office records.Citadel's Stephen Parlett, Evan Ericson, Joe Pasqualichio, and Steven Rosenberg laid out their thoughts on the film — and on predicting...
View ArticleTurn your stock portfolio into your own personal hedge fund with the help of...
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships so we may get a share of the revenue from your purchase.If you have money invested in the...
View ArticleChina is crushing hedge funds that bet against it
Ever since China shocked markets with a surprise devaluation of its currency in August 2015 speculation has built that the move was a precursor to a much larger state-sponsored weakening of the...
View ArticleA $30 billion hedge fund had staff program a robot to play air hockey to help...
Two Sigma, the $30 billion hedge fund that uses advanced technologies to find investment opportunities, just hosted its annual artificial intelligence competition.The fund asks its staff to program AI...
View ArticleHedge funds might not get a windfall from Puerto Rico
Hedge funds are trying to halt a House bill that would create a mechanism for restructuring Puerto Rico’s massive $70 billion debt. Those funds may be in for a surprise: If they kill the measure and...
View ArticleA hedge fund manager who called the oil crash is going long these 2 currencies
Zach Schreiber, the CEO of PointState Capital who made $1 billion betting against oil two years ago, is long two currencies.Speaking at the Sohn Investment Conference on Wednesday, Schreiber said he's...
View ArticleA huge US hedge fund borrowed $120 million to settle a bribery case
Och-Ziff, a US hedge fund managing $42 billion (£28.75 billion) worth of assets, has borrowed over $100 million to settle a bribery case with government officials that is expected to cost more than...
View Article10 tips for new Wall Street interns from hedge fund giant Citadel
Summer is here, and that means a flock of eager students are about to start an internship on Wall Street.Most have been though the usual drill: networking with alumni, impressing recruiters at info...
View ArticleA hedge fund favorite is 'wildly overpriced,' and it could be due a big fall
Chinese retailer JD.com has become a hedge fund darling. But Sid Choraria, a senior analyst at APS Asset Management in Singapore, has a contrarian view on the retail website.APS was founded in 1995 by...
View ArticleThe worst paid hedge fund workers in Britain still earn over £90,000 a year
The most lowly worker in Britain's hedge fund sector can still earn over £90,000 ($129,729) a year, according to new data released by salary benchmarking site Emolument.That's over three times the...
View ArticleOne of the world's biggest hedge funds is preparing for a 'worst-case scenario'
Brevan Howard, one of the world's biggest hedge funds, is said to be preparing for more investors to withdraw funds.The move comes as the firm's performance stagnates and two of its star traders have...
View ArticleWall Street has been rocked by an $8 billion hedge fund's implosion
Visium Asset Management, a multibillion-dollar hedge fund, has imploded in the biggest scandal to hit the industry in years. The fund told investors of its plan to close in a letter Friday. It's the...
View ArticleA beginner's guide to being a rabble-rousing, corporate-raiding,...
Imagine walking into a boardroom, introducing yourself to the chairman — perhaps opening with an insult or a threat to make things very uncomfortable for the entire board — and then saying "time to do...
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