In the roaring stock market of the 1920's, it was common for groups of shrewd traders to secretly accumulate big stakes in a stock, then promote it, and drive up the price. When unsuspecting buyers chased the stock higher, the manipulators would sell at a big profit,...
The Tiger Cub Hedge Funds market-beating performance continues. Though Julian Robertson's Tiger Management folded up its tent nearly two decades ago, his protégés are doing him proud. A portfolio of top holdings of hedge funds linked to Tiger Management was up 14.94% year-to-date through Q2's end. That's...
Its 13F filings season again -- when hedge fund managers show their hands.
Forty-five days after the end of every quarter, every U.S. institutional investor with assets over $100 million is required to report its holdings to the SEC via 13F filings. Last quarter...
In 1951, Denver resident Ida Goldstein purchased the formula for Scott’s Liquid Gold for $350 as a business opportunity for her three young adult sons. The guys began mixing and bottling the amber-colored wood care oil by hand in the family garage. So was born the brand that eventually found its place into households across America.
Some 65 years later, the company is going strong.
Below is a list of the top ten most overrated hedge fund managers. Many of these guys (they're all men) have become celebrities, idolized by investors, just like movie stars or great athletes are in mainstream American society. And most of them made their billions -- and...
Two Waitr Holdings (WTRH) insiders combined for a $1.07 million buy of the food delivery company's shares on Monday.
The Waitr insiders' purchases came after a March 20, 2019 report by short research firm "The Friendly Bear" ravaged WTRH stock. The report was entitled:...
On December 27, 2018, Cannell Capital LLC — a hedge fund based in Alta, Wyoming – disclosed sending three separate letters to three company managements, notifying them of Cannell’s activist intentions. Buying the stocks targeted by Cannell on that date would have produced an average gain of 32.40% over the 25 trading days since.
Dr. Michael Burry's Scion Asset Management disclosed its first quarter 2019 holdings, and in a surprise, China online retailer JD.com (JD) was the hedge fund's top position. Altaba Inc. (AABA), owner of 15% of China e-commerce giant Alibaba (BABA),was Scion's #2 position.
Burry, featured...
After regular market hours on Wednesday, the Head of Alternative Investments for B. Riley Capital filed Form 4s disclosing personal purchases of Health Insurance Innovations (HIIQ) shares in addition to purchases for the fund he manages.
Also after market hours, Paul Gabos, a HIIQ...
Arlington Value's Allan Mecham increased his position in Warren Buffett's Berkshire Hathaway(BRK.B) by 8% during the second quarter of 2019. Including Berkshire A and B shares, Berkshire was 29.93% of Arlington's portfolio at Q2 end. The Salt Lake City-based fund's 13F also showed increases in its Alliance...