Tag Archives: government-entity
The Engine of Mayhem
Washington Post – It’s easy to explain the continuing financial chaos — and the failure of governments to control it — as the triumph of psychology. Fear reigns, and panic follows. Everyone dumps stocks because everyone believes that everyone else […]
Hedge Funds Raise Cash To Repay, Not Reinvest
Seeking Alpha – Some analysts say a big-picture trend presently unfolding involves hedge funds and other players unwinding bets on commodities/foreign currencies and plowing the proceeds into U.S. financial and other stocks. They are doing this for valuation reasons and […]
CSX ‘Welcoming’ Work With Activist Hedge Funds
CNBC – Cramer got a chance Thursday to check in briefly with CSX Chairman and CEO Michael Ward. Ward’s been a regular guest on Mad Money as his company has battled with activist hedge funds fighting to have him ousted. […]
Chinese fund manager wins Warren Buffett lunch
Reuters India- A Chinese fund manager has won a lunch with famed U.S. investor Warren Buffett after bidding $2.11 million for the opportunity in a charity auction, more than three times what the lunch fetched last year. Zhao Danyang, who […]
Buffett bets on the S&P 500 to beat a fund-of-hedge-funds
Los Angeles Times – The hedge fund industry can only exist because investors believe their fund managers will deliver above-average returns over time, despite the portfolios’ hefty fees. Master investor Warren Buffett, who has long derided those fees, now has […]
