Hedge Fund Highlights: Warren Buffett, Carl Icahn & Paul Tudor Jones

Page 1 of 2

Buffett’s Ex-Hedge Fund Managers Outperform Oracle (FINalternatives)
Warren Buffett is proving to have as keen an eye for talent as he has for investment opportunity. In fact, if last year’s any indication, he’s an even better talent scout than he is an investor. Two former hedge fund managers hired by the Berkshire Hathaway Inc. (NYSE:BRK.B) chief a few years ago to eventually succeed him outdid the Oracle of Omaha in 2013. Indeed, both Todd Combs and Ted Weschler managed to beat the Standard & Poor’s 500 Index’s more than 30% return for the year, a feat that eluded the overwhelming majority of their former hedge-fund manager peers.

Warren Buffett portrait

Billionaire Carl Icahn’s Investment Fund Returned 31% In 2013 (Forbes)
By just about any measure, billionaire investor Carl Icahn had a great year in 2013. The stock of Icahn Enterprises returned 158% last year as investors embraced Icahn’s publicly-traded investment vehicle, which not so long ago traded at a discount to its net asset value. With activist investing all the rage, the resurgence of Icahn in 2013 stretched from CNBC to the covers of Forbes and Time magazines, which called Icahn America’s most important investor. But behind all his proxy fights, television outbursts and tweets, is Icahn’s ability to trade financial markets. Now in his late 70s, Icahn is on an amazing run. In 2013, Icahn’s investment fund returned 31%, according to a recent financial presentation put out by Icahn Enterprises.

Tudor sees first global monetary policy divergence since 2010 (Ct Post )
Tudor Investment, the $13.7 billion macro hedge-fund firm run by Paul Tudor Jones, said global central bank policies will diverge this year for the first time since 2010. Tudor anticipates the U.S. and U.K. will raise interest rates earlier than expected, while rates will be cut in the euro area this year, according to a Jan. 15 weekly note to investors written by five members of the firm’s research team. “We believe that 2014 will be a year of contrasts when it comes to the outlook for monetary policy across the major developed markets,” Filippo Altissimo, global head of research at Tudor, and four colleagues wrote in the note. “For the first time since 2010, there will likely be an unfolding divergence in monetary policy.”

South African hedge fund managers see great opportunity in African consumer theme (Opalesque)
James Faircliff and Richard Böttger, two young South African hedge fund managers, are passionate about the stock market and about investing: you’d have to be if you started trading stocks at the age of 13 – which they did. As grown-ups, they began their professional career in private equity, and then moved into the listed space. Together they eventually formed Tower Capital in 2009. Tower Capital a Johannesburg-based firm; it runs a long/short equity hedge fund that is mainly focused on the South African stock market. After 52 months of trading, the annualized track record stands at 22% (net) with a standard deviation of 7%.

This Website Has Members Like Dan Loeb And Kyle Bass Posting Their Newest Stock Picks (Yahoo!7 News)
When Texan hedge fund manager Kyle Bass first revealed that Hayman Capital had taken a large long position in General Motors Company (NYSE:GM) he did it on new website HVST.com (Harvest Exchange). Earlier today, activist investor Daniel Loeb, who runs Third Point, also posted on Harvest Exchange that his fund’s largest long position is now The Dow Chemical Company (NYSE:DOW). Both of those stocks moved after they published their ideas on HVST.com. HVST.com is a site where hedge fund managers and investors can post investment ideas and share their views. Users don’t have to post content, though. They are welcome to lurk, read, and consume the content. The website launched just six weeks ago and it’s already starting to take off, according to the site’s CEO Peter Hans.

The Peltz effect (CNBC.com)

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!