Hedge Fund News: Bill Ackman, Joel Greenblatt & Highfields Capital Management

Page 1 of 2

Bill Ackman Is About To Deliver Another ‘Nail To Herbalife’s Coffin’ (BusinessInsider)
Famed investor Bill Ackman has been in a long-running battle against Herbalife Ltd. (NYSE:HLF), a maker of health shakes. Ackman is loudly short the company, and believes the business is scam. Anyway, Value investor Whitney Tilson, who runs Kase Capital, writes that Bill Ackman is going to put a nail in Herbalife’s coffin tomorrow. “Bill Ackman will be adding his latest nail to Herbalife’s coffin in a webcast at 10 am on Tuesday (available at herbalifepyramidscheme.com), where he will reveal what he’s found after a nearly two-year probe of Herbalife’s nutrition clubs (of which there are 3,000 in the NY area alone!)…

Bill Ackman in crowd

Citadel’s Ken Griffin: ‘Can’t see’ gubernatorial run (CNBC)
Hedge fund manager Ken Griffin has sounded quite political in recent public appearances and has written big checks to candidates he likes. But until now, no one one has ever asked him directly if he would consider running for public office himself. Griffin faced just that question, however, at the Delivering Alpha conference presented by CNBC and Institutional Investor. Griffin’s answer? “I can’t see that in my future.” “You wouldn’t rule it out?” CNBC’s Kate Kelly followed up.

Stanley Druckenmiller Says Fed’s ‘Emergency’ Measures ‘No Longer Necessary’ (JewishBusinessNews)
High-profile hedge fund manager, Stanley Druckenmiller of Duquesne Capital, said that the “once-in-a century emergency measures” of artificially low interest rates to stimulate the economy “are no longer necessary.” At the Delivering Alpha conference in New York last week, Druckenmiller criticized the present Federal Reserve: “The current policy makes no sense from a risk-reward basis…extraordinary money measures are likely running into sharply diminishing rewards. On the other hand, history shows potential long term costs could be quite severe.”

John Paulson Is Wrong: A House Is a Lousy Investment (WallStCheatSheet)
John Paulson — the infamous hedge fund manager who shorted the sub-prime mortgage market back during the financial crisis — recently told CNBC that he believes that buying a home that you live in is the best investment that an individual can make. I think there are several things wrong with this claim, and several of the reasons he gives overlook certain aspects of home ownership that make it undesirable from an investment standpoint. But before I go into these, let me just first point out that this isn’t necessarily an argument against home ownership. There are many benefits to owning a home that make it preferable to renting for certain individuals.

Avoid unappetizing ‘stock stew’: Don’t tinker with strategy (TheGlobeAndMail)
Have you ever followed a recipe in a cookbook and thought, “I can make this better”? Maybe you add a little more butter than is called for. Maybe you substitute asiago cheese for mozzarella, and throw in some cayenne pepper as well. …In one study, hedge-fund guru Joel Greenblatt found that over a two-year period investors who were able to pick and choose between stocks his formula approved of and pick the timing of their trades fared far worse than those who had their buying and selling done on automated fixed intervals, with no ability to veto picks.

Herbalife shares plunge on Ackman comments (CNBC)

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 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

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!