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

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!