Hedge Fund and Insider Trading News: Whitney Tilson, David Einhorn, Stanley Druckenmiller, Bill Ackman, Ray Dalio, Lone Pine Capital, Tricida, Inc. (TCDA), Hillenbrand, Inc. (HI), and More

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Whitney Tilson Starts Dating Group to Beat Bill Ackman at Matchmaking (Bloomberg)
Whitney Tilson credits Pershing Square Capital Management founder Bill Ackman with having introduced four couples who have gotten married — and he wants to emulate that track record. So Tilson, who was founder and managing partner of hedge funds T2 Partners LLC and Kase Capital Management before moving on to start Empire Financial Research, has decided to create a mailing list for people to receive articles, events and more that he thinks might be of interest to single people.

Ray Dalio’s Hedge Fund Thinks Wall Street Could Be In For More Pain (Investing.com)
The world’s largest hedge fund Bridgewater Associates, led by billionaire Ray Dalio, has a warning for investors related to an economic slowdown in the United States. What Happened: The U.S. market is yet to price in an economic slowdown in the U.S., Reuters reported on Thursday, citing Bridgewater’s co-chief investment officer Karen Karniol-Tambour.

Current Bear Market ‘Has a Ways to Run’, Warns Hedge Fund Manager Druckenmiller – Breaking (Street Register)
American hedge fund manager Stanley Druckenmiller believes that “we’re six months into a bear market,” adding that it’s very likely that the current bear market “has a ways to run,” he said Thursday at the 2022 Sohn Investment Conference. Druckenmiller believes that after the Federal Reserve became more hawkish against inflation and with the Index falling more than 20% off its previous high, the economy will likely fall into recession next year. Last year, the investor criticized the Fed’s bank policy, citing a “raging mania” in every market.

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Greenlight’s Einhorn Sees Gold Going ‘Higher, Perhaps Much Higher’ (Reuters)
NEW YORK, June 9 (Reuters) – Greenlight Capital hedge fund manager David Einhorn said on Thursday that the Federal Reserve is pretending it can tame inflation and that the price of gold is likely to go higher amid the current environment of rising prices. “The question is whether there’s enough gold to back the currency reserves. The answer is for the price of gold to go higher, perhaps much higher,” Einhorn said, speaking at the Sohn Investment Conference, which is being held virtually. Einhorn has long been betting that gold is a critically important asset in portfolios.

Mixed May for CTAs as Lynx Stays Top (Hedge Nordic)
Stockholm (HedgeNordic) – After two consecutive months of strong returns, Nordic CTAs edged down 0.5 percent in May to trim the group’s year-to-date advance to 5.3 percent. A handful of Nordic trend-following funds not only outperformed traditional asset classes so far in 2022 but also their hedge fund peers, with Lynx and RPM Evolving CTA Fund currently ranking as this year’s best-performing funds within the Nordic hedge fund universe.






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