Hedge fund Archives - New Trader U

Hedge Fund Market Wizards trading secrets & insights in their own words

Author Jack Schwager has written the greatest series of trading books in the industry by consistently getting interviews with the best traders of this generation. His book Hedge Fund Market Wizards is one of the best as it is comprised of interviews with professional traders with successful public track records. These money managers are able …

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From Day Trader to Billionaire – David Tepper’s Strategy

Billionaires, Day Trading, Hedge fund / By Steve Burns

David Tepper grew up poor in Pittsburgh, Pennsylvania and had the desire and drive to become rich from a young age. He merged himself in learning and education and wanted to graduate from college in three years to not only save time but money. Tepper started trading during college to pay for his tuition. He …

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America’s Most Profitable Day Trader

Day Trading, Hedge fund, Hedge Funds, Market Wizards / By Steve Burns

Steve Cohen is arguably the most profitable hedge fund trader ever. His SAC Capital returned 30% annually for more than 20 years since its inception in 1992 making Cohen a billionaire. What many people don’t know is that Cohen started his career as a day trader. [1] How good is he? Showtime’s Billions is inspired by …

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Current Melvin Capital Holdings 2021

Hedge fund, Hedge Funds / By Steve Burns

Melvin Capital Management is a hedge fund with over $13 billion dollars in assets under management. Melvin Capital became very popular in the trading world in early January 2021 as their GameStop short position combined with other short sellers resulted in more than 139% of Gamestop (GME) shares to be short at one time. This …

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Current Bill Ackman Net Worth 2021

Hedge fund, Hedge Funds, Wealth / By Steve Burns

The current Bill Ackman net worth is over $2.3 billion. He is ranked as the 25th richest hedge fund manager in the U.S. and #391 on the Forbes 400 wealthy list and ranked the 1,305th richest person in the world. Bill Ackman is a self-made billionaire through operating the Pershing Square Capital Management hedge fund …

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Current Cathie Wood Portfolio 2021: Ark Invest Holdings

Hedge fund, Hedge Funds / By Steve Burns

Cathie Wood is the founder and fund manager for ARK Investment Management, LLC. She has four decades of investment experience in the financial industry. As a portfolio manager she focuses on buying publicly traded companies that are disruptive to their industry. She looks for companies with innovations in technology and business models that create change …

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Current Renaissance Technologies Returns

Hedge fund, Wealth / By Steve Burns

The Renaissance Technologies Medallion Fund has produced some of the greatest returns in the history of the markets. They have the best returns for consistency, percentage of returns and did this while trading billions in capital. They have been so successful that they had to close down this fund to new outside investors. It now …

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