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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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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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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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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Jim Simons was one of the most successful hedge fund managers in history. He was a trained mathematician and quantitative trader and the founder of Renaissance Technologies. His hedge fund specialized in diversified system trading using individual quantitative models derived from statistical analyses of historical price data. His primary models were on pattern recognition. Jim
Lessons From the Best Trader of All Time: Jim Simons Read More »
The long high beta, short low beta is a statistical arbitrage trading strategy that is a bet against beta. To implement this type of strategy you must first find stocks with higher betas than the market and short them. The second side of this strategy is to buy long positions using leverage in stocks with
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This is a video Guest Post by @AKFallible. You can follow AK on YouTube here.
3 Edges You Can Have Over Hedge Funds Read More »
This is a Guest Post by Ivan @Retail_Investing. You can follow Ivan’s Youtube Channel -> here.
The 2% and 20% Fees of Hedge Funds Explained Read More »
This is a guest post by AK of Fallible. In this Scene of Billions Season 4, Episode 1, we find our favorite badass Mike Wags Wagner in a scene fighting for Axelrod’s Hedge Fund Fees. So how do hedge funds make money? Make sure to watch the video above! Check Out Our Billions Playlist: https://www.youtube.com/watch?v=RaBNScfl0Qw&list=PLZWbVSavQFXTEwTLFrq4hwGiKJmcWHIQ3
How Hedge Funds Make Money: 2 and 20 Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Let’s talk about this Kanye West blow up, and how, as investors and traders, we can use his example to remind us
Kanye West Thinks Like A Hedge Fund Manager? Read More »