Traders Log » Hedge Fund

Bill Ackman Profile

TradersLog — Fri, 24 Jun 2011 12:49:06 +0000

By Muhammad Raheel William Albert Ackman more commonly known as Bill Ackman (born 11 May 1966, New York) is the founder and CEO of hedge fund Pershing Square Capital Management LP. Ackman was raised in Chappaqua, NY. He received a Bachelor of Arts degree magna cum laude from Harvard College in 1988,

Profiles: Kenneth C. Griffin

TradersLog — Mon, 23 May 2011 15:26:09 +0000

Name: Kenneth C. Griffin Born: Daytona Beach, Florida in 1968. Affiliation: Citadel LLC (formerly known as Citadel Investment Group, L.L.C.) Kenneth C. Griffin is one of world’s top ranked hedge fund managers. He is the founder and CEO of Citadel, a Chicago based investment firm. Citadel is ranke

Tweet Investing

TradersLog — Fri, 13 May 2011 14:01:00 +0000

By Jonathan Yates John Burbank III, founder of Passport Capital, once observed that, “There is no way you can make 30 percent a year going long on the S&P 500. If you’re going to hit that kind of return, you have to go to places where it is going to happen.” This focus on intensive r

Eddie Lampert Profile

TradersLog — Thu, 05 May 2011 12:13:38 +0000

By Jonathan Yates Not even the first Wall Street investment manager to make more than $1 billion in a year could hope to challenge Wal Mart and come out on top. Speaking at the shareholders meeting for Sears Holdings, Eddie Lampert, founder of ESL Investments, offered “no excuses” for the first

Bruce Kovner of Caxton Associates

TradersLog — Wed, 04 May 2011 11:36:57 +0000

By Jonathan Yates In discussing basketball players who step up in the playoffs and elevate their game to do what it takes to win the National Basketball Association (NBA) championship, NBA analyst Kenny Smith remarked, “The great ones have short memories.” If a player is dwelling on their last

Richard Driehaus Profile

TradersLog — Tue, 03 May 2011 19:20:49 +0000

Born: Chicago, Illinois in 1942 Affiliations: Driehaus Mutual Funds, AGF Investments Inc, VAM Funds Most Famous For: Richard Driehaus is famous as founder of Driehaus Capital Management which produced compounded annual return in excess of 30% net of all fees over 12 years. In the year 2000, Dri

Paul Tudor Jones Profile

TradersLog — Tue, 03 May 2011 13:01:27 +0000

By Jonathan Yates Counterpunching is the key to success for legendary investor Paul Tudor Jones II, founder of the hedge funds group, Tudor Investment Corporation. A former welterweight boxing champion in college at the University of Virginia, like any seasoned master of the sweet science, the inves

David Tepper Profile

TradersLog — Mon, 02 May 2011 17:08:03 +0000

By Alan Dessoff Born: Pittsburgh, Pa., in 1957 Affiliations: Appaloosa Management Most Famous for: David Alan Tepper bets big and wins big on big banks and stocks. Appaloosa Management, the Chatham, N.J. fund he founded and manages, held more than $1.2 billion combined in the four biggest U.S. ban

Profile of Ray Dalio of Bridgewater Capital

TradersLog — Wed, 27 Apr 2011 19:09:55 +0000

Ray Dalio is the founder of Bridgewater Associates which manages over $150 billion in assets. Bridgewater Associates runs one of the largest hedge funds in the world, and their Pure Alpha fund has over $45 billion assets under management. Dalio and Bridgewater specialize in hedging risks either in t

Relative Returns vs. Absolute Returns

Monty Agarwal — Wed, 13 Jan 2010 01:38:16 +0000

The term “relative returns” refers to returns as compared to a benchmark index. Most money managers, such as mutual funds, will aim to produce returns that beat a benchmark, e.g. the S&P 500 or the Nasdaq 100. For example, suppose that the S&P 500 is down 25 percent in a year a