The youngest of nine siblings, Phil Falcone was an avid and formidable hockey player as a youth in his hometown of Chisholm, Minnesota. He went on to play hockey for Harvard University, where he graduated with a BA in economics in 1984. Falcone began his career in 1985, trading high yield and distressed securities at
Firm: GLG PartnersCity: London2008 Age: 462008 Assets Under Management: $30 Billion Noam Gottesman is one of the three founders of GLG Partners, a London based hedge fund. The fund was founded by Noam Gottesman, Pierre Lagrange and Jonathan Green. The three, whose last names make up the name GLG, met while they worked in Goldman
Leonardo Pisano, better known by his nickname, Fibonacci, was an Italian mathematician born in Pisa in the 12th century. He is known to have discovered the Fibonacci numbers, said to be based upon observations of the Great Pyramid of Gizeh in Egypt. Fibonacci Numbers are a sequence of numbers where each successive number is the
The long white (or green) bodied Japanese Candlestick is a bullish reversal signal, consisting of a single white candlestick. The long white body shows aggressive buying and that the close is significantly above the open.
The Federal Reserve, often called “the Fed” for short, is America’s central bank. Think of it as the bank’s bank—a special financial institution that helps keep our economy running smoothly. But what exactly does it do, and why should you care? Let’s break it down in simple terms. What Does the Federal Reserve Do? 1.