Firm: Bridgewater AssociatesCity: Westport, Connecticut2008 Age: 582008 Assets Under Management: $160 Billion Ray Dalio is rumoured to have started trading at the age of 12. Having gained experience in futures and commodities at firms including Merrill Lynch, Dalio founded Bridgewater Associates in 1975. Bridgewater Associates is a global investment management behemoth with assets of $160
Ralph Nelson Elliott (1871-1948) was an accountant and business executive with railroad companies in Mexico and Central America. A serious physical malady, possibly anemia left him bedridden and forced into retirement in 1929. As a distraction, Elliott turned to study the stock market and the historical price movement of the Dow Jones Industrial Average. Elliott
By Jonathan Yates When the defense of The Galleon Group founder Raj Rajaratnam rested on April 18, 2011, it was deploying the same strategy that Dennis Levine, the Drexel Burnham managing director, utilized in his trial for insider trading back in the mid 1980s: all the large sized profits were from publicly available research and
Firm: TPG-Axon CapitalCity: New York2008 Age: 392008 Assets Under Management: $13 Billion Dinakar Singh founded TPG- Axon Capital in late 2004, in partnership with private equity firm Texas Pacific Group – launching with $5 billion in capital. TPG-Axon currently has some 75 researchers spread across the globe analyzing international markets. The fund participates in both
Firm: Appaloosa ManagementCity: Chatham, New Jersey2008 Age: 502008 Assets Under Management (AUM): $4 Billion David Tepper founded Appaloosa Management in 1993. Tepper graduated from the University of Pittsburgh with a BA in economics and earned an MBA from Carnegie Mellon University’s Business School. Tepper worked for eight years on the high-yield desk at Goldman Sachs