Hedge Funds Archive

Mark Hart, The 37 Year Old Texas Hedge Fund Manager Who Bet Against Europe’s Debt And Won

February 24, 2010  ·  Category: Europe, Hedge Funds, Macro Economics
Bloomberg ("Corriente Said to Pay Backers After Europe Debt Bets", Bloomberg, February 23) and The Wall Street Journal ("How A Texan Bagged Europe", Gregory Zuckerman, The Wall Street Journal, February 24, C1) reported, and the internet is abuzz ...
Posted by Greg Feirman  ·  No Comments »

The Worst Investment Management Compensation System Ever

February 16, 2010  ·  Category: Hedge Funds, The Investment Advice Business
I just read a shocking article in on the front page of today's Money & Investing section in The Wall Street Journal: "Losing A Ton And Still Making A Killing", Dennis Berman, February 16, C1 .  ...
Posted by Greg Feirman  ·  No Comments »

Another Great Investor You Need To Know: Balestra Capital’s James Melcher

April 14, 2008  ·  Category: Hedge Funds, The Investment Advice Business
Last week I wrote a post on John Paulson, the man of the moment on Wall Street for his massively profitable returns shorting subprime mortgage backed securities. Over the weekend, Barron's wrote an article on top ...
Posted by Greg Feirman  ·  No Comments »

Trader Of The Year: John Paulson Made Billions Shorting Subprime Mortgages

Trader Monthly recently named John Paulson trader of the year for 2007.  Duh!!!! Funds run by Paulson, a hedge fund manager, were up $15 billion in 2007 and he is estimated to have made beteween $3-$4 billion ...
Posted by Greg Feirman  ·  No Comments »

Bear Stearns Says Its Hedge Funds Essentially Worthless

July 18, 2007  ·  Category: Bonds, Hedge Funds, Market Commentary
It seems like the biggest story of the last 4 weeks, the problems at two Bear Stearns hedge funds involved in subprime mortgage backed securities, is coming to an end.  In a letter to clients ...
Posted by Greg Feirman  ·  No Comments »

S&P Threatens To Downgrade $12 Billion in Subprime Mortgage Backed Securities

July 10, 2007  ·  Category: Bonds, Hedge Funds, Market Commentary, Real Estate
"The fallout of the subprime meltdown on financial services companies that hold some of the debt creates some risk to earnings.  The financials make up over 25% of earnings for the S&P 500, so a ...
Posted by Greg Feirman  ·  No Comments »

This Time They Ring A Bell At The Top - KKR and Och-Ziff File IPOs

One has to wonder at the motives for Kohlberg Kravis Roberts (KKR) and Och-Ziff, a hedge fund, to go public after a mediocre IPO earlier this year by hedge fund Fortress Investment Group (FIG) and ...
Posted by Greg Feirman  ·  No Comments »

When The Ratings Agencies Lower Their Ratings on Subprime Mortgaged Backed Securities, The Stock Market Will Crash

July 1, 2007  ·  Category: Bonds, Hedge Funds, Market Commentary
"We're talking about massive, massive downgrades here." - Rod Dubitsky, Asset Backed Real Estate Debt Analyst, Credit Suisse, ranked #2 last year by Insitutional Investor magazine in his category "A lot of these should be downgraded sooner rather ...
Posted by Greg Feirman  ·  No Comments »

Four Must Read Front Page Wall Street Journal Articles for a Bear(Stearns) Market

June 29, 2007  ·  Category: Bonds, Hedge Funds, Market Commentary, Private Equity
Make no mistake: this week, as last week, is all about the blow up of the two Bear Stearns hedge funds heavily invested in subprime mortgage backed securities.  And The Wall Street Journal, as usual, is ...
Posted by Greg Feirman  ·  2 Comments »

Investment and Commercial Banks Drag Down Market

June 22, 2007  ·  Category: Hedge Funds, Market Commentary
Whereas the previous two weeks (June 4-8 and June 11-15) were all about rising interest rates, this week was all about the blow up of two Bear Stearns hedge funds with heavy investments in subprime ...
Posted by Greg Feirman  ·  No Comments »