Saturday, 20 September 2014
Last updated 1 day ago
Mar 5 2012 | 8:50am ET
What do you serve a libertarian for dinner? Hedge fund manager Mark Spitznagel has until March 20th to figure it out—that’s when he’ll host a $2,500-per-plate fundraising dinner for U.S. presidential candidate Ron Paul.
Spitznagel, the founder and CIO of Universa Investments, will host the dinner at his Los Angeles home, according to TheWrap.
Paul’s fellow speaker at the event will be Nassim Taleb, author of “The Black Swan: The Impact of the Highly Improbable,” a book which has had a strong influence on Spitznagel’s investment strategies. Spitznagel, known for his value- and derivatives-based stock market investing, made a killing during the 2008 financial crisis, having essentially bet on the crash.
Despite the Tinseltown venue, the guest list includes no film industry figures, according to TheWrap. The same was true of Paul rival Mitt Romney, who has raised $1 million in Beverly Hills, the bulk of it from investment fund sources. Romney will hold another L.A. fundraiser on March 27.
President Barak Obama raised $4 million in February at a star-studded Holmby Hills fundraiser at the home of soap opera producer Bradley Bell. The event was co-hosted by actor Will Ferrell and his wife.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.