Tuesday, 21 October 2014
Last updated 3 hours ago
Oct 12 2012 | 11:59am ET
There aren't many hedge fund managers of this year's Internet-heavy 40 Under 40 list from Fortune magazine, but those that made it crowd the top of the ranking.
Three hedgies made the cut: Bridgewater Associates co-CEO Greg Jensen, 38, was the highest-ranking hedgie at number five, behind the likes of Google's Larry Page and Facebook's Mark Zuckerburg. Tiger Global Management's Chase Coleman was 10th of the putative 40—there are actually many more due to an astonishing number of ties—and Saba Capital Management's Boaz Weinstein was 12th.
Coleman is 37 and Weinstein 39.
The list also included at least one former hedge fund manager: Salman Khan, formerly of Connective Capital and Wohl Capital Management, who was honored for his online—what else?—tutoring empire, the Khan Academy.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...