Saturday, 25 October 2014
Last updated 1 day ago
Jan 30 2013 | 1:19pm ET
Paul Singer is no fan of Federal Reserve Chairman Ben Bernanke.
At a panel at Morgan Stanley's hedge fund conference in Palm Beach, Fla., yesterday, Discovery Capital Management's Rob Citrone, Goldman Sachs Investment Partners' Ken Ebberts, Fortress Investment Group's Michael Novogratz, Vinik Asset Management's Jeffrey Vinik and the Elliott Management chief were asked to grade Bernanke's performance at the Fed. Four of the panelists gave the Fed chief an "A" or "B."
Singer gave Bernanke a "D," Absolute Return reports.
It is unclear why Singer was so hard on Bernanke; reporters are not allowed at the conference, and AR's Lawrence Delevingne is instead relying on reports from those at the conference.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.