Wednesday, 22 October 2014
Last updated 10 hours ago
Jan 30 2013 | 2:38pm ET
Herbalife is taking a page out of the activist hedge fund playbook.
The nutritional supplements company, attacked by Pershing Square Capital Management's William Ackman as a "pyramid scheme," has bought at least three domain names referencing Ackman, the New York Post reports. The Web sites are not currently active, but Herbalife could use them to create a site to counter Ackman's factsaboutherbalife.com.
The domains owned by Herbalife are therealbillackman.com, billackman.net and therealackman.net. The company bought them on Jan. 18, a month after Ackman's three-hour long presentation laying out his case against Herbalife.
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…
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 ...