Saturday, 25 October 2014
Last updated 13 hours ago
Feb 18 2014 | 9:58am ET
Legendary hedge fund manager George Soros' family office is betting on banks—and a big stock-market correction.
Soros Fund Management opened new stakes in Citigroup and JPMorgan Chase in the fourth quarter, it said in a regulatory filing. And it more than doubled its short against a Standard & Poor's 500 Index exchange-traded fund, which is now its largest position at $1.3 billion.
The filing also showed that Soros exited its investment in Chevron and cut its stakes in Herbalife and J.C. Penney Co.
Soros returned outside capital in 2011.
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.