In the News

Is Tesla the New Enron?

April 16, 2018 James Heinsman Company Spotlight

Some analysts are wondering if high-flying Tesla will end up being the huge disappointment Enron turned out to be: one of the biggest failures in Wall Street history. Harris Kupperman of Praetorian Capital has been wondering out loud if Tesla is on its way to oblivion. Short-seller Jim Chanos said something similar about Tesla near […]

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Denver Post in Open Rebellion Against Its Hedge Fund Owner

April 8, 2018 James Heinsman In the News

Pulitzer Prize winning Denver Post finally decided to take action to improve what was becoming an increasingly untenable position for the 125-year-old newspaper. Over the weekend the paper went to its own opinion page declaring “News Matters- Colorado should demand the newspaper it deserves.” This move was a response to a problem that effects newspapers […]

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Alden Global Capital, Denver Post, MediaNews Group, Pulitzer Prize,

Asian Startups Worth Watching

January 29, 2018 James Heinsman In the News

Asia is certainly a place to keep your eyes open for emerging hedge funds. Last year, as Asia-focused funds were some of the top performers, global investors are showing more of an interest in the area. In 2017, an estimated 37 Asia-focused hedge funds started. Interestingly however, the average new fund last year started with […]

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Lawsuit Brought Against Managers for Poor Returns

January 1, 2018 James Heinsman In the News

Kentucky state taxpayers and the Kentucky Retirement Systems’ pension plans had a group of lawyers file on their behalf a lawsuit against KKR & Co., Blackstone Group and their founders. The lawyers are being advised by William Leach, who is a former class-action lawyer who, at the height of his powers engendered fear at corporations […]

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Carried Interest Will Not Go Away

December 26, 2017 James Heinsman In the News

Despite the best efforts of the White House and outspoken economists, the notorious tax loophole for the rich known as Carried Interest is still part of the tax code. The administration’s chief economic advisor, Gary Cohn, explained that the White House tried tirelessly to erase this hedge-fund loophole in the tax reform bill. Getting rid […]

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carried interest, Gary Cohn, Stanley Druckenmiller, tax loopholes, Warren Buffet,

Is Bitcoin in a Bubble? Experts Say Yes

December 4, 2017 James Heinsman In the News

As the value of one bitcoin explodes past $11,000, some in the hedge fund community are bad-mouthing the rise of the mysterious cryptocurrency. Ken Griffin, founder and CEO of the Citadel hedge fund, compares the recent blast-off of bitcoin to the infamous tulip bulb bubble in 17th century Holland, also known as “tulipmania.” Griffin believes […]

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bitcoin, blockchain, bubble, Citadel, Jim Cramer,

Bitcoin Boom Boosts Bill Miller’s Fund into the Stratosphere

November 6, 2017 James Heinsman In the News

Superstar fund manager Bill Miller loaded his MVP 1 fund with bitcoin this year, and has seen mind-bending growth of 72.5% so far this year. Miller is known for beating the S&P 500 for 15 years straight when he worked for Legg Mason, until the 2005 recession cramped his style. In August 2016, after 35 […]

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Bill Miller, bitcoin, Legg Mason, MVP,

Bannon Vows to Bust Billionaire Republican Supporter Singer

October 30, 2017 James Heinsman In the News

According to a report from Axios, Steve Bannon, the ex-White House Chief Strategist and owner of ultra-right-wing Breitbart News, told President Donald Trump he was going to go “off the chain” to destroy Paul Singer. Singer is the head of hedge fund Elliot Management, and a major donor to Republican causes and candidates. This news […]

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Axios, Donald Trump, Elliot Management, Fusion GPS, Paul Singer,

Bridgewater Losing Another Top Exec

October 15, 2017 James Heinsman In the News

Bridgewater Associates, the world’s largest hedge fund, is saying good-bye to marketing head Parag Shah, who “recently agreed to step aside,” according to a Wall Street Journal report. Shah has been with Bridgewater, which controls $160 billion, since 2002. He will stay on the payroll during a “period of transition.” It is not a shock […]

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Bridgewater Associates, Parag Shah, Ray Dalio,

Women-Run Funds Outperforming Those Managed by Men

September 25, 2017 James Heinsman In the News

According to the HFRX Women Index, a list that examines the success (or lack thereof) of hedge funds run by women, revealed that women-run funds outperformed male-run funds by 2.5 times. This finding is one more bit of evidence that the hedge fund sector, which has been labeled as “male, pale and stale,” could use […]

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Helena Morrissey, HFRX Women Index, Legal & General Investment Management, UC Berkeley,

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