In the News

Jen Lai Picks Another Sleeper Stock After Big Win

April 10, 2019 James Heinsman In the News

Jen Lai seems to know what to look for when it comes to stock picks. If the past is a harbinger of the future, then we can expect Jen Lai’s next pick to cash in. Over the past two years Lai had her money on GDS Holdings, a data center operator based in Beijing. The […]

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Dalton Investments, GDS Holdings, Jen Lai,

Pharo Management Says No to Saudi Money in Response to Khashoggi Murder

March 28, 2019 James Heinsman In the News

In what is a highly unusual move, UK-based Pharo Management LLP returned close to $300 million it had been investing for Saudi’s central bank, known as the Saudi Arabian Monetary Authority, or SAMA. The firm’s founder, Guillaume Fronkenell told investors in January that it had decided to uphold its principles and return the money to […]

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Guillaume Fronkenell, Jamal Khashoggi, Pharo Management, Saudi Arabia,

New Study Shows Women and Hedge Funds Still Don’t Mix

March 4, 2019 James Heinsman In the News

According to a new report released by Preqin, women make up less than 20% of the hedge fund industry’s work force, a number that has barely changed since November 2017. Women are even rarer in the upper echelons of the $3.2 trillion sector, composing a mere 11% of the senior execs. In November 2017 Preqin […]

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Absolute Return, Girls Who Invest, Preqin, women,

Pair of Brexit Supporters Say Brexit Won’t Happen

January 31, 2019 James Heinsman In the News

Hedge fund manager Crispin Odey and billionaire Peter Hargreaves, the second biggest supporter of the campaign to for Britain to leave the European Union in 2016, both say that Brexit will never happen. Head of Odey Management, Odey, says his pessimism about Brexit is propelling him to position his assets in such a way that […]

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Brexit, Crispin Odey, European Union, Hargreaves Lansdown, Odey Management,

Klarman and Dalio Pessimistic in Davos

January 22, 2019 James Heinsman In the News

Hedge Fund superstars, Ray Dalio and Seth Klarman, both expressed worry over the global economy during the annual World Economic Forum that meets each year in Davos, Switzerland. Klarman’s dire warning was issued in a letter and caused a buzz at the prestigious conference. Called the next Warren Buffett by some, Klarman runs the Baupost […]

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Baupost Group, Bridgewater Associates, Ray Dalio, Seth Klarman,

Gold Adds Element of Stability to Tumultuous Times

December 25, 2018 James Heinsman In the News

Money managers see chaos looming in the international markets, making them buy gold more than have been in at least six months. Prospects of global growth seem dim, bringing equities down and making investors nervous. This is at least part of the reason why investors have purchased about $1.25 billion worth of precious metals via […]

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ETFs, Federal Reserve, Gold, Quincy Krosby,

Fund Manager Holding Back Tears as He Regretfully Says Good-by to Clients in Heart-Breaking Video

December 2, 2018 James Heinsman In the News

James Cordier, founder of OptionsSeller.com, posted a video in which he apologized to his many clients, who he refers to as “family,” after sustaining losses guessed to be about $200 million. The company was essentially wiped out due to the recent roller-coaster ride of oil and natural gas prices. The firm was vulnerable to the […]

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James Cordier, OptionsSellers.com, Reddit,

Rethinking Capitalism

November 25, 2018 James Heinsman In the News

According to a Gallup poll, about 51% of the US population say they are opposed to capitalism. Only 34% labeled themselves as capitalists, while 15% said they did not know. Paul Tudor Jones II presented this data to his audience at the Greenwich Economic Forum in Connecticut in mid-November and used it as a starting […]

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Paul Tudor Jones. Tudor Investment, Ray Dalio,

Hedge Fund Advisor Josh Rosner Claiming Financial Disability to Get IRS Refunds

November 8, 2018 James Heinsman In the News

Joshua Rosner became well known after he correctly predicted the collapse of the US housing market, the dangers lurking behind the doors of Freddie Mac and Freddie Mae, and the subsequent financial crisis. He was subsequently sought after as a thought leader on business news programs and as a witness in Congress. He even ended […]

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financial disabiltiy, IRS, Joshua Rosner, PTSD, refunds,

Hedge Funds Betting Big on Distressed New York Taxi Business

October 18, 2018 James Heinsman In the News

Hedge funds specializing in buying into distressed sectors in the hope of seeing a turn around in that sector’s popularity, have been buying what used to be coveted taxi medallions. The value of medallions, the metal shield that taxi owners attach to the hood of their cabs are the license that legally allows cabs to […]

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Lyft, Marblegate Asset Management LLC, Matthew Daus, medallion, taxi,

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