Hedge funds seem to be rebounding from their years-long slump, with 2017 being spectacularly lucrative for the extremely lucky few. Four hedge fund managers realized personal annual earnings topping the one-billion-dollar mark, an astronomically good years wages by anyone’s standards. Those four include James Simons of Renaissance Technologies with a sweet $1.7 billion; David Tepper …
Continue reading “Top 25 Fund Managers Earned $15.38 Billion Collectively in 2017”
Hedge funds seem to be showing a positively lackluster performance as summer winds down and Labor Day celebrations get underway. A review of how some of the biggest names in hedge funds are doing shows the answer is “not too good” while, for comparison, the broader stock market arena is already surging with 8 percent …
Continue reading “Hedge Funds Falter as End-of-Summer Numbers Arrive”
Appaloosa Management is an employee-owned hedge fund established in 1993 by David Tepper and Jack Walton in New Jersey, USA. Appaloosa Management runs four investment firms, including its offshore Palamino Fund LTD, two versions of the Thoroughbred fund, both offshore and onshore, and its leading fund, Appaloosa Investment. The firm invests in both public equity …