Investors in Tesla have once again experienced disappointment with the decision by the S&P 500’s index committee’s decision to leave Tesla once again out of the respected index. Hope is not completely extinguished for Tesla cheerleaders. It often happens that mergers of other companies already on the index will leave a space for the iconic …
Continue reading “Tesla Not (Yet) Admitted to S&P 500 Index”
The hedge fund manager who became famous for predicting the fall of Enron and then cashing in on his prediction, Jim Chanos, is now forseeing that Elon Musk’s Tesla is poised for a similar fall. Chanos explained his position at the CNBC Institutional Investor Delivering Alpha conference held on Tuesday. Placing his short bet on …
Continue reading “Chanos Shorting Tesla as Musk Attempts to Buy SolarCity”
A well-known investment banking company took a look at 708 hedge funds to see how they compare with the performance of the S&P 500. Not so surprisingly, all those funds taken together gained on average 4 percent, while the S&P climbed up by a juicy 20 percent. The 708 funds represented about $1.5 trillion in …
Continue reading “This Year Hedge Funds Can’t Compare with S&P 500”