Why Hedge Fund Baron Jeff Vinik Can't Keep The Lights On
The sun rises and sets. The tides come in and go out. The moon waxes and then wanes. Jeff Vinik launches hedge funds, and then closes them.
The sun rises and sets. The tides come in and go out. The moon waxes and then wanes. Jeff Vinik launches hedge funds, and then closes them.
Baron Capital founder also has a startling 650,000 target on the Dow, provided of course investors will "hold the course" until the early 2070s.
Should the entire financial sector sell at a huge market discount? Maybe this is what percolates in Buffett's brain but he never shows all his cards.
Yale economist is better known for seeing bubbles everywhere all the time. For once he can't find anything wrong with the economy for years to come.
Forget the Twitter. Jim Rogers, chairman of Rogers Holdings Inc., says investing in crops could be a winner. Mark Mobius has his eyes set on gold.
Woodford Investment Management is shutting after its eponymous boss was sacked from its flagship fund, once a $15 billion money winner.
“If Treasury rates are going to fall from here, something bad is happening,” Jeffrey Gundlach, chief executive of DoubleLine Capital, said.