Hedge Funds & Private Equity
Thomas Gayner parlayed a stockbroker career into the top job at Virginia’s $16 billion Markel Group, a specialty insurer with a penchant for investing in stocks and privately owned businesses. Meet Richmond’s answer to the Oracle of Omaha. By Bob Ivry, Former Staff Thomas Gayner gets a kick out of…
Since I last wrote on the rise of the far-right in ‘Spode’, they have become marginally more popular though importantly not more powerful and, worryingly more dangerous. In Germany, there has been a spate of arrests of members of AfD (Alternativ fur Deutscheland) and in Slovakia Roberto Fico who is…
After years of turbulence, including jail time for the founders of the two biggest cryptocurrency exchanges, many providers are getting serious about controls and regulation. Coinbase leads our list of the 20 most trustworthy marketplaces in an industry that still requires caution. By Javier Paz, Forbes Staff With the sentencing…
Value investors worship Warren Buffett. But his amazing investment success stems as much from his astute understanding of consumer behavior as it does from his ability to ferret out financial bargains. By John Dobosz, Forbes Staff Warren Buffett is something of a national treasure. Since 1965, his Berkshire Hathaway has…
Welcome to your first 13F season, bitcoiners! Since the bitcoin Bitcoin spot ETFs launched on January 11, this marks the first quarter we’ll see which investment managers have been orange-pilled (that’s Bitcoinese for people who have wholeheartedly embraced the digital asset). But, hold your applause—just because Blackrock’s iShares Bitcoin Trust,…
Jim Simons, a math professor turned hedge fund founder who pioneered investing with automated quantitative models and used his riches to become one of America’s leading philanthropists, died Friday at age 86 at his home in Manhattan, his foundation announced. Simons was a mathematical genius who chaired the math department…
When central banks fall down, they often call other central bankers to help out. The Riksbank asked Mervyn King, governor of the Bank of England up to 2013, to examine its forecasting ability over the course of the 2010’. More recently, the Bank of England whose own forecasting went askance…
How a visionary CEO transformed the fortunes of the Danish drugmaker In the Man Markets Meeting this week, the great Rory Powe – soon to celebrate a decade at Man Group – spoke eloquently about Novo Nordisk, a firm whose GLP-1 semaglutide treatments for diabetes (Ozempic) and obesity (Wegovy) are…
Investors have trashed the media giant’s stock, but through the lens of one of Warren Buffett’s favored metrics the baby might have gotten thrown out with the bathwater. By Brandon Kochkodin, Forbes Staff There are plenty of reasons to doubt Warner Bros. Discovery. The media giant was formed in 2022,…
The last time that Xi Jinping visited France (2019) Emmanuel Macron presented him with a 1688 copy of ‘An Introduction of The Analects of Confucius’. Xi is back in Paris this weekend, his fourth visit, placing France alongside Kazakhstan and South Africa as Xi’s favourite destinations after the US (five…
