rankings

Once again, as it does every year, US News has released its ranking of the best, not bad, and okay business schools. As this is the sort of thing that inspires unbridled rage over perceived slights like finding out your alma mater dropped one spot or having to suffer the indignity of an inferior institution being too close on the list, and many of your are plain itching to get into a fight, everyone should feel free to do it in this controlled space.

If you’re having trouble working yourself up into a lather but don’t want to be left out of the fun, perhaps consider how it must feel for Wharton to finally have cracked the number one slot only to find out that it’s being split three ways not just with Harvard but with a school that will let anyone in.

104. Northern Arizona University Read more »

  • 20 Nov 2013 at 3:03 PM

Life At JP Morgan Is Looking Up

Yes, the bank just agreed to pay $13 billion to settle only one of the many investigations into its practices. Yes, #AskJPM didn’t exactly go off as planned. Yes, the public outrage reserved for Goldman Sachs has all but turned to 270 Park. Yes, the firm’s headquarters are visited regularly by an exorcist.

And yes, on the surface, all of that looks pretty bad. But none of it matters. Not when a dating website proclaims your (male) employees to be the 4th hottest in New York based on the results of a study that real science went into it doesn’t. Read more »

What motivates a hedge fund manager to continue busting his ass to churn out profits year after year, once he’s already amassed a fortune most people can’t even fathom, when he could easily pack it all in and live more than comfortably without ever working another day? For some, it’s the thrill. For others, it’s the trophy’s wife’s shoe habit. For Crispin Odey, it’s the chickens.

The Odey Asset Management founder (and sausage brand ambassador)’s got a mess of high-maintenance ones and earlier this year, had architects draft blueprints of a “Palladian-style” mansion he intended to build them (seen at left), replete with a grey zinc roof, “pediments, cornice, architrave, and frieze in English oak,” and columns “hewn from the finest grey Forest of Dean standstone.” After finishing 2011 down 20.3%, things were no doubt more than a little tense over in Herefordshire, where questions of whether or not construction would have to be halted, or if they’d have to make the switch to [whispers] generic-brand feed. Certainly a moment of panic swept over Odey each day when he returned home, wondering as he turned the knob if he’d be entering an empty house, the chickens gone and a note explaining they couldn’t do this anymore on the fridge. Ran off with the general contractor because what was the point of shacking up with a money manger if the money wasn’t there? Luckily for all parties involved, it won’t have to come to that; according to Bloomberg Markets’ annual ranking of the top performing hedge funds, performing under pressure is one of Odey’s specialities. Read more »

US News has regaled us with its annual ranking of the top business schools. I know you need a safe space to get huffy about perceived slights (be it your MBA program being lower than you believe is accurate or by having to suffer the indignity of an inferior institution being too close on the list), so let it out here and now. (Tomorrow Matt will lead us in a rousing discussion over the best CFA test prep classes.)

101. Rollins College (Crummer)
[...]
25. Ohio State University (Fisher)
24. Georgetown University (McDonough)
23. Indiana University–Bloomington (Kelley)
22. Washington University in St. Louis (Olin)
21. University of Southern California (Marshall)
19. University of North Carolina–Chapel Hill (Kenan-Flagler)
19. Emory University (Goizueta)
18. Carnegie Mellon University (Tepper)
17. University of Texas–Austin (McCombs)
16. Cornell University (Johnson)
15. University of California–Los Angeles (Anderson)
13. University of Virginia (Darden)
13. University of Michigan–Ann Arbor (Ross)
12. Duke University (Fuqua)
11. New York University (Stern) Read more »

  • 12 May 2011 at 2:11 PM

The 25 Biggest Hedge Funds

For those size queens out there, Institutional Investor has compiled the 2011 rankings.

25. ESL Investments ($14.0 billion)
23. Moore Capital ($15.0 billion)
23. Appaloosa Management ($15.0 billion)
22. Davidson Kempner Capital ($15.3 billion)
21. DE Shaw ($15.6 billion)
20 Landsdowne Partners ($16.146 billion)
19. AQR Capital ($16.7 billion)
18. Elliott Management ($16.8 billion)
17. Renaissance Technologies ($17.0 billion)
16. Winton Capital Management ($17.78 billion)
15. Avenue Capital ($18.3 billion)
14. Goldman Sachs Asset Management ($19.8 billion)
13. King Street Capital (($19.9 billion)
12. Farallon Capital ($21.5 billion)
11. Baupost Group ($23.4 billion) Read more »

Men too! According to Fortune‘s annual ranking of the “50 most admired companies,” Blankfein’s Goldman is 25 overall (the top 50 also includes JPMorgan and Wells Fargo) and number one out of the “megabanks.” In that category, here’s how the rest stacked up:

16. Royal Bank of Scotland
15. Mizuho Financial Group
14. Citigroup
13. Bank of America
12. Sumiomo Mitsui Financial Group
11. Unicredit Group
10. BNP Paribas
9. Deutsche Bank
7. UBS
7. Morgan Stanley
6. Barclays Read more »

  • 27 Jan 2011 at 4:16 PM

Which Wall Streeters ‘Run’ The Art Market?

With few exceptions (thinking about how they could do things like buy a random restaurant just to fire the rude waiter who serviced them, having an IHOP built in their bedroom), few things are more satisfying to financiers than buying multi-million dollar pieces of art to hang above their toilets. Every now and then it’s important to recognize who the most important people in this game are; today the Observer has ranked the Top 50 New York buyers who “move the art world.” You’re allowed two guesses as to who comes in at number one but you”ll only need one. Hint: no profile of him shall be written without mentioning that he owns expensive art; his tastes range from Warhols to animals-in-formeldahyde to pieces of ass; if he so much as smells a drop of grease within 200 feet of his pictures he’ll shut down the area and interrogate every suspect; and his greatest gift to the world, upon retirement, will be a self-created multi-media nude, expected to fetch upwards of 9 figures. Read more »