"For years I kept these memos away from anything related to politics. But more recently I began to discuss issues facing the United States, and this has required some mention of policy and thus of politics. I’ve tried very hard to be non-partisan, with a goal of not having readers know my leanings...Because I found America’s recent presidential election – and especially the results – so fascinating, I’m going to move explicitly to the field of politics, but with the same goal of non-partisan expression...If you believe the exit polls, people who were positively influenced by the handling of Sandy could have made up all or more of Obama's 2.8% margin of victory. If it's true that Sandy was the deciding factor for 15% of the electorate, and if it caused just a fifth of those people to switch to Obama, that means without Sandy, Romney would have won. I find it shocking that the choice of a president for four years could turn on something as fickle as the weather." [Howard Marks]
Dan Loeb Could Easily See The Next Game Of Thrones Book Focusing On Portfolio Positioning And Factor Risk
The Third Point manager feels like he's going into battle every damn day.
Area Hedge Fund Manager Takes President's Breath Away
From the front lines: From: Whitney Tilson Sent: Wednesday, April 11, 2012 11:20 AM Subject: My column: "A millionaire for higher taxes" In DC, just chatted with Obama and stood behind him at his press conference re the Buffett rule. Just published the column below on the Washington Post web site. As I shook his hand beforehand, I said, "Hi Mr. President, I'm Whitney Tilson of Democrats for Education Reform. We were early supporters of yours and I just wanted to thank you and Arne Duncan for the incredible work you're doing." His eyes lit up and he said, "I remember your early support. We're making progress but we still have a lot of work to do." I said, "We'll keep fighting for you" as he was hustled out of the room to start the press conference.
No One Is More Disappointed In Larry Robbins Than Larry Robbins: Larry Robbins
2015 has been a bit of an annus f*cking horribilis for the hedge fund manager but it's not over yet.
Larry Robbins Isn't Sure, But He Thinks A Giant Tuna Tried To Kill Him
He shared the harrowing tale with investors this month.