the_unlettered_tellurian

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Archive for August 20th, 2008

Rigged Diggs…

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Everyone knows it’s tough to maintain sanity and democracy at the same time in an online ecosystem, but it’s still amusing to read about how this guy cracked open the malicious practices of some of the “sophisticated” diggers using good old “talking”

Written by theunletteredtellurian

August 20, 2008 at 9:59 pm

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Dan Loeb’s letter on hedge fund Third Point’s losses

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Alpha has this news about Third Point LLC’s outspoken and brash CEO Daniel Loeb writting a letter to his investors indicating it’s losses resulting from a sharp reversal in energy and financial stocks in the first three weeks of July have wiped out all profits made in the quarter.
To add to the firms woes, the SEC has apparently begun a formal investigation into Third Point’s communications with portfolio managers at other hedge funds.
Wall Street’s poison pen lived up to his reputation as he wrote “As a friend said to me, ‘Capitalism without bankruptcy is like Christianity without Hell.’” in the letter.

Loeb was listed in the “Bad Boys – The Meanest” category in this 2007 New York Magazine special feature ranking some of the best hedge-fund managers.

Written by theunletteredtellurian

August 20, 2008 at 7:26 am

Peter Thiel in Bloomberg Markets (Jan 2007 ‘Hedge Fund’ issue)

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Found this article on hedge fund manager Peter Thiel from Clarium Capital Management. It appeared in the January 2007 ‘Hedge Fund’ special issue of Bloomberg Marketsmagazine.
Apart from giving brief details of Peter’s background and a glimpse into his personality, the article gives a perspective on his investment strategies and a broad overview of the bets he’s placed.

Peter was listed in the “Whippersnappers – Legends in the making” category in this 2007 New York Magazine special feature ranking some of the best hedge-fund managers.

On interesting bit of info I found in the article is that Peter Thiel happens to have executive produced of the 2005 movie Thank You for Smoking. Didn’t know about that before!

Written by theunletteredtellurian

August 20, 2008 at 6:31 am

Stockerblog’s celebrity indexes outperform the Dow Jones Industrial Average

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stockerblog has this post stating that three of their celebrity stock indexes have outperformed the Dow Jones Industrial Average over the last six months.

The concerned celebrities are Brazilian supermodel Gisele Bündchen, German supermodel Heidi Klum, and actor Angelina Jolie.

According to the blog, the celebrity indexes are based on the companies that the stars are connected to in some way, such as acting as celebrity spokesperson.

While the Dow Jones Industrial Average was down 10.3% in the past six months, the indexes of the individual stars performed better. The stocks considered in each of the celebrity indexes, as given on the blog, are listed below…

Gisele Bundchen (up 1.6% in six months)
Volkswagon (VLKAY.PK)
Polo Ralph Lauren Corp. (RL)
Vivo Participacoes (VIV)
News Corp. (NWS-A)
Sony (SNE)
Procter & Gamble (PG)
Disney (DIS)

Heidi Klum (down 0.6% in six months)
Limited (LTD)
McDonalds (MCD)
Volkswagon (VLKAY.PK)
Target (TGT)
Procter & Gamble (PG)
Nike (NKE)
Jones Apparel Group Inc. (JNY)
Hennes & Mauritz AB (HNNMY.PK)

Angelina Jolie (down 10% in six months)
Sony (SNE)
Viacom (VIA-B)
Time Warner (TWX)
News Corp. (NWS-A)
General Electric (GE)
Disney (DIS)
Lions Gate Entertainment (LGF)
Comcast (CMCSA)

You can getting a better idea of stockerblog’s indexes here.

Written by theunletteredtellurian

August 20, 2008 at 5:04 am