“Reality is what we take to be true. What we take to be true is what we believe. What we believe is based upon our perceptions. What we perceive depends upon what we look for. What we look for depends on what we perceive”
— David Bohm to Albert Einstein,1956
Brazil’s B3 overtakes CME Group in rankings for largest derivatives exchange
CME Group had previously been ranked second largest in terms of trading volume, losing first place to the National Stock Exchange of India last January.
ByAnnabel Smith
US derivatives exchange CME Group has dropped...
Ten-fold Growth and a 740 Percent Stock Gain: Cathie Wood’s Breakout Year by the Numbers
ARK Investment Management’s assets grew 11-fold to $34.5 billion over the course of 2020.
Amy Whyte
January 20, 2021
Catherine Wood, CEO of ARK Investment Management. (Christinne Muschi/Bloomberg)
In...
Kyle Bass Barred From Making Stuff Up About Lawyers For REIT He Accuses Of Making Stuff Up (Deal Breaker)
Whether or not Hayman Capital Management’s Kyle Bass can say what he likes about real-estate investment trust manager United Development Funding – and those things include that it is a...
Netflix CRUSHES:After adding a record 36.6m subs in 2020 (it has 200m+ total), the streamer says it won’t need to raise any more debt and will be break-even next year, perBloomberg’s Lucas Shaw. $NFLX was up 12%+ after hours.
Bumble-- the dating app founded by Whitney Wolfe Herd (co-founder of Tinder) -- could be worth $10B, more than 3x its last private round, per Reuters. In comparison, Match Group (owner of OkCupid, Hinge, Tinder etc.) is up ~2x in the past year.
Billionaire Hedge Funder Dan Loeb Buys Waterfront Miami Beach Estate: Sources (The Real Deal)
Spec home developer Peter Fine sold a Miami Beach mansion to billionaire hedge fund manager Dan Loeb for $20 million, The Real Deal has learned. Fine’s 6440 NBR LLC sold the six-bedroom...