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Markets[/paste:font] Whistleblowers say Florida investment firm has inflated value, earnings of its main fund Whistleblowers say TCA Fund Management Group has $300 million in assets, not $500 million, and is earning 1.92 percent a year, not 7 or 8 percent. TCA founder and Chairman Bob Press.TCA...

Cohen’s Point72 Approaching Peak Assets (HFAlert.com) The assets of Steve Cohen’s Point72 Asset Management could soon surpass those of predecessor SAC Capital. Point72 was running $16.1 billion this month. At its peak in 2008, just before the worst of the global financial crisis, SAC had $16.8...

Bezos hack Jeff Bezos's phone was allegedly hacked by Saudi Crown Prince Mohammed bin Salman a couple years back, according to a digital forensic analysis that found evidence of spyware being implanted via a video file sent to the Amazon boss from MBS's personal WhatsApp account. All this...

Amazon continues its War on Friction by letting people pay with the palms of their hands Amazon isbuildingin-store checkout terminals that can scan customers’ hands instead of their credit cards, according toThe Wall Street Journal. The company is working with Visa (and in talks with...

Billionaire Chris Hohn Becomes A Hedge Fund Giant(Forbes) Chris Hohn’s hedge fund firm,TCI Fund Management, made more money in financial markets than any of the world’s most successful hedge fund firms in 2019, marking his ascendancy in the trading world. According to LCH Investments’ annual...

Hedge funds up 8.74 per cent in 2019, says Eurekahedge SUBMITTED 21/01/2020 - 9:28AM The Eurekahedge Hedge Fund Index returned 8.74 per cent in 2019, supported by the risk-on sentiment among investors and positive geopolitical developments throughout the year. Roughly 44.6 per cent of the...

A recent article on Forbes.com had the eye-catching headline "Americans Rank A Google Internship Over A Harvard Degree".

"There is no end, there is no beginning. There is only passion of life." - Frederico Fellini

Fertility business Big bucks are starting to flow into the fertility industry, with investors drawn by high margins and increasing success rates. The industry is booming largely because women are choosing to have children later. But some medical insiders warn it's an under-regulated field, with...

Ghosn countered Japan has hit back at Carlos Ghosn's accusations of "hostage justice," following the former Nissan chief's escape to Lebanon. The justice ministry published an FAQ defending its treatment of detainees and maintaining that its criminal justice system "does not force confessions...

Most admired Fortune's rundown of the most admired companies is out—and Apple tops the rankings for a stunning 13th year in a row. Meanwhile Microsoft is in the top five for the first time in 15 years, seizing the number-three spot. Who's off the All-Star list? Boeing, Facebook and Samsung...

Facebook jobs Facebook is adding a further 1,000 jobs in the U.K. this year, bringing the total to over 4,000. COO Sheryl Sandberg will announce the hiring spree today in London. A key focus here will apparently be the handling of toxic content on the platform—so lots of "artificial...

Virus impact The novel coronavirus that is spreading in and around China—it just claimed a sixth life—has knocked stocks in mainland China and Hong Kong. Tourism and retail shares were particularly hard hit. The Hang Seng was down 2.8% (which was also partly down to Moody's downgrading Hong...

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Most likely wood stoves...

“It is surmounting difficulties that makes heroes.” - Louis Pasteur

1) https://www.bloomberg.com/news/features/2020-01-16/nobody-makes-money-like-apollo-s-ruthless-founder-leon-black 2)https://www.bloomberg.com/news/videos/2020-01-16/why-leon-black-is-the-most-feared-man-in-private-equity-video

The Dow Rose 50 Points Because Stocks Are Breaking Records Every Day By Evie Liu Jan. 17, 2020 5:17 pm ET Text size Illustration by Michael George Haddad New Records, Again.U.S. stocks continued to rise on Friday, adding to Thursday’s record closing highs. Investors were encouraged bystrong...

College Degrees Used to Make Families Wealthier. That’s No Longer True The high cost of education and soaring student loan debt has choked off the net worth of younger families. Benjamin Reeves Published on January 14, 2020 SHARE Photo by Andre Hunter / Unsplash Historically, a bachelor’s...