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Hedge Fund Boss Pays Himself £200m Despite Fund’s Profits Falling (The Guardian) The billionaire hedge fund manager Sir Chris Hohn paid himself £200m last year, slightly more than his Children’s Investment (TCI) fund made in profit. Hohn, the son of a Jamaican car mechanic who emigrated to...

GAM Accused of Accounting Misstatements Connected to Hedge Fund Acquisition (The Wall Street Journal) The Swiss stock exchange on Wednesday accused beleaguered money manager GAM Holding AG of accounting misstatements connected to its 2016 acquisition of a U.K. hedge fund. Zurich’s SIX exchange...

Legal Shield U.S. tech giants fought hard to include immunity language in the new trade pact with Mexico and Canada, but Democratic House Speaker Nancy Pelosi is pushing for the protections to be removed. This is apparently because including them in a trade pact may make it more difficult to...

Robinhood Red Flags Is the stock-buying app Robinhood to be lumped in with overvalued, actually-low-margin startups such as WeWork and Uber? Red flags include a series of missteps such as Robinhood's bungled 3%-interest savings product, strong competition from other brokerages that are also...

“Strength and growth come only through continuous effort and struggle.” - Napoleon Hill

"Choose to live in high frequency emotions such as love, kindness and joy. You’ll never regret lifting yourself up and others." - Abigail Doolittle (@TheChartress)

https://nypost.com/2019/12/03/pablo-escobars-brother-launches-foldable-smartphone-with-busty-models/

Would you buy a house in a community with no cars? The founders of a new housing development called Culdesac certainly think so. Culdesac, which calls itself the “first car-free neighborhood from scratch in the United States,”plans to open its doors in Tempe, Arizona, in fall 2020. And they...

Uighur Bill China is most displeased after the U.S. House of Representatives approved a bill (by 407 votes to one) that forces the Trump administration to condemn abuses against Uighur Muslims in the Xinjiang region, and to impose sanctions on the province's Communist Party secretary, Chen...

Pichai Up Google CEO Sundar Pichai is taking over the reins at parent company Alphabet, too. Google co-founders Larry Page and Sergey Brin are stepping down, though they will remain on the board (and keep controlling Alphabet through their special voting stock). Fortune

Hedge Fund Billionaire Buys Florida Mansion for $111 million, Setting State Record (CNBC) Hedge fund billionaire Steven Schonfeld and his wife bought a sprawling Palm Beach estate for $111 million, making it the most expensive home ever sold in Florida. Schonfeld, founder of New York-based...

https://www.artnews.com/art-news/news/inigo-philbrick-dealer-lawsuits-explained-1202670107/

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"You need to see your scars in a new light. God didn’t allow that scar to discourage you. He allowed it to remind you of what He brought you through." - Joel Osteen (@JoelOsteen)

Yes, full-time.

Trading is cyclical and one day what he does will be in vogue again. ps he is a minority owner of NBA's Milwaukee Bucks...

I'll give you three that I like Top Traders Unplugged, Macro Voices and MebFaber...

I have not counted the number but I am subscribed to quite a few financial newsletters ( no penny stuff) and I read a few newspapers online daily. I skim through the first paragraph or two and if it catches my attention then I'll continue reading. I also watch/ listen several podcasts a week.

The coffee industry is brewing up a 3rd batch of buzzy beaneries A number of craft-coffee startups are growing fast and raising big bucks to challenge Big Bean barons like Starbucks and Dunkin’. And, as Fast Company reports, these craft-coffee companies are also brewing up some big business...

Crypto Senator Kelly Loeffler, the CEO of the Intercontinental Exchange-owned Bitcoin-storage-and-futures outfit Bakkt, is reportedly to be tapped as interim senator for Georgia. Governor Brian Kemp apparently wants Loeffler, a big GOP donor, to occupy the seat of Senator Johnny Isakson, who...