If you enjoy the finer things in life, then you’ll love the action taking place in the specialty retail market. Great paintings, sculptures and fine jewelry are not only to be appreciated, but they can make for great investments as well.#-ad_banner-# We’ve already seen one shake-up in the specialty retail industry this year. Billionaire John Paulson is taking famous piano maker Steinway Musical Instruments private for $512 million. The bidding war between Paulson,… Read More

If you enjoy the finer things in life, then you’ll love the action taking place in the specialty retail market. Great paintings, sculptures and fine jewelry are not only to be appreciated, but they can make for great investments as well.#-ad_banner-# We’ve already seen one shake-up in the specialty retail industry this year. Billionaire John Paulson is taking famous piano maker Steinway Musical Instruments private for $512 million. The bidding war between Paulson, private equity firm Kohlberg & Co. and Samick Musical Instruments has driven Steinway’s stock up 90% this year. While Paulson is a fan of pianos, it’s no secret that billionaire and activist investor Daniel Loeb loves art. He is said to have various pieces of art hanging in his Park Avenue office and enjoys going to art shows. Loeb and his Third Point hedge fund are coming off one of their biggest wins after helping turn around Yahoo (Nasdaq:… Read More

If you enjoy the finer things in life, then you’ll love the action taking place in the specialty retail market. Great paintings, sculptures and fine jewelry are not only to be appreciated, but they can make for great investments as well.#-ad_banner-# We’ve already seen one shake-up in the specialty retail industry this year. Billionaire John Paulson is taking famous piano maker Steinway Musical Instruments private for $512 million. The bidding war between Paulson,… Read More

If you enjoy the finer things in life, then you’ll love the action taking place in the specialty retail market. Great paintings, sculptures and fine jewelry are not only to be appreciated, but they can make for great investments as well.#-ad_banner-# We’ve already seen one shake-up in the specialty retail industry this year. Billionaire John Paulson is taking famous piano maker Steinway Musical Instruments private for $512 million. The bidding war between Paulson, private equity firm Kohlberg & Co. and Samick Musical Instruments has driven Steinway’s stock up 90% this year. While Paulson is a fan of pianos, it’s no secret that billionaire and activist investor Daniel Loeb loves art. He is said to have various pieces of art hanging in his Park Avenue office and enjoys going to art shows. Loeb and his Third Point hedge fund are coming off one of their biggest wins after helping turn around Yahoo (Nasdaq:… Read More

If you enjoy the finer things in life, then you’ll love the action taking place in the specialty retail market. Great paintings, sculptures and fine jewelry are not only to be appreciated, but they can make for great investments as well.#-ad_banner-# We’ve already seen one shake-up in the specialty retail industry this year. Billionaire John Paulson is taking famous piano maker Steinway Musical Instruments private for $512 million. The bidding war between Paulson,… Read More

If you enjoy the finer things in life, then you’ll love the action taking place in the specialty retail market. Great paintings, sculptures and fine jewelry are not only to be appreciated, but they can make for great investments as well.#-ad_banner-# We’ve already seen one shake-up in the specialty retail industry this year. Billionaire John Paulson is taking famous piano maker Steinway Musical Instruments private for $512 million. The bidding war between Paulson, private equity firm Kohlberg & Co. and Samick Musical Instruments has driven Steinway’s stock up 90% this year. While Paulson is a fan of pianos, it’s no secret that billionaire and activist investor Daniel Loeb loves art. He is said to have various pieces of art hanging in his Park Avenue office and enjoys going to art shows. Loeb and his Third Point hedge fund are coming off one of their biggest wins after helping turn around Yahoo (Nasdaq:… Read More

If you enjoy the finer things in life, then you’ll love the action taking place in the specialty retail market. Great paintings, sculptures and fine jewelry are not only to be appreciated, but they can make for great investments as well.#-ad_banner-# We’ve already seen one shake-up in the specialty retail industry this year. Billionaire John Paulson is taking famous piano maker Steinway Musical Instruments private for $512 million. The bidding war between Paulson,… Read More

If you enjoy the finer things in life, then you’ll love the action taking place in the specialty retail market. Great paintings, sculptures and fine jewelry are not only to be appreciated, but they can make for great investments as well.#-ad_banner-# We’ve already seen one shake-up in the specialty retail industry this year. Billionaire John Paulson is taking famous piano maker Steinway Musical Instruments private for $512 million. The bidding war between Paulson, private equity firm Kohlberg & Co. and Samick Musical Instruments has driven Steinway’s stock up 90% this year. While Paulson is a fan of pianos, it’s no secret that billionaire and activist investor Daniel Loeb loves art. He is said to have various pieces of art hanging in his Park Avenue office and enjoys going to art shows. Loeb and his Third Point hedge fund are coming off one of their biggest wins after helping turn around Yahoo (Nasdaq:… Read More

“Sticks and stones may break my bones, but words will never hurt me.”  Try telling that to a company that has just been “Einhorned.” Hedge fund billionaire David Einhorn has the ability to crater a company’s share price with the mere mention of its name in one of his closely followed investment presentations. That ability has turned his name into a verb, spawning the expression that a company is being “Einhorned” when targeted by short sellers.#-ad_banner-# Einhorn’s forensic approach to research has… Read More

“Sticks and stones may break my bones, but words will never hurt me.”  Try telling that to a company that has just been “Einhorned.” Hedge fund billionaire David Einhorn has the ability to crater a company’s share price with the mere mention of its name in one of his closely followed investment presentations. That ability has turned his name into a verb, spawning the expression that a company is being “Einhorned” when targeted by short sellers.#-ad_banner-# Einhorn’s forensic approach to research has enabled him to sniff out some of the most publicized and successful shorts in the past 10 years. That includes one of the earliest calls and moves on Lehman Brothers’ bankruptcy and a short on Green Mountain Coffee (Nasdaq: GMCR) that netted his firm hundreds of millions. That has turned Einhorn into one of the most popular figures on the Street — but also one of its most polarizing. Some call him a genius; others oppose his ability to profit from struggling… Read More

“The 20th century was the era of manned aircraft; the 21st century is the era of unmanned aircraft.” — U.S. Coast Guard Capt. Christopher Martino.             Flickr/Don DeBold    … Read More

When I was a teenager, my father took me to an empty parking lot to practice driving on ice and snow. Skidding is an eerie feeling. When you first lose control of the car, your gut reaction is to step on the brakes. Read More

In any industry, the only way to avoid price wars is to offer a superior product or service. Customers will pay full price only if they think your offering is… Read More

Gold and silver have always been and will always be many investors’ favorite precious metals. The summer sell-off and subsequent bounce in gold and silver has reignited investment fever in the commodities. Traders often substitute silver for gold… Read More

It takes money to make money. That’s the easy conclusion to draw when looking at the actions of the nation’s top hedge fund managers. Many of them have amassed their wealth by putting tens of millions into play on any given investment as they identify 50% or even 100% potential gains.#-ad_banner-# Take corporate raider Carl Icahn. He can buy a huge chunk of… Read More

It takes money to make money. That’s the easy conclusion to draw when looking at the actions of the nation’s top hedge fund managers. Many of them have amassed their wealth by putting tens of millions into play on any given investment as they identify 50% or even 100% potential gains.#-ad_banner-# Take corporate raider Carl Icahn. He can buy a huge chunk of a company and then rattle some cages until the company is forced to make value-unlocking moves such as an asset sale or a big stock buyback. Or look at George Soros. He earned more than 1 billion British pounds in 1992 simply by wagering that the pound would soon lose value. Yet a number of other hedge fund billionaires have earned their fortune the… Read More