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Official Who Guided Korea’s Crypto Crackdown Found Dead at Home
Jung Ki-joon, who helped coordinate South Korea’s recent cryptocurrency crackdown, was found dead at his home, the Wall Street Journal reports: A South Korean official who guided Seoul’s regulatory clampdown on cryptocurrencies was found dead on Sunday, according to a government spokesman. Jung Ki-joon, 52, was head of economic policy at the Office for Government Policy Coordination. He helped coordinate
Preqin Hedge Fund Performance Update: January 2018
Hedge Funds
The Preqin All-Strategies Hedge Fund benchmark generated returns of 2.18% in January – the strongest start to a calendar year since 2013. All leading strategies and regions posted positive performance for the month, the sixteenth consecutive one in which the industry has recorded overall gains. The Preqin All-Strategies Hedge Fund benchmark generated 2.18% in January. This is the strongest start
Everything You Need to Know About the Hedge Fund Manager Who Charlie Munger Publicly Praised by at the 2018 DJCO Conference
Hedge Funds
To say Charlie Munger is blunt would be an understatement. If Munger does not like something he uses words like poison (see Bitcoin), sewer (see Valeant), among other colorful words. In this sense, Munger is the exact opposite of Buffett – Buffett will give his views but (at least in public) tends to be more diplomatic. That is why when
5 Things Investors Should Know About China This New Year
Today marks the first day of the Chinese Lunar New Year, also known as the Spring Festival, China’s most important holiday. The fire rooster struts off-stage, clearing the way for the loyal earth dog. According to CLSA’s tongue-in-cheek Feng Shui Index, health care, consumer and paper products are favored to outperform early this year, followed by internet, utilities and tech
How Letting Go of These “Good” Habits Can Make You More Successful
Learning new things is an important part of career growth, and 87% of millennials say professional development opportunities factor into their job decisions, according to Gallup. Acquiring too much information, however, can be a problem, putting your career at risk of becoming stagnant, says Dom Price, work futurist-in-chief and head of R&D at the software development firm Atlassian in Sydney,
Report: Peter Thiel Maybe Made a Killing By Betting Big on Volatility
It turns out Peter Thiel might have a little extra cash on hand to help him settle into his new home in Los Angeles. The billionaire PayPal co-founder and early Facebook investor, who is ditching Silicon Valley for L.A., made a bet at the end of last year through Thiel Macro - which manages his fortune - "tied to the
Blue Apron Loses 15% of its Customers; Its IPO is Still a Disaster
Two of the most hyped public offerings last year in the tech space were Snap Inc. and Blue Apron (which is only tangentially a tech company, but it's on Nasdaq so we'll go with it) - and neither went very well. Snap quickly fell below its IPO price, while Blue Apron fell below the price of one of its meals.
How TD Ameritrade's Twitter Chatbot Works
TD Ameritrade (NASDAQ: AMTD) launched its new Twitter (NYSE: TWTR) chatbot last week, allowing clients to check their account and trade directly from Twitter, and with the sudden return of volatility to the market the timing couldn’t really have been better. This represents the brokerage’s latest partnership with a major tech company—their Facebook chatbot went live in August and they’ve
Exit Stage South: Peter Thiel Leaves Silicon Valley For Los Angeles
Silicon Valley's liberal elites won't have Peter Thiel to kick around anymore. Everyone's favorite (or least favorite, take your pick) libertarian tech pioneer is ditching Silicon Valley for Los Angeles and will begin to pare down his investments in the technology space, the Wall Street Journal reports. The Journal also reports that Thiel has considered resigning from Facebook's board, where
Atari Looks to Evolve From Ms. Pac-Man and Donkey Kong to Cryprocurrencies
If you're the type of person - middle-aged, but young at heart - who still crows about your exploits at the local arcade back in the '80s when you posted unbeatable scores in Ms. Pac-Man or Space Invaders or Frogger or Galaga, then you're the type of person who might be interested in the crypto craze's latest entrant: Atari AS,