Author: tremendousblog
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About an hour ago, I posted an article about a Melvin Capital position in GameStop Corp. A very astute reader pointed out to me that the SEC filing on which it relied was from a prior year, so the information was no longer up-to-date. Fortunately, thanks to the reader’s help,…
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Never miss a post…subscribe! You walk into an elevator. As the doors close, Doug Leone of Sequoia steps in. Suddenly, a lump appears in your throat. Your palms sweat. This is your moment. Last night, I went to a fascinating pitch event at a startup accelerator in New York City.…
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Never miss a post…subscribe! Firings at Citadel LLC’s Surveyor Capital unit occurred at almost the same time as federal subpoenas and search warrants were executed in a probe of short sellers. A report from Institutional Investor today notes that subpoenas and search warrants in the case were issued in October…
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Never miss a post…subscribe! What could be more classic than coffee and cake? After a recent dinner out, my wife and I stopped at Paris Baguette in search of this venerable combo. We found cases filled with some of the most beautiful, artistic cakes I’ve ever seen. They’re so pretty…
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Let’s say I have a question: “how do angel investors choose startups?” I go to Google and type it in, right? But what if the best answer is in a podcast? That audio is trapped somewhere in the dark world of RSS feeds, along with great answers to millions of…
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+ Audio, Investing, Podcasting, Podcasts, Silicon Valley, Software, Startup, Startups, Tech, Venture Capital+
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Never miss a post…subscribe! Last October, Citadel LLC’s Surveyor Capital unit suddenly fired several portfolio managers at once. In the preceding five months, half of Surveyor’s portfolio managers had either been fired or resigned. In May, Todd Barker, the head of Surveyor Capital himself, departed after 16 years at the…
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+ Business+ AMC, Citadel, Finance, Gamestop, Hedge funds, Investing, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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Never miss a post…subscribe! On a quiet block just south of bustling 42nd Street, my wife and I ducked into a doorway and disappeared. This isn’t a spy novel. But it is an incredible lunch. Hunan Manor in midtown Manhattan serves outstanding Chinese food firmly rooted in the traditions of…
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Never miss a post…subscribe! I’ve been going to this restaurant so often, I might have to move in and save the bus fare. Schnipper’s in New York City is American food done right. Done with respect. On Thursday, my wife and I rushed in for the third time in two…
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Never miss a post…subscribe! Citadel LLC CEO Kenneth Griffin made $2.5 billion in 2021. That was enough to give him third place among hedge fund managers in the list just released by Institutional Investor. For Griffin, its unclear how long the good times will last. His firm is under federal…
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+ Business+ AMC, Citadel, Finance, Gamestop, Hedge funds, Investing, Ken Griffin, Money, Reddit, Stock Market, Stocks, Wallstreetbets+
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Never miss a post…subscribe! You don’t need me to tell you that oil and gas prices are through the roof these days. Gas stations are changing numbers faster than slot machines. And the explosion in prices is sowing fear in the stock market. But I think this huge spike in…