Sep.22 — Scott Goodwin was a credit trader. Jonathan Lewinsohn’s expertise was in research. Together, they planned for years to start a hedge fund. Finally, in 2017, they did, and Diameter Capital Partners has become one of the most successful firms in the business. Here, in this special excerpt from their interview with Bloomberg’s Erik Schatzker, Goodwin and Lewinsohn detail the lessons they learned along the way, as well as the dos and don’ts for aspiring young hedge fund managers.
More info on So You Want to Start a Hedge Fund? Watch This First
-
Should I move all of my money to a high-yield savings account?
"One thing that is clear is that if you do choose to hold cash, it's probably best to keep that cash in a high-yield savings account," says Gary Zimmerman, CEO of MaxMyInterest. These accounts are ...
-
Here’s how to know if your mutual fund sees ESG investing clearly
Mutual fund investors are placing more emphasis on sustainable investing, which has been part of a larger trend across the financial industry. Sustainable investing refers to a range of practices in ...
-
HEDGE FLOW Goldman: Hedge and mutual funds favour banking and healthcare over tech
LONDON, Dec 4 (Reuters) - Leading hedge funds and mutual funds are betting on gains outside the tech sector in coming months, Goldman Sachs (GS.N) research shows. The ten stocks currently most ...
-
Bitcoin Nears $42,000 For The First Time Since April 2022
T he price of Bitcoin breached $41,000 for the first time since April 2022 early on Monday, amid heightened speculation about the approval of a Bitcoin exchange-traded fund that would indirectly open ...
-
Gardener shares genius low-effort hack for holiday pumpkin disposal: ‘I didn’t know [this]’
There are plenty of innovative hacks to grow pumpkins, but now there are tips on how to dispose of them, too. Over one billion pounds of pumpkins are thrown away each year when, instead, they could be ...
-
Impact100 Essex awards equity grants to three local nonprofits
Three local nonprofits were the recipients of Impact100 Essex's equity grants this year. For the past three years, in response to research showing a discrepancy in funding to organizations led by ...
-
14 tips to stop impulse buying this holiday season
A good rule of thumb is to give yourself at least 24 hours to decide if buying something is a need, or just a random impulse purchase, by “sleeping on it.” That allows enough time for your impulse to ...
-
Gold prices are surging — what ETF investors need to know before adding some shine to their portfolios
U.S.-listed exchange-traded funds that track physical bullion, gold futures and mining companies generated big returns last week when a slump in the U.S. dollar on the back of expectations that the ...
-
Here's what it would take for the Fed to start slashing interest rates in 2024
If the Fed meets market expectations and starts cutting aggressively in 2024, it likely will be against a backdrop of a sharply slowing economy and rising unemployment, which in turn would bring lower ...
-
Everything You Need to Know About Michael Burry's 'Big Short' Bet on Chip Stocks
Outspoken analyst Michael Burry is making headlines again… and this time his target is the semiconductor industry, a linchpin of the global tech boom and major driver of the current bull market.
-
Cat owner traces missing pet using its Airtag collar and is horrified to find it dead in neighbour's wheelie bin as hunt begins for animal's killer
Mark James, 31, was devastated after he found his 18 month old moggy, called Sky, dead at the bottom of his neighbour's bin in Havendale, Hedge End, Southampton ...
-
In the Market: Regulators look to pry open the dark corners of Treasury markets
The lack of visibility makes policymaking harder and more contentious, leaving regulators sometimes with imperfect understanding and blunt tools that many in the industry argue can create new problems ...