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Commodities Corporation
Commodities Corporation (frequently referred to as "CC") was a financial services company, based in Princeton, New Jersey that traded actively across various commodities. The firm was noted as one of the leading commodity and futures trading firms. CC is credited for launching the careers of many notable hedge fund investors and for its influence on global macro investing. The company was acquired in 1997 and operates as a subsidiary of Goldman Sachs. History The company was founded by Helmut Weymar and Amos Hostetter Sr. and with $2.5 million of capital in 1969 from a group of investors that included Nabisco. Weymar, who was a childhood friend of Hostetter's son Amos Jr., had studied commodities at MIT. As a result of his PhD thesis work on cocoa, Weymar took a job, working for Nabisco in 1965. Hostetter had been Weymar's mentor, and began trading stocks and commodities in the 1930s working for Hayden Stone. Hostetter's simple principles for trading are still widely circula ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ORIX Corporation
, styled as ORIX, is a Japanese diversified financial services group headquartered in Minato, Tokyo, and Osaka, Japan. ORIX offers leasing, lending, rentals, life insurance, real estate financing and development, venture capital, investment and retail banking, commodities funds and securities brokering. In addition to expanding its offerings, ORIX has also expanded globally, offering financial services in North America, Asia, the Middle East and Northern Africa. Divisions include Japan-based ORIX Auto Leasing Corporation, which operates in other countries through subsidiaries such as ORIX Auto Leasing (Thailand) Co., Ltd. It is also known for being the majority owner of the ORIX Buffaloes baseball team in Nippon Professional Baseball. History ORIX was established 17 April 1964 as ''Orient Leasing Co., Ltd.'' The company's name was changed to ORIX Corporation in 1989. ORIX was originally a subsidiary of the trading house Nichimen (now Sojitz). Yoshihiko Miyauchi transferred to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bruce Kovner
Bruce Stanley Kovner (born 1945) is an American billionaire hedge fund manager and philanthropist. He is chairman of CAM Capital, which he established in January 2012 to manage his investment, trading and business activities. From 1983 through 2011, Kovner was founder and chairman of Caxton Associates, a diversified trading company. As of April 2022, his net worth was estimated at US$6.2 billion. Kovner is chairman of the Juilliard School and vice chairman of Lincoln Center for the Performing Arts. He is on the boards of the Metropolitan Opera,"Board of Directors," https://www.metopera.org/ MetOpera.org], retrieved June 16, 2020. and American Enterprise Institute< ...
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Moore Capital Management
Moore Capital Management LP (MCM) is a New York-based, global investment management firm headquartered in New York, New York. Bloomberg, Winton Replaces Moore Among Top 20 Hedge Funds as Managed Futures Advance, Retrieved July 2011 In September 2018, MCM had $10.2 billion in total assets under management. History MCM was founded in 1989 by American billionaire Louis Moore Bacon. He launched the fund using a $25,000 inheritance from his mother. MCM's first investor was Antoi ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis Bacon
Louis Moore Bacon (born July 25, 1956) is an American investor, hedge fund manager, and philanthropist. He is the founder and chief executive of Moore Capital Management. ''Forbes Magazine'' estimates his net worth to be US$1.81 billion, making him the 374th richest person on the Forbes 400 as of February 2017. Early life and education Bacon was born in Raleigh, North Carolina on July 25, 1956. His father, Zachary Bacon Jr., founded real estate company Bacon & Co. and later led Prudential Financial’s and Merrill Lynch’s real estate efforts in North Carolina. Louis Bacon: Macro maestro, Stephen Taub, July 1, 2011, Retrieved July 17, 2011. Bacon graduated from Episcopal High School (Alexandria, Virginia), Episcopal High School in Alexandria, Virginia, Alexandria, Virginia. He attended Middl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tudor Investment Corporation
Tudor Investment Corporation is an American investment firm based in Stamford, Connecticut. The firm invests in both Public equities, public and Private equity, private markets globally. Background In 1980, Paul Tudor Jones founded the Tudor Investment Corporation. Commodities Corporation was one of the first clients to invest into the firm where it provided $30,000 to manage. On the day of Black Monday (1987), Black Monday, October 19, 1987, Jones accurately predicted there would be a stock market crash. The Dow Jones Industrial Average plunged 22% on that day while the firm from Short (finance), short positions earned a 62% gain for the month of October and 200% gain for the year of 1987. On February 1990, Jones bought put options for the Japanese stock market. When the market plunged, the firm had a return of 87.4% for that year. In 1996 the firm agreed to pay fines to the U.S. Securities and Exchange Commission totalling $800,000, the second-largest ever levied at the ti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Tudor Jones
Paul Tudor Jones II (born September 28, 1954) is an American billionaire hedge fund manager, conservationist and philanthropist. In 1980, he founded his hedge fund, Tudor Investment Corporation, an asset management firm headquartered in Stamford, Connecticut. Eight years later he founded the Robin Hood Foundation, which focuses on poverty reduction. As of April 2022, his net worth was estimated at US$7.3 billion. Early life and education Jones was born in Memphis, Tennessee. Paul Tudor Jones II's father John Paul "Jack" Jones practiced transportation law from an office located next door to ''The Daily News'', a publication his family has owned and operated since 1886 and where Jack Jones was the publisher for 34 years. His half-brother is Peter Schutt. Jones graduated from Presbyterian Day School, an all-boys elementary school, before attending Memphis University School for high school. Jones then went on to the University of Virginia where he was a welterweight boxing champion. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trader (finance)
A trader is a person, firm, or entity in finance who buys and sells financial instruments, such as forex, cryptocurrencies, stocks, bonds, commodities, derivatives, and mutual funds in the capacity of agent, hedger, arbitrageur, or speculator. Duties and types Traders buy and sell financial instruments traded in the stock markets, derivatives markets and commodity markets, comprising the stock exchanges, derivatives exchanges, and the commodities exchanges. Several categories and designations for diverse kinds of traders are found in finance, including: *Bond trader *Floor trader *Hedge fund trader *High-frequency trader *Market maker *Pattern day trader * Principal trader * Proprietary trader *Rogue trader *Scalper *Stock trader Income According to the Wall Street Journal in 2004, a managing director convertible bond trader was earning between $700,000 and $900,000 on average. See also *Commodities exchange *Commodity market *Derivatives market *List of commodity traders *Li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MIT Press
The MIT Press is a university press affiliated with the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts (United States). It was established in 1962. History The MIT Press traces its origins back to 1926 when MIT published under its own name a lecture series entitled ''Problems of Atomic Dynamics'' given by the visiting German physicist and later Nobel Prize winner, Max Born. Six years later, MIT's publishing operations were first formally instituted by the creation of an imprint called Technology Press in 1932. This imprint was founded by James R. Killian, Jr., at the time editor of MIT's alumni magazine and later to become MIT president. Technology Press published eight titles independently, then in 1937 entered into an arrangement with John Wiley & Sons in which Wiley took over marketing and editorial responsibilities. In 1962 the association with Wiley came to an end after a further 125 titles had been published. The press acquired its modern name af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Random Walk Hypothesis
The random walk hypothesis is a financial theory stating that stock market prices evolve according to a random walk (so price changes are random) and thus cannot be predicted. History The concept can be traced to French broker Jules Regnault who published a book in 1863, and then to French mathematician Louis Bachelier whose Ph.D. dissertation titled "The Theory of Speculation" (1900) included some remarkable insights and commentary. The same ideas were later developed by MIT Sloan School of Management professor Paul Cootner in his 1964 book ''The Random Character of Stock Market Prices''. The term was popularized by the 1973 book '' A Random Walk Down Wall Street'' by Burton Malkiel, a professor of economics at Princeton University, and was used earlier in Eugene Fama's 1965 article "Random Walks In Stock Market Prices", which was a less technical version of his Ph.D. thesis. The theory that stock prices move randomly was earlier proposed by Maurice Kendall in his 1953 paper, ''Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts Institute Of Technology
The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the most prestigious and highly ranked academic institutions in the world. Founded in response to the increasing industrialization of the United States, MIT adopted a European polytechnic university model and stressed laboratory instruction in applied science and engineering. MIT is one of three private land grant universities in the United States, the others being Cornell University and Tuskegee University. The institute has an urban campus that extends more than a mile (1.6 km) alongside the Charles River, and encompasses a number of major off-campus facilities such as the MIT Lincoln Laboratory, the Bates Center, and the Haystack Observatory, as well as affiliated laboratories such as the Broad and Whitehead Institutes. , 98 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Hedge Fund Journal
''The Hedge Fund Journal'' is a monthly magazine focusing on the global hedge fund industry. Description ''The Hedge Fund Journal'' was formed in 2004 by Publisher Rod Sparks, and is based near Fleet Street, London, UK. The magazine consists of feature articles, original and contributed research, opinion and legal pieces, as well as strategy commentary from hedge fund managers. Its annual features include a ranking of the top 50 European hedge fund managers called ''The Europe 50,'' ''The 50 Leading Women In Hedge Funds'', and ''Tomorrow's Titans''. Since 2006, ''The Hedge Fund Journal'' has hosted an annual awards ceremony, to recognise the leading service providers to the European hedge fund industry, and expanded its awards franchise to include a UCITS awards ceremony in 2010. See also *Trade journal A trade magazine, also called a trade journal or trade paper (colloquially or disparagingly a trade rag), is a magazine or newspaper whose target audience is peop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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