Jonathan Hoenig (; born September 10, 1975) is an American, founding member of the Capitalist Pig

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...

, and a regular contributor to and regular panelist on

Fox News Channel The Fox News Channel, abbreviated FNC, commonly known as Fox News, and stylized in all caps, is an American multinational conservative cable news television channel based in New York City. It is owned by Fox News Media, which itself is owne ...

's ''Cashin' In'', ''

Your World with Neil Cavuto ''Your World with Neil Cavuto'' (written on-air as ''Your World Cavuto''), which debuted as ''The Cavuto Business Report'' on the network's launch in 1996, is an American television news and business talk program on Fox News Channel currently ...

'', ''

Red Eye w/ Greg Gutfeld ''Red Eye'', also known as ''Red Eye w/ Greg Gutfeld'' from 2007 to 2015 and ''Red Eye w/ Tom Shillue'' from 2015 to 2017, was an American late-night/early-morning satirical talk show on Fox News, which aired at 3:00 a.m. ET Tuesday throu ...

'' and ''

WLS (AM) WLS (890 kHz) is a commercial AM radio station in Chicago, Illinois. Owned by Cumulus Media, through licensee Radio License Holdings LLC, the station airs a talk radio format. WLS has its radio studios in the NBC Tower on North Columbus Drive i ...

'' 890's morning show, Don Wade & Roma (now defunct).

Background

Hoenig was raised in

Glencoe, Illinois Glencoe () is a lakefront village in northeastern Cook County, Illinois, United States. As of the 2020 census, the population was 8,849. Glencoe is part of Chicago's North Shore and is located within the New Trier High School District. Glenc ...

, United States. He is a former

floor trader A floor trader is a member of a stock or commodities exchange who trades on the floor of that exchange for his or her own account. The floor trader must abide by trading rules similar to those of the exchange specialists who trade on behalf of ot ...

at the

Chicago Board of Trade The Chicago Board of Trade (CBOT), established on April 3, 1848, is one of the world's oldest futures and options exchanges. On July 12, 2007, the CBOT merged with the Chicago Mercantile Exchange (CME) to form CME Group. CBOT and three other excha ...

, whose first book was published when he was 22. He is a member of the Economic Club of Chicago and a vocal supporter of

Ayn Rand Alice O'Connor (born Alisa Zinovyevna Rosenbaum;, . Most sources transliterate her given name as either ''Alisa'' or ''Alissa''. , 1905 – March 6, 1982), better known by her pen name Ayn Rand (), was a Russian-born American writer and p ...

's philosophy of

Objectivism Objectivism is a philosophical system developed by Russian Americans, Russian-American writer and philosopher Ayn Rand. She described it as "the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with prod ...

. His brother Stephen died at the age of 19.

Career

He is a frequent commentator in the financial press, and has written for: ''

The Wall Street Journal Europe ''The Wall Street Journal Europe'' was a daily English-language newspaper that covered global and regional business news for Europe, the Middle East and Africa (EMEA). Published by Dow Jones & Company (a News Corp company), it formed part of th ...

'', ''

Wired ''Wired'' (stylized as ''WIRED'') is a monthly American magazine, published in print and online editions, that focuses on how emerging technologies affect culture, the economy, and politics. Owned by Condé Nast, it is headquartered in San Fra ...

'', ''

Trader Monthly ''Trader Monthly'' was a lifestyle magazine for Trader (finance), financial traders founded by Magnus Greaves. The headquarters was in New York City. The target audience of ''Trader Monthly'' was the financial community with an average income at or ...

'', ''

Maxim Maxim or Maksim may refer to: Entertainment * ''Maxim'' (magazine), an international men's magazine ** ''Maxim'' (Australia), the Australian edition ** ''Maxim'' (India), the Indian edition *Maxim Radio, ''Maxim'' magazine's radio channel on Sir ...

'', and Smartmoney.com. He has also been featured in ''

The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', ''Institutional Investor'', and ''

The Chronicle of Higher Education ''The Chronicle of Higher Education'' is a newspaper and website that presents news, information, and jobs for college and university faculty and student affairs professionals (staff members and administrators). A subscription is required to rea ...

'', and was recently named one of ''

The Chicago Sun-Times The ''Chicago Sun-Times'' is a daily newspaper published in Chicago, Illinois, United States. Since 2022, it is the flagship paper of Chicago Public Media, and has the second largest circulation among Chicago newspapers, after the ''Chicago T ...

'' ''Thirty Under Thirty'' and Crain's ''Forty Under Forty''. In 2013 Hoenig's firm became the first hedge fund to advertise in the US since the 1930s. Existing limitations on hedge fund advertising were lifted as a result of the

Jumpstart Our Business Startups Act The Jumpstart Our Business Startups Act, or JOBS Act, is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations. It passed with bipartisan support, and was signed into ...

. In 2013 he produce
Pit Trading 101
a documentary film about new traders at the

Chicago Mercantile Exchange The Chicago Mercantile Exchange (CME) (often called "the Chicago Merc", or "the Merc") is a global derivatives marketplace based in Chicago and located at 20 S. Wacker Drive. The CME was founded in 1898 as the Chicago Butter and Egg Board, an a ...

, recognized at the Sunset International Film Festival, the Chagrin Film Festival and the

International Film Awards Berlin International Film Awards Berlin, often shortened to ifab, is an annual film festival held in the city of Berlin, Germany. The festival was established in 2012. Ifab was founded to promote and support the creation and distribution of quality ind ...

. In 2014, Hoenig was an informal advisor of

Royalty Exchange Royalty Exchange is an American company that operates an online platform for buying and selling royalty assets of any type, mostly music, where royalty owners can sell their future payments to investors as alternative assets. The company hosts ...

a leading platform for buying and selling intellectual property. Hoenig's second book
The Pit: Photographic Portrait of the Chicago Trading Floor
was published in April, 2017, inspired by the 1903

Frank Norris Benjamin Franklin Norris Jr. (March 5, 1870 – October 25, 1902) was an American journalist and novelist during the Progressive Era, whose fiction was predominantly in the naturalist genre. His notable works include '' McTeague: A Story of San ...

novel of the same name. In 2018, Hoenig edited and published
A New Textbook of Americanism: The Politics of Ayn Rand
'. This anthology of individualist essays, produced in conjunction with the

Ayn Rand Institute The Ayn Rand Institute: The Center for the Advancement of Objectivism, commonly known as the Ayn Rand Institute (ARI), is a 501(c)(3) nonprofit think tank in Santa Ana, California, that promotes Objectivism, the philosophy developed by Ayn Rand ...

, features work by Yaron Brook, Leonard Peikoff completes Ayn Rand’s unfinished 1946 work of the same name. In 2021,
Price Is Primary: How to profit with any asset in any market at any time
'' a treatise which integrates Hoenig's investment process with Ayn Rand's philosophy of Objectivism was released. In November 2023, working with

Leonard Peikoff Leonard Sylvan Peikoff (; born October 15, 1933) is a Canadian-American philosopher. He is an Objectivist and was a close associate of Ayn Rand, who designated him heir to her estate. He is a former professor of philosophy and host of a natio ...

, Hoenig published
Can You Really Love a Dog? Leonard Peikoff and Ayn Rand on Pets
' ''.'' The hardcover includes new material from Peikoff on the philosophy of pet ownership, never-before-published photos of

and her cat, plus an introduction by Hoenig.

Controversies

In September 2014, Hoenig stirred up controversy over racial profiling in a Fox News commentary piece, stating that "We should have been profiling on September 12, 2001. Let's take a trip down memory lane here: the last war this country won, we put Japanese-Americans in internment camps. We dropped nuclear bombs on residential city centers. Yes, profiling would be at least a good start. It's not on skin color, however. It's on ideology. Muslim, Islamists, jihadist-that's a good start but only a start. We need to stop giving Qur'ans to Gitmo prisoners. We need to stop having Ramadan celebrations in the White House. We have to stop saying the enemy is not Islamic; they are. That's how you get started." In February 2015, Hoenig said on Fox News that those advocating mandatory vaccinations for the "so-called public good" could be ushering in "forced abortions" and "forced pills."

References

External links

Hoenig's company, Capitalistpig Hedge Fund LLCHoenig's articles at Smartmoney.comHoenig's articles at Capitalism Magazine
*
Pit Trading 101 - The Film
{{DEFAULTSORT:Hoenig, Jonathan 1975 births Living people American investors Objectivists People from Glencoe, Illinois