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Looking for top hedge fund investment tips ahead of 2024? Leading managers from the UK and US, including renowned short-seller Carson Block, revealed their 2024 stock picks to an investor audience at the Sohn London charity event, an investment ideas conference in support of paediatric cancer research. Click the link below to find out what some of the top hedgies are betting on in 2024.

Billionaire Ken Griffin's Citadel is planning to give back about $7 billion in profits to investors after a year of double-digit returns, a source familiar with the matter said on Tuesday. Its flagship multi-strategy Wellington fund returned 14.8% this year through November, a second source said. Citadel declined to comment on the matter. Last year, Citadel also returned roughly $7 billion in profits to its investors after posting gains of over 30%. Griffin's firm usually hands back money to clients as a way to keep its size compatible with the investment opportunities it sees on the horizon. Citadel, which will start 2024 with $58 billion in assets under management, has outperformed many of its peers in recent year. Israel Englander's Millennium Management is up 9.7% in the first nine months of 2023, one of the sources said. The hedge fund declined to comment on the matter. The WSJ first reported on the money returned to investor earlier this morning. On Tuesday, Griffin, the world's most successful hedge fund manager in terms of earnings, announced he and billionaire David Geffen donated $400 million to the Memorial Sloan Kettering Cancer Center. Griffin has donated over $2 billion to charity during his lifetime, to causes from education to COVID-19 vaccines. Link: https://lnkd.in/e9VCbZin My take: When the world's richest hedge fund manager returns capital to investors, you know they're preparing for tough times ahead.

About George Soros George Soros HonFBA (born Gyorgy Schwartz on August 12, 1930. is a Hungarian-American billionaire hedge fund manager and philanthropist. As of October 2023, he had a net worth of US$6.7 billion, having donated more than $32 billion to the Open Society Foundations, of which $15 billion has already been distributed, representing 64% of his original fortune. Forbes called Soros the "most generous giver" (in terms of percentage of net worth). He is a resident of New York. Born in Budapest to a non-observant Jewish family, Soros survived the Nazi occupation of Hungary and moved to the United Kingdom in 1947. He studied at the London School of Economics and was awarded a BSc in philosophy in 1951, and then a Master of Science degree, also in philosophy, in 1954. Soros started his career working in British and American merchant banks, before setting up his first hedge fund, Double Eagle, in 1969. Profits from this fund provided the seed money for Soros Fund Management, his second hedge fund, in 1970. Double Eagle was renamed Quantum Fund and was the principal firm Soros advised. At its founding, Quantum Fund had $12 million in assets under management, and as of 2011 it had $25 billion, the majority of Soros's overall net worth. Soros is known as "The Man Who Broke the Bank of England" as a result of his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion, during the 1992 Black Wednesday UK currency crisis. Based on his early studies of philosophy, Soros formulated the General Theory of Reflexivity for capital markets, to provide insights into asset bubbles and fundamental/market value of securities, as well as value discrepancies used for shorting and swapping stocks. Soros supports progressive and liberal political causes, to which he dispenses donations through the Open Society Foundations. Between 1979 and 2011, he donated more than $11 billion to various philanthropic causes; by 2017, his donations "on civil initiatives to reduce poverty and increase transparency, and on scholarships and universities around the world" totaled $12 billion. Soros's extensive funding of political causes has made him a "bugaboo of European nationalists". Numerous far-right theorists have promoted false claims that characterize Soros as a dangerous "puppet master" behind alleged global plots. Criticisms of Soros, who is of Jewish descent, have often been called antisemitic. In 2018, The New York Times reported that "conspiracy theories about him have gone mainstream, to nearly every corner of the Republican Party". Aside from his financial activities, Soros is also a prominent philanthropist. OSF operates in over 120 countries and supports a wide range of initiatives, including education, public health, and civil society development. #Lpucareerplanning

We've published the latest regional data on 2023 hedge fund launches and fundraising totals. The Americas and Europe saw growth in assets raised, while Asia experienced another year of decline. #hedgefund #hedgefunddata #hedgefundlaunches #fundraising

citadel is one of the largest hedge funds. fundamental to a hedge fund is hedging techniques to reduce portfolio volatility. ergo he shd know risk mgmt inside out. Q - will you trust your money with the billionaire founder of a hedge fund, who, after $500mn in donations over many years, stops donations, because it suddenly hits him that his donations produce whiny snowflakes? A - of course you will, coz leadership is overrated and counts for nothing without a superstar team. ps : is whiny snowflakes a harvard MBA thing or a gen z thing? hard to figure coz no control sample. #kengriffin #citadel #harvardbusinessschool #mba #genz

Ray Dalio, a renowned American investor, hedge fund manager, and the founder of Bridgewater Associates, is expressing a profound perspective on life and success in this quote, “When I look back on whatever my past has been and the successes, my greatest rewards have been the people and the relationships that I’ve had. The money has been an accident. I mean, it’s a good accident, but I happened to be playing a game that I love.” Let's break down his words to understand the depth of his message: 1) "When I look back on whatever my past has been and the successes..." Dalio begins by reflecting on his past experiences and achievements. This introspective approach suggests a sense of self-awareness and the acknowledgment of personal growth and accomplishments. 2) "...my greatest rewards have been the people and the relationships that I’ve had." Dalio highlights that, upon reflection, the most significant and fulfilling aspects of his journey have been the connections he has made with people. This goes beyond material success and emphasizes the importance of human relationships in one's life. 3) "The money has been an accident." Dalio characterizes financial success, or "the money," as an unintended consequence or "accident" in the context of his pursuit. This implies that his primary focus wasn't solely on accumulating wealth; instead, wealth generation was a byproduct of his actions and choices. 4) "I mean, it’s a good accident, but I happened to be playing a game that I love." Dalio acknowledges the positive aspect of financial success, describing it as a "good accident." This suggests a balanced perspective, recognizing the value of wealth while emphasizing that it wasn't the primary goal. The metaphorical phrase "playing a game that I love" implies that his career and pursuits align with his passions and interests, making the journey more enjoyable and fulfilling. In essence, Ray Dalio's statement underscores the importance of relationships and meaningful connections as the true rewards in life. While financial success is acknowledged and appreciated, it is framed as a secondary outcome resulting from engaging in a pursuit or career that aligns with one's passions and brings joy. This perspective encourages individuals to prioritize fulfilling experiences and relationships over material wealth when reflecting on their life journey.

https://lnkd.in/eXnMVNgy It will be interesting to see if the firm's philosophy of “radical transparency” will be extended to clients and prospects who have long sought transparency into the fees associated with hedge funds. #hedge funds   Now, more than ever, best practices regarding Fee Transparency are top of mind with investors including foundations and endowments. Interestingly, these investors who are facing new criticism on campuses regarding the violence in Israel and Gaza, have yet to feel the full brunt of major donors pulling out, but they are bracing for it. #foundations

BT #ThoughtOfTheDay 🤔 💡| #GerogeSoros, the Hungarian-American billionaire hedge fund manager and philanthropist who has donated 64% of his net worth (as of 2023), once said, "It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." Follow: businesstoday.in/markets for updates, analysis, and insights on stock markets, trending stocks, and much more to stay ahead of the curve. Learn how to gauge the market mood with our experts to make informed investment decisions

Follow the Smart Money! Hedge fund billionaire Bill Ackman and his wife Neri Oxman are acquiring nearly a 5% stake in the Tel Aviv Stock Exchange. Ackman describes himself as "Pro Palestinian and Pro Israeli". The investment is not about charity, but rather an opportunity Ackman sees in Israel. Transparency, democracy, and functioning capital markets. #SmartMoneyInvesting #AckmanInvestment #TelAvivStockExchange #MarketOpportunity Read more about this investment here: https://lnkd.in/g6kgDhNP

Investments in hedge funds help hold down tuition costs, support scholarships, and fund educational opportunities for 130,000 students in the Badger State. Learn more about how institutional investors in Wisconsin benefit from hedge funds: https://lnkd.in/esrC7BRm