Fortress Investment Group is the top-performing fund of the third quarter of the over 400 funds and investors we track, seeing a return of almost 44% during 3Q. We have calculated the value-weighted returns for 400 hedge funds in the 1500 largest stocks and complied a list of the top performing funds for the first three quarters of 2012. The returns are based on the fund’s 13F long positions more »
[Continued from part 2]
Nick Slepko: How did you end up a boat person – which is to say, how did you end up in Florida?
Tom Herzfeld: I went to a textile engineering school because my family was in apparel manufacturing, and since I was an only child my parents said more »
Yesterday was a day of mixed economic news. The overall economic picture is positive, but contracting.
Ratings agency Fitch cut their growth outlook for Brazil from 3.5% to 2.8%. The iShares MSCI Brazil Index ETF (NYSEMKT: EWZ) fell 1.42% over the day. The ETF took a dive in the beginning of August and is currently down 24.37% year to date.
Shipper RailAmerica Inc. (NYSE: RA), which more »