Linkfest: Top money managers make bank; Best and worst practices for beginning investors; Raiding IRAs

Categories: Linkfest

Today’s most shared:

  • Top hedge fund manager Tepper raked in $3.5b in 2014.
  • Best (and worst) practices for aspiring individual traders and active investors.
  • Home equity tapped out, Americans raid 401(k) accounts.
  • Goldman Sachs relies on investment banking, throws Steven A. Cohen a lifeline with fine-art backed loan.
  • Stock bubbles, China’s leaking property bubble.
  • A century of American leverage.

Hedge Fund Moguls’ Pay Has the 1% Looking Up
New York Times
Four top hedge fund managers increased their wealth by more than $2b apiece, as the top 25 raked in $21b.
shared by @kevinroose, @MattGoldstein26, Huffington Post, @ryanchittum
 
Notes from the Ira Sohn Conference, 2014
The Reformed Broker
Top managers and analysts present their best ideas and talk their book for charity.
shared by @JacobWolinsky, @StockTwits, Abnormal Returns
 
Seven Tips for Stock Traders Determined to Defy the Odds
New York Times
Caution, research and tracking results can help those determined to become day traders.
shared by Abnormal Returns, @ReformedBroker, Reformed Broker, @carney
 
Ten Surefire Trading Rules To Make You Rich (Not! – ed.)
The Reformed Broker
My friend Carl Richards did a post at the New York Times Bucks blog yesterday highlighting seven tips for new traders who want to give it a try. But he left out some key concepts so I thought I’d fill in the rest of what he missed.
shared by @JacobWolinsky, @cullenroche, Abnormal Returns, @TheArmoTrader
 
Early Tap of 401(k) Replaces Homes as American Piggy Bank
Bloomberg
Premature withdrawals from retirement accounts have become America’s new piggy bank, cracked open in record amounts during lean times by people like Cindy Cromie, who needed the money to rent a U-Haul and start a new life.
shared by @foxjust, @DLeonhardt, @AlephBlog, @nasiripour, @counterparties, @Kiffmeister
 
Goldman Sachs Supports Cohen With Loan Backed by Fine Art
Bloomberg
Goldman Sachs Group Inc., which stood by Steven A. Cohen last year as his SAC Capital Advisors LP bore the brunt of a massive insider trading probe, has come to the billionaire’s aid again.
shared by Huffington Post, @BarbarianCap, @nasiripour, @MattGoldstein26
 
Three Bankers Bolster Blankfein as Goldman Trading Sinks
Bloomberg
Goldman Sachs Group Inc. partners Alison Mass and David Dase weren’t buying. The bankers stared skeptically at a glass of brownish liquid as a young man described a new technology for purifying even the filthiest water.
shared by NYT Dealbook, @tracyalloway, @MattGoldstein26
 
Time to Worry About Stock Market Bubbles
New York Times
Relative to corporate earnings, stock prices are high. The most likely case is that future returns will be modest.
shared by @ryanchittum, @JustinWolfers, @edwardnh, @ATabarrok
 
China’s property bubble has already popped and started leaking, according to Nomura
Wall Street Journal
China’s great real estate bust has begun, says Nomura. A combination of a huge oversupply of housing and a shortage of developer financing is producing a housing market downturn that could drive China’s GDP to less than 6% this year.
shared by @HamzeiAnalytics, @larsonchristina, @chinahearsay
 

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