Hedge Funds Simplified

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Bill Ackman and Carl Icahn are two of the most famous faces of modern hedge funds, Lately hedge fund investors have been paying high fees for lackluster performance. It wasn’t always this way. Decades ago, there were only a few funds, catering to rich people in the know, and those investors were happy to pay high…

Wall Street Wealthiest Top 10

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Wall Street Wealthiest Top 10 10. James Simons AP Images Net worth: $14.3 billion Age: 77 Country: US Industry: Hedge funds Source of wealth: Self-made; Renaissance Technologies Before revolutionizing the hedge fund industry with his mathematics-based approach, “Quant King” James Simons worked as a code breaker for the US Department of Defense during the Vietnam War, but was fired…

Top 50 Wealthiest People in the World

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Top 50 Wealthiest People in the World 50. TIE: Aliko Dangote REUTERS/Denis Balibouse Net worth: $14.3 billion Age: 58 Country: Nigeria Industry: Diversified investments Source of wealth: Self-made; Dangote Group At 20, Nigerian businessman Aliko Dangote borrowed money from his uncle to start a business that dealt in commodities trading, cement, and building materials. He…

30 Most Expensive Homes for Sale in US Today

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30 Most Expensive Homes for Sale in US Today 31. (TIE) This 130-acre ranch on Lake Tahoe in Nevada has just about every imaginable amenity, including an indoor pool and steam spa, access to some of the world’s best skiing, seven guest homes and cabins, horse stables and paddocks, and a 5,000-square-foot entertainment barn. Sotheby’s…

Wall Street Homes 15 Central Park West

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15 Central Park West is the ultra-luxury condominium on the corner of West 61st St. and Central Park West has been home to a long list of bankers, celebrities and billionaires. Completed in 2008 by developers Arthur and William Lie Zeckendorf, it offers a ridiculous array of amenities to New York’s moneyed elite, including an in-house…

7 Steps to More Productive Meetings

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When you’ve had too many unproductive, time-draining meetings, you can find yourself full of dread any time one appears on your schedule. Even worse, you may be resigned to the idea that all meetings are bad in their own way, and it’s your duty to simply tolerate them as the clock ticks on. “‘Meeting’ has somehow…