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Stock Spotlight: A Financial Growth Name
Thursday, September 6, 2012 - 6:23am | 557The iShares Russell 2000 Index Fund (NYSE: IWM) is up 4.5 percent in the past month, but if September lives up to historical billing as a sour month for equities, it would not be surprising to see traders hammer ETFs such as IWM and select small-cap names. There is a bright side to this scenario....
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Michael Steinhardt: ETFs Not The Issue
Thursday, October 20, 2011 - 10:26am | 111Michael Steinhardt, Chairman of Wisdom Tree Investments was just on CNBC with David Faber, and he said that ETFs as a whole are not the problem with the markets. ETFs have had the best returns recently, better than mutual funds, and are not the problems with the markets. There might be a problem...
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Bloomberg TV: Michael Steinhardt On D.C. Policymakers: "We're Up to Our Knees In Midgets"
Tuesday, July 26, 2011 - 4:53pm | 796Michael Steinhardt, Chairman of WisdomTree Investments, and CEO Jonathan Steinberg spoke to Bloomberg TV's Margaret Brennan this morning about the company's new listing on NASDAQ. WisdomTree, which previously traded OTC, has approximately $13.1 billion in ETF assets under management. Steinhardt...
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Michael Steinhardt Takes On Warren Buffett, Dismisses His Success
Wednesday, April 6, 2011 - 12:23pm | 559He's been called a master of the stock market and a legend of hedge fund management. But this week on CNBC, Michael Steinhardt was the one making the calls. “The biggest thing we have to worry about is how long it will take for Buffett to come down to Earth where he should have been a long time...
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Michael Steinhardt's Best Investment
Wednesday, January 26, 2011 - 1:35pm | 196What was Michael Steinhardt's best investment? Was it Apple (NASDAQ: AAPL)? General Motors? (NYSE: GM)? Microsoft (NASDAQ: MSFT)? As it turns out, it wasn't any of the big corporations you might have expected. Despite his success as a hedge fund manager, Steinhardt's best investment has nothing to...
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Steinhardt: The Idea Of 30% Returns is Extremely Remote
Tuesday, January 18, 2011 - 12:30pm | 293There are many successful hedge fund managers, but few of them have been able to achieve the level of consistency that Michael Steinhardt has enjoyed. In 1965, his brilliant moves and sharp investment decisions allowed him to create a hedge fund that returned approximately 30% annually before it...
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Gambling And The Stock Market: One In The Same?
Thursday, January 13, 2011 - 1:31pm | 374Is the stock market not that different from gambling? Hedge fund legend Michael Steinhardt has an interesting view on the matter. During a recent interview with Benzinga, Steinhardt spoke about the relationship that he had with his gambling father and how that might have been the catalyst for his...
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Steinhardt On Politics: "Not Particularly Rewarding"
Tuesday, January 11, 2011 - 8:37am | 198Michael Steinhardt is most well known for his success as a hedge fund manager. But when he wasn't earning 30% in annual returns, he was the chairman of the Democratic Leadership Council. Steinhardt credits the organization for bringing Bill Clinton into power. “It was an interesting experience,” he...
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Practical Jokes With Michael Steinhardt
Monday, January 10, 2011 - 2:49pm | 359Behind Michael Steinhardt's serious exterior is a man who knows how to break the tension. His own tension. Stockbrokers, on the other hand, are a bit on edge. “At the end of the trading day, particularly with a broker who was very anxious to get an order, I would pick up the phone and I would say...
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Michael Steinhardt: Hedge Fund Legend - Part 2
Monday, January 10, 2011 - 2:28pm | 1766Last year, Benzinga brought you Part One of our exclusive video interview with Michael Steinhardt. Today, we are proud to bring you the second part of our interview with the hedge fund legend. Interview with hedge fund legend Michael Steinhardt, Part 2 In Jim Cramer's book, Confessions of a...
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When A Hedge Fund Legend Gives Back
Tuesday, November 9, 2010 - 1:57pm | 345Michael Steinhardt is no stranger to investors. As a hedge fund legend responsible for creating a fund that earned 30% annually, Steinhardt has created a legacy unlike any other. But making money isn't the only thing he's famous for; Steinhardt is also one of the most charitable investors in the...
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Michael Steinhardt Talks Money Management, Surviving 1994, And Life After Retirement
Tuesday, November 9, 2010 - 1:53pm | 325It's not every day that you get to meet a legend. But this fall, Benzinga's Jason Raznick got the opportunity to sit down with Michael Steinhardt, the investment master whose hedge fund is famously known for earning 30% annually. Steinhardt said that he thinks the success of his fund can be...
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Michael Steinhardt: Hedge Fund Legend – Zing Talk
Tuesday, November 9, 2010 - 1:48pm | 1664Last month, Benzinga interviewed Michael Steinhardt. Now we are thrilled to bring you the first part of our interview with the hedge fund legend and philanthropist. How are you doing today Michael? I'm fine. Michael – your hedge fund that you started in 1965 returned approximately 30% annually...
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Benzinga Interviews Hedge Fund Legend Michael Steinhardt
Thursday, November 4, 2010 - 5:03pm | 1663This October, Benzinga interviewed Michael Steinhardt. Today we are proud to bring you the first part of our video interview with the hedge fund legend. How are you doing today Michael? I'm fine. Michael – your hedge fund that you started in 1965 returned approximately 30% annually before you...
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Michael Steinhardt Is Shorting 2-Year Treasuries (TBT)
Friday, September 17, 2010 - 3:08pm | 427Benzinga.com recently had the pleasure of interviewing noted philanthropist and former hedge fund manager Michael Steinhardt. The legendary investor founded macro based hedge fund Steinhardt, Fine, Berkowitz & Co. with two partners in 1967. In 1979 after his partners departed the firm, the fund...