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Supply Constraints Are A Big Deal For The Marijuana ETF
Tuesday, March 26, 2019 - 8:58am | 666The ETFMG Alternative Harvest ETF (NYSE: MJ) is up nearly 48 percent this year, making the fund one of the best-performing non-leveraged exchange traded funds in the United States. One of the most cited reasons for this year's bullishness for MJ and its components is increased cannabis...
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BlackRock Fires Latest Shot In Asset Manager Pricing War
Friday, March 22, 2019 - 9:49am | 582The fee pricing war among asset managers has reached a new level, with BlackRock, Inc. (NYSE: BLK) announcing this week that it is cutting the fees it charges institutional clients for its largest equity index mutual fund to its lowest level in history. BlackRock said that starting in July, the $4...
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Experts: Bitcoin Will Take Down Gold, Fiat Currencies
Tuesday, March 19, 2019 - 3:02pm | 682A pair of cryptocurrency and blockchain industry insiders made some bold predictions about the disruptive potential of blockchain technology in recent days. On Saturday, founder and CEO of Block.one Brendan Blumer tweeted that bitcoin may soon make gold obsolete as a store of value. Over the next...
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SEC Commissioner Jackson: Buybacks Coincide With Increased Insider Selling
Thursday, March 7, 2019 - 1:43pm | 354Call it a coincidence or something more malicious, but according to a prominent SEC commissioner, there is a strong correlation between company buybacks subsequent stock sales from executives. Specifically, SEC Commissioner Robert Jackson found that company insiders are far more likely to sell...
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Sam Zell's CNBC Interview Reveals A Deep Schism Regarding America And Its Character
Thursday, March 7, 2019 - 1:00pm | 922In the latest instance of a career of provocative and controversial statements, billionaire entrepreneur and real estate investor Sam Zell was again recorded voicing his unfiltered opinion during a panel interview on the March 6 edition of CNBC’s "Squawk Box." The Incredulous...
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Analysis: Why Boeing Nominated Nikki Haley To Its Board of Directors
Wednesday, February 27, 2019 - 1:28pm | 678Multinational aerospace and defense company Boeing Co. (NYSE: BA) announced Tuesday that it nominated former U.S. ambassador to the United Nations Nikki Haley to its board of directors. Haley, who served as ambassador during President Donald Trump’s first year in office, resigned from...
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Mallinckrodt Rejects Jim Chanos Thesis: 'Misleading, Not Based On Fact'
Friday, May 19, 2017 - 8:17am | 324A spokesperson for Mallinckrodt PLC (NYSE: MNK) rejected on Friday an assertion by short-seller Jim Chanos, who said he was shorting both Mallinckrodt and Express Scripts Holding Company (NASDAQ: ESRX) because their alliance could hurt investors. Chanos slammed Mallinckrodt’s exclusive...
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T. Boone Pickens: Donald Trump Is The Only Candidate Who Could Change Something
Wednesday, May 11, 2016 - 3:29pm | 794The SkyBridge Alternatives Conference (SALT) is a congregation of experts in various sub-industries throughout the United States, each of whom have come together to facilitate balanced discussions and communication. David Westin, co-anchor of Bloomberg <GO> recently spoke with T. Boone...
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SALT 2016: Get Ready For Another Market-Moving Conference
Wednesday, May 11, 2016 - 7:26am | 235It’s back! This week is the 2016 Skybridge Alternatives Investment Conference, better known to many as SALT. It’s an event unlike any other where the brightest and most influential minds in finance, business and politics come to one place to talk about the future. Other conferences...
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SALT 2015: On The Campaign Trail With Dan Pfeiffer
Saturday, May 9, 2015 - 11:42am | 625Dan Pfeiffer and Skybridge's Anthony Scaramucci sat down for a one-on-one conversation Friday at the SALT Conference in Las Vegas. A House Of Cards "The White House isn't like House of Cards. The president's strength is to see the long-term goal," began Pfeiffer....
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SALT 2015: Fighting The Fed, Activists And The Loeb-Buffett Rant
Thursday, May 7, 2015 - 12:40pm | 881Day 2 of the 2015 SALT Conference is in the books. Presented in Las Vegas by SkyBridge Capital, the second day of the event brought together a wide range of opinions on the markets. Fighting The Fed Peter Schiff talked about the Fed, and in particular, its forecasting inadequacies. In an...
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SALT Conference: Dan Loeb Sees Activism As A Positive Impact On The World
Thursday, May 7, 2015 - 11:49am | 474Dan Loeb sat down for a one-on-one with Anthony Scaramucci on Wednesday at the 2015 SALT Conference in Las Vegas. The conversation was different from some of the more charged sessions earlier in the day, as the two chatted like old friends. Perhaps that’s because Skybridge has over $1...
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2 Big Conferences Coming Next Week: SALT And Sohn Investment
Friday, May 1, 2015 - 1:41pm | 322With earnings season in full force, investors should be aware of two major conferences happening next week. SALT Conference: Hedge Fund Managers, Military Leaders Collide The SALT Conference is "committed to facilitating balanced discussions and debates on macro-economic trends, geo-...
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Troy Gayeski Dishes On SkyBridge Capital's Success
Wednesday, May 21, 2014 - 11:57am | 1002SkyBridge Capital's Partner and Senior Portfolio Manager, Troy Gayeski, sat down with Benzinga to discuss the hedge fund-of-fund's profound success in recent years. The SkyBridge Alternatives Conference (SALT) took place in Las Vegas earlier in May. SkyBridge outperformed the HFRI hedge fund...
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Congressman Paul Ryan Believes In Untapped Potential Of The Poor
Saturday, May 17, 2014 - 1:25pm | 595Congressman Paul Ryan, joined by Robert Woodson, Sr., Founder of Center for Neighorhood Enterprise, spoke Friday morning at SALT 2014, not to promote policies that aimed to benefit the personal agendas of the affluent audience, but to inspire support for the upward mobility of the impoverished...