Wizards

Former NBA player Shaquille O’Neal has seen a significant increase in his wealth, quadrupling his net worth through an investment strategy inspired by Amazon’s CEO, Jeff Bezos. What Happened: In an interview, O’Neal disclosed that his investment choices are guided...

Bill Miller IV‘s investment firm has seen significant losses in its fourth-quarter portfolio additions as market uncertainties persist. What Happened: According to U.S. Securities and Exchange Commission filings from February 14, Miller Value Partners, which investor Bill Miller III‘s...

Billionaire investor John Paulson and NovaGold Resources, Inc. (AMEX:NG) have agreed to purchase a significant stake in the Donlin Gold project in Alaska. Barrick Gold Corp. (NYSE:GOLD) will sell its entire 50% interest in the project for $1 billion in cash. The Details: Novagold will purchase a 10...

Activist investor Dan Loeb‘s Third Point LLC held 1.78 million shares in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) as of December 2024. The chip manufacturer’s share price dipped nearly 27 year to date. Compared that to VanEck Semiconductor ETF (NASDAQ:SMH), which fell over...

Milwaukee-based manufacturer Regal Rexnord Corp (NYSE:RRX) may be down, but Andreas Halvorsen's Viking Global Investors is clearly not out. What Happened: An April 18 13G filing revealed the $30.9 billion hedge fund scooped up 2.68 million shares of the industrial components maker on April 11 —...

Billionaire Warren Buffett once shared his insights on achieving success, emphasizing the importance of recognizing personal strengths, choosing the right partners, and not fearing mistakes. What Happened: Buffett, who became a millionaire by age 32, attributed his success to his...

Billionaire hedge fund manager Bill Ackman posted his investment thesis for Hertz Global Holdings, Inc. (NYSE:HTZ) on Thursday, one day after disclosing his fund, Pershing Square, had built a sizable stake in the car rental company.  The Details: Ackman confirmed a previous CNBC report that...

Israel Englander‘s Millennium Management purchased Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded funds in the fourth quarter, according to a February 14 13F-HR filing with the U.S. Securities and Exchange Commission, but these investments have significantly declined in...

President Donald Trump established a new body within the Commerce Department to manage the CHIPS and Science Act of 2022, benefiting companies like Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM). Here's a look at some of hedge fund manager Dan Loeb‘s semiconductor and electrical stocks...

Billionaire and Dallas Mavericks owner Mark Cuban once shed light on the common misconceptions about super-rich individuals and the impact of wealth on personal relationships. What Happened: Cuban, who has made a name for himself by investing in profitable companies and appearing on “Shark...

Investment maestro Peter Lynch once shed light on the distinguishing traits that set successful investors apart from the average ones. What Happened: Lynch underscores the significance of patience, courage, and discipline, asserting that these qualities hold more weight than mere intelligence....

Amid market turbulence, legendary investor Charlie Munger once offered his perspective, urging investors to remain steadfast and focused on long-term fundamentals. What Happened: Following President Donald Trump‘s declaration of extensive tariffs, the S&P 500 momentarily slipped into bear...

ValueAct Holdings, L.P. initiated a position in Amazon.com Inc. (NASDAQ:AMZN) in the fourth quarter of 2024, purchasing 536,900 shares worth approximately $122 million, according to a 13F-HR filing with the U.S. Securities and Exchange Commission on Feb. 14. What Happened: Since then, Amazon’...

Billionaire investor Bill Ackman and CEO of Pershing Square Capital Management on Wednesday praised President Donald Trump's decision to place a 90-day pause on tariffs for countries that have not retaliated against U.S. trade measures. The president also hiked tariffs on China to 125%, effective...

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned Wednesday that escalating U.S.-China trade tensions have significantly increased the risk of a recession after President Donald Trump's tariff policies destabilized financial markets.  The Details: During a Fox Business interview, Dimon...