‘I’ve already won’: Why Blues bettor won’t hedge his $100,000 ticket

Scott Berry is a die-hard St. Louis Blues fan, who is one game away from winning $ 100,000 off a $ 400 bet he made in January. Here is why he isn’t hedging that bet.
www.espn.com – NHL

Fidelity Says It Will Trade Bitcoin for Hedge Funds

Fidelity Investments said it will store and trade digital currencies for hedge funds and other professional investors, becoming one of the first Wall Street giants to step into this volatile corner of the financial world.
WSJ.com: WSJD

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Hedge funds stand by Facebook as their favorite stock pick

Hedge funds stand by Facebook as their favorite stock pickA record 28% of the hedge funds Goldman follows own it.



Yahoo Tech

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Hedge Fund Adviser Pleads Guilty in David Bergstein Fraud Case

Keith Wellner, a hedge fund adviser, has agreed to plead guilty and to cooperate with prosecutors who are preparing to try film producer David Bergstein for an alleged $ 26 million fraud scheme. Wellner pleaded guilty in federal court in Manhattan to six counts of securities fraud, investment adviser fraud, and wire fraud. Under terms of […]

Variety

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The World’s Largest Hedge Fund Is Building an Algorithmic Model From Its Employees’ Brains

Bridgewater wants day-to-day management—hiring, firing, decision-making—to be guided by software that doles out instructions. The project is the latest bid by founder Ray Dalio to perpetuate his unorthodox philosophy.
WSJ.com: WSJD

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