Delivering Alpha

Noted activist investor Bill Ackman announced his latest stock pick yesterday at CNBC's Delivering Alpha Conference. Ackman, who is well-known for being actively involved in the current J.C. Penney (NYSE: JCP) turnaround process, revealed that his Pershing Square fund owns approximately $1.8...

Kathleen Kelley, formerly of Kingdon Capital and veteran global macro portfolio manager, stated Wednesday that the U.K. may be the weakest of all European economies. From an investment stand point, Kelley cites that shorting the euro is a very crowded trade and is difficult to do. She believes...

Kynikos Associates' Jim Chanos just told the audience at the Delivering Alpha conference that Hewlett-Packard (NYSE: HPQ) is the ultimate value trap. Chanos says Hewlett-Packard is destroying value through all its acquisitions among other things. Chanos was turned onto Hewlett-Packard after it...

Omega Advisors' Chairman and CEO, Leon Cooperman, revealed his best investment ideas at the Delivering Alpha conference on Wednesday. Cooperman noted that he is bullish on equities and cited them as "the best house in the financial neighborhood." According to him, the stocks are cheap against the...

In an interview from CNBC-organized Delivering Alpha in New York on Wednesday, Peter Briger of Fortress Investment Group (NYSE: FIG) said there are going to be thousands of investing opportunities over the next 4 to 5 years. Briger advised that cash is currently a "great place to be in" because...

Richard Perry, CEO of Perry Capital appeared at CNBC's Delivering Alpha Conference on Wednesday. He participated in the Global Opportunities panel that was moderated by a Squawk Box co-anchor Becky Quick. Other panelists included Peter Briger, Mary Callahan Erdoes, and Jane Mendillo. During the...

U.S. Secretary of Treasury Timothy Geithner agrees the economy is "definitely slower." In an interview that headlined CNBC-organized Delivering Alpha in New York on Wednesday, Mr. Geithner told Larry Kudlow that the reason for the slowdown is the enormous size of the ditch the economy has been...

The annual conference from CNBC and Institutional Investor returns for another year of in-depth discussions involving the market's most important issues. Featuring Timothy Geithner as its keynote speaker, Delivering Alpha attendees will get to hear from Preet Bharara, United States Attorney for...

There was a report in the N.Y. Post this morning that J.P. Morgan (NYSE: JPM) CEO Jamie Dimon was seen meeting with Mitt Romney. If this is true, Dimon could be to President Obama what Benedict Arnold was to George Washington: a turncoat. Obama has long considered Dimon his top ally on Wall...

With this morning's mixed picture, the answer to the question remains a big "no one knows." August housing starts came in at 571,000, down 5% month-over-month. Building permits were a little better than expected, coming in at 620,000. Economists had been expecting 590,000 starts. This is up 3.2...

This is not the first time we've heard this either. At the CNBC Delivering Alpha conference the other day, hedge fund managers were there to give their best ideas, have some good food, network with other hedge-funders and talk about a variety of issues pertaining to the world economy. Many of...

Tyler Mathisen of CNBC hosted a panel yesterday at the CNBC/Institutional Investor "Delivering Alpha" conference with six of the brightest minds in the hedge fund world, and asked them for some of their best investment ideas. Up first was Kyle Bass from Hayman Capital, and his idea was to short...