• Hedgies look to capitalize on coronavirus pain à la Warren Buffett

    Hedgies look to capitalize on coronavirus pain à la Warren Buffett

    Hedge fund billionaires like Nelson Peltz are looking to mimic Warren Buffett’s strategy of investing in distressed companies through preferred shares as the coronavirus wreaks havoc on the economy, The Post has learned. Large hedge funds like Peltz’s Trian Partners and Howard Marks’ Oaktree Capital Management have been scouring the globe for opportunities to plow …
  • It’s time for billionaires to use their billions to save the economy

    It’s time for billionaires to use their billions to save the economy

    Extraordinary times call for extraordinary measures. It’s time for the brightest in business to use the bulging billions on their balance sheets to help save the US economy. A consortium of Apple, Warren Buffett and JPMorgan need to lead us out of this mess by pooling $200 billion and leveraging resources for the good of …