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 …
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 …