Wall Street Folly

According to Atticus Capital’s Tim Barakett’s letter to investors regarding the closing of the funds that he manages (Atticus Global, Ltd. and Atticus Global, LP):

My decision is solely a personal one. After fifteen years of being singularly focused on building and managing Atticus, I believe it is time to reassess my future. I intend to spend more time with my family, pursue my philanthropic interests and establish a family office to manage my own capital and charitable foundation.

Here’s our translation: I had a crappy 2008 and what with that pesky high water mark where I’d have to work for free, I’m packing it in so that I can spend more time with my family, yadda, yadda. Read the rest of this entry »

Tags: 13F Chart Study, Atticus Capital, Hedge funds, high water marks, liquidations, Tim Barakett

And assets under management, $7.8 billion at the end of June ‘08, have reportedly dropped to $1.9 billion. According to the NY Post: Read the rest of this entry »

Tags: 13F Chart Study, Clarium Capital, Hedge funds, Peter Thiel

Here’s the 13F Chart study for Greenlight Capital updated for Q1 2009 (priced as of 6/01/09). As always, keep in mind that the 13F filing is a snapshot at 3/31/09, and there may portfolio changes since then:

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Tags: 13F, 13F Chart Study, David Einhorn, Greenlight Capital, Hedge funds

Here’s the 13F Chart study for Baupost updated for Q1 2009 (priced as of 6/01/09).  As always, keep in mind that the 13F filing is a snapshot at 3/31/09, and there may portfolio changes since then:

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Tags: 13F Chart Study, Baupost, Hedge funds, Seth Klarman

Here’s the 13F Chart study for Berkshire Hathaway updated for Q1 2009 (priced as of 6/1/09)

As always, keep in mind that the 13F filing is a snapshot at 3/31/09, and there may portfolio changes since then:

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Tags: 13F Chart Study, Berkshire Hathaway, Charts, Warren Buffett