Author: CapitalGainsFund

Feb 18

Market Extra: The hedge-fund investor who has beaten Warren Buffett by 200x likely made a killing on Tesla

Renaissance Technologies, added more than 3 million shares of Tesla to its holdings in the fourth quarter of last year, as the electric-vehicle maker’s shares catapulted higher, according to public filings. The hedge fund founded by James Simons, considered the premiere quantitative-driven investor, owned 3.9 million shares of Tesla at the end of Dec. 31, […]
Feb 18

Best New Ideas in Health Care: How AI ‘therapists’ and machine learning could be the answer to affordable mental health care

“Alexa, I’m depressed.” The idea that a tabletop virtual assistant such as Alexa or Siri knows or cares how you’re feeling sounds straight out of some neurotic comedy. Today, at least. Mental health is a brave new frontier for artificial-intelligence and machine-learning algorithms driven by “big data.” Before long, if some forward-looking psychologists, doctors and […]
Feb 18

Capitol Report: CNBC’s Jim Cramer: Elizabeth Warren’s attack on billionaire Leon Cooperman hurt us all and could cost her the presidency

Hedge-fund billionaire Leon Cooperman joked back in September that the stock market wouldn’t even open if Sen. Elizabeth Warren were to win the presidency and bring her plans to tax the rich to the White House. She wasn’t laughing and fired back on Twitter TWTR, +2.84%  : “Leon, you were able to succeed because of […]