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Journalism (jour•nal•ism, noun): 1. the work of reporting, writing and editing information, seeking accuracy and fairness
Opinion (o•pin•ion, noun): 1. a belief or judgment that rests on grounds insufficient to produce complete certainty.
Masters of the Universe / 02.07.2020

The Commodity King

Paul Touradji, commodity trader extraordinaire, once sent an employee to fly in a tiny helicopter over Madagascar to survey the coffee crop there. Touradji liked first-hand information about the things he bought and sold. The poor employee crashed and had...

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Masters of the Universe / 02.07.2020

Eat, Pray, Pump Iron

Abilio Diniz can run backward. On a treadmill. In the dark. At age 77. Don’t hate Abilio Diniz. He wants you to do all the things he can do when you, too, are pushing 80: box, play squash, pump iron, even...

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Masters of the Universe / 02.07.2020

Robbins Earns 84% in a Year and Ice Skates in his Backyard

When Larry Robbins was a boy in the Chicago suburbs, his father, Sheldon, worked two jobs and wasn’t around much. If the young Robbins wanted to see him on weekends, he had to travel to Arlington Park, a nearby horse-racing...

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Masters of the Universe / 02.07.2020

Mark Rachesky Is Doctor Deal

Mark Rachesky, a Stanford University M.D. who’s never practiced, worked for deal junkie Carl Icahn for six years. Then he left to start his own company: MHR Fund Management LLC. Master and apprentice met again in 2008, when Icahn, a...

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Masters of the Universe / 02.07.2020

Whale Slayer Looks for Next Kill

Andrew Feldstein, the Harvard-educated lawyer who leads BlueMountain Capital Management LLC, has had a good run. His firm boasts just one losing year since it started in 2003. Assets have swelled to $12.7 billion, and he has 150 people in...

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Masters of the Universe / 02.07.2020

Wall Street Numerology

Past the two Bentleys in the driveway and beyond the pool and mini water park, the home theater and a sports bar hung with enough memorabilia to equip a basketball team, Tom DeMark has his office — a dark, wood-...

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Masters of the Universe / 02.07.2020

Sean Healey, His Hedge Funds, and the Million-Dollar Fish

One thing Sean Healey missed most when he left Goldman Sachs Group in 1995 was his business card. Flashing it was a surefire way to convince people of his credentials. “People would say, ‘Oh, you must be a genius,’ ” Healey jokes. Then he moved...

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Masters of the Universe / 02.07.2020

Steve Cohen Can Play Golf, Too

In late January, billionaire Steven A. Cohen hosted a golf outing for two dozen people at the Bear Lakes Country Club in West Palm Beach, Florida. Most of his guests were investors in his hedge fund firm, SAC Capital Advisors LP, plus a few prospects....

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Masters of the Universe / 02.07.2020

Wasserstein’s Ghost

Bruce Wasserstein, dead for two years, still casts a pall over the Rogue River Valley of southern Oregon....

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Masters of the Universe / 02.07.2020

Falcone Blasts Money Into Space

Philip Falcone left his hometown of Chisholm in northern Minnesota’s rusting Iron Range in 1980 in the passenger seat of a 12-year-old Mercury Cougar that cost $150. He became one of the richest men in New York. Then he dabbled...

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