Page 6 - கேப் பிலொட்கின் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sundheim’s D1 Shakes Off Its $4 Billion Reddit-Fueled Fiasco Bloomberg 1 hr ago Hema Parmar and Katherine Burton (Bloomberg) It was the kind of moment that would normally sink a hedge fund: Dan Sundheim was on Zoom, apologizing to clients for losing $4 billion in a single month. He ticked off strategy changes, noted he wasn’t going to dock his team’s pay and then headed back to work. Popular Searches Now, mere weeks later, the episode is behind him. Sundheim has recouped about 90% of what he lost in January when retail investors attacked his short bets on the likes of GameStop Corp. That recovery has put his D1 Capital Partners back into one of the most rapid ascents ever seen in money management. His presentation that February day fit what investors have come to expect from the 44-year-old billionaire unemotional yet sincere, supportive of his 51-member team, and unfazed by risk attributes they say helped him amass $20 billion in less than three

United statesNew yorkNew jerseyHa afonToms riverPhilippe laffont coatueAndy warholMichael jordanWarren buffettDan sundheimJean michel basquiatGabe plotkin melvinAndreas halvorsenGamestop corpMastercard incFacebook inc