Hedge fund boss Ken Griffin says LME was ‘incomprehensibly wrong’ to wipe $ 4bn in nickel trades

Kenneth Griffin, chief executive and founder of hedge fund Citadel, is the latest finance giant to criticize the London Metal Exchange after a March spike in nickel prices led the trading platform to cancel almost $ 4bn in trades. “That was one of the worst days in my professional career in terms of watching the … Read more

Warren Buffett’s Protégé Is Building a Mini Berkshire

Tracy Britt Cool spent a decade working for Warren Buffett. She now wants to buy the kinds of companies that might have interested the famed investor 30 or 40 years ago. Those are businesses typically run by founders or family owners that have solid performance and competitive “moats” —a favorite term of Mr. Buffett’s — … Read more