gg

I don't think you'll be able to find that information for hedge funds. I think that most money invested in HFs is tax-exempt. In addition, funds don't need to publicly disclose returns, nor do they have to disclose who their investors are. Depending on what you need to write this paper for, maybe you can analyze the performance differential between onshore vs offshore vehicles for the same hedge fund management companies?

Bloomberg terminal might help but if its a tiny debt issuance from a tiny company, they probably won't show it. Did you try contacting the company directly and asking them who owns the debt? At the very least, their CFO must either send bond holders their interest payments directly or use a service to do so. If the latter, find out the service provider and follow up with them.

Kraven, 1) I couldn't agree more with your attitude of "I couldn't care less about any individual stock...I don't hang any stock on a wall to marvel at it's beauty." 2) I'm curious to know how you keep track of so many positions. How do you follow each company's news, note your most recent estimates of each company's intrinisic values, and ultimately keep up with it all to make sure you sell when the stock price is no longer cheap. I have the exact same philosophy as yours, but I implement it by holding far fewer companies. Since I am buying on the basis of cheapness alone (as opposed to high quality business model/management) I consider it far more important to scrutinize management's decisions and stay up to date on any relevant information I can find on the companies. In practice, I end up with 5-15% positions, and a very large cash balance (but that is also partly because most of my investments are in pretty small, illiquid companies)

anyone know off the top of their head approximately what Prem's cost basis is in BBRY?

Chicago, IL

Barnes & Noble still exists? and people still buy books from them??

Can't tell if that is sarcasm or not, but in case it's not, SAC doesn't really trade illiquid holdings. They often own significant chunks (>5%) of stock in large companies, but this is in no way comparable to a Bears Stearns event. Bears' assets were illiquid, leveraged, and there were not enough buyers of the esoteric securities they were trying to get rid of. In the worst case scenario where SAC had to liquidate in a short time frame, they are doing so with the markets at peak levels and they trade mostly common stocks which are highly liquid. On top of that, they are not too leveraged, especially compared to banks and other hedge funds.

matjone - any specific reason you decided to look at Slovenia? I know nothing about the place, simply curious if there is a reason you are looking for value there

For one, he's not really putting his career at risk since he is one of the founding partners of Skybridge Capital. They're a fund of funds with over 8 billion in AUM, so he should be pretty set financially. In terms of why he would so brazenly defend SAC-- while there the risk that he is wrong and potentially "looks stupid", the fund of funds business is highly relationship based, and being close with Steven Cohen can certainly help Skybridge get access to some of the SAC spin off funds, and other difficult to access hedge funds.

On last night's call they mentioned that the LOI was submitted by a consortium based in "Hampton Roads area of Southeast Virginia". If you google that, plus the word "museum", you can see that the Hamptons Road Naval Museum (http://www.history.navy.mil/museums/hrnm/index.html) is based in Hamptons Roads area of Southeast Virginia. I went to the museum's website, and this notice is on the homepage; "Special Notice: Beginning on July 8th until further notice, the Hampton Roads Naval Museum will close Monday to absorb reductions resulting from the announced Federal furlough." This does not bode too well for their ability to spend $189 million on titanic assets...