Industry PulseHedge Fund Industry Pulse Check(http://HedgeFundBlogger.com) I was on the phone yesterday with a hedge fund investor who said he simply could not keep up with all of the news coming out on hedge funds without spending his whole work day tracking it. He wanted to know what to receive a series of updates within a single post.Here is a collection of quotes on the current state of the hedge fund industry:- Hedge-fund manager David Tepper entered the third quarter with $3.1 billion of U.S. stocks and exited with $648 million, selling most holdings to reduce risk and raise cash as carnage spread across the financial markets. “We moved a lot out early because we didn’t want to lose money,” said Tepper, 51, president of Appaloosa Management LP in Chatham, New Jersey. The firm, which switched some money ...

Raising New CapitalRaising New Capital During the Crisis(http://HedgeFundBlogger.com) While many firms are hurting performance-wise I have spoken with over a dozen in the past 3 weeks still pushing capital raising efforts forward and showing positive performance so far for the year. Many managers are referring to this as a Darwinian process of weeding out those funds which did not have strong risk controls in place. To be fair I think most funds had consistently applied risk controls in place to weather "regular" market volatility and fluctuations and not movements which associate the time with the great depression. The hedge fund industry is not going away. When Soros mentions that the industry could shrink by 50% he fails to add in that most of that same capital will jump right back into other hedge funds or alternative investments ...

Andrew LahdeAndrew Lahde | Hedge Fund Closure LetterPast Post: Andrew Lahde | Andrew Lahde Capital Hedge Fund NotesI just received this note and letter from a trader in the industry after noticing that over 2,000 people today had read my former post on Andrew Lahde and his Lahde Capital Fund. Here is Andrew's fund closure letter with a short intro courtesy of Portfolio:Andrew Lahde, manager of a small California hedge fund, Lahde Capital, burst into the spotlight last year after his one-year-old fund returned 866 percent betting against the subprime collapse.Last month, he did the unthinkable -- he shut things down, claiming dealing with his bank counterparties had become too risky. Today, Lahde passed along his "goodbye" letter, a rollicking missive on everything from greed ...

Warren Buffett confirmed that he is indeed buying more US equities during this crazy period of volatility. The question though, is is it a good time for you and I to buy US equities? The answer is yes. And no. And maybe. Does that help? Here's the thing. Many stocks are at their cheapest level in years. Sentiment in the market is near all time lows, and much of the bad news is already out. This typically signals a good time to buy some stocks. But it depends on your situation. Are you dealing with money that you won't be needed to touch in the next couple of years? Because that's the kind of money that should be moving into the market now. If you're not retiring for many years, or are willing to hold through more periods ...

In Q2, SAC Captial, the mega-billion company out of Stamford, CT bought shares in Target and Pilgrim’s Pride and added to other positions…..follow the picks at:

http://trackthepros.com/categories.php?category_id=1542