'Ground to a halt': Insiders detail the struggles of trying to launch a hedge fund during a global pandemic that's paralyzed investors and sapped liquidity

One capital introduction specialist said that money managers in the process of setting up a new fund should push their expectations back six months.

March 27, 2020   |   View Online »

'Ground to a halt': Insiders detail the struggles of trying to launch a hedge fund during a global pandemic that's paralyzed investors and sapped liquidity Bradley Staacks | One capital introduction specialist said that money managers in the process of setting up a new fund should push their expectations back six months. Read More »

Read the internal letter sent by Amazon employees asking the company to protect its warehouse workers and take a stand against ICE amid the coronavirus pandemic Rosalie Chan | A group of Amazon employees called We Won't Build It said the company should better protect employees at data centers, warehouses, and Whole Foods. Read More »

Here's exactly what it takes to get accepted into Harvard Business School, according to 5 grads and the managing director of admissions Robin Madell | In response to the pandemic, Harvard extended its application deadline for the 2+2 program to June 1 and will maintain a larger waitlist than normal. Read More »

Here's exactly what it takes to get into the University of Chicago Booth School of Business, according to 5 students and grads and the deputy dean for MBA programs Allison Duncan | While Booth isn't delaying application deadlines amid the pandemic, it will accept GRE/GMAT scores through July 1 given the closures of test centers. Read More »

GOLDMAN SACHS: Buy these 14 stocks, which all possess the 3 most important qualities for shielding against coronavirus fallout Marley Jay | Now is the ideal time to find shelter in the stock market because earnings season is going to be tough. Read More »

Brex just open-sourced its recession contingency plans. Here's how the $2.6 billion credit card startup is preparing to weather ongoing economic uncertainty. Megan Hernbroth | In a webinar Wednesday, the three-year-old startup outlined how it is thinking about fundraising and cost reduction for other startups. Read More »

Tesla workers say they've been left confused, scared, and frustrated as the coronavirus spreads rapidly through the US Mark Matousek,Linette Lopez | Nine Tesla employees criticized Tesla's response to the novel coronavirus in interviews with Business Insider. Read More »

Legendary investor Laszlo Birinyi nailed the 11-year bull market at every turn. He shares his 7-part strategy for thriving during a prolonged crisis — and says a quick recovery from the coronavirus is 'wishful thinking.' Akin Oyedele | "Investors should not even entertain the idea of a V-shaped recovery," Birinyi said in a client letter. Read More »

A Wall Street analyst says cloud software giants like Salesforce, Microsoft and ServiceNow may have an edge in tech's coronavirus downturn Benjamin Pimentel | Software giants with subscription-based businesses like Salesforce, Microsoft and ServiceNow have an edge in the downturn, a Wall Street analyst said. Read More »

The 'trade of the century': 2 hedge-fund managers break down a simple investing strategy built to profit from wreckage caused by the coronavirus Christopher Competiello | "What you have is the potential for the collapse of an entire country or economic system," Kevin Smith, the founder and CEO of Crescat Capital, said. Read More »

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