Tontine Partners
97875 views
Rate Now: 1 2 3 4

average rating: 3.70 / 32 ratings
DESCRIPTION:

Date updated:11-15-2007

Tontine is a multi-billion dollar Greenwich based Hedge Fund managed by 45 year old Jeffrey Gendell. The fund was started by Gendell in 1997 and has since posted spectacular returns, gaining more then 100% in both 2003 and 2005. Gendell’s specialty is picking a macro-styled theme, buying very large positions in companies that benefit from that theme, and then working with or pressuring management to improve shareholder returns. Famous examples including buying homebuilders in 2003 and various major steel companies in 2005.

Gendell is a graduate of Duke University and began his Wall Street career at Smith Barney, working in the corporate finance department. His fund is named after 17th century Italian banker Lorenzo de Tonti, who invented an annuity where several partners invest and receive annual dividends. As each investor dies off their share is credited to the remaining partners, leaving the last man alive with all the money. The name is a play on Gendell’s desire to be the “last investor standing.”

symbol name last price % change open
  • +
  • WNC
    Wabash Natl Cp
  • $1.71
  • -3.39%
  • $1.71

No Analysis added

People owning WNC also tend to own: AMDGSTMOBENMHCOPWVPRSTTLCV

TheStreet.com Rating: D What is this?

  • +
  • WGII
    Wgii
  • $0.00
  • N/A
  • $N/A

No Analysis added

People owning WGII also tend to own: AWIBBIBOLEKHAICOIDT

TheStreet.com Rating: No Rating What is this?

  • +
  • TRN
    Trinity Ind
  • $18.76
  • -2.60%
  • $18.51

No Analysis added

People owning TRN also tend to own: AHMAIZALBAMPAVTAXCABBI

TheStreet.com Rating: C- What is this?

  • +
  • KBH
    Kb Home
  • $13.62
  • -1.80%
  • $13.48

No Analysis added

People owning KBH also tend to own: AETBZHCGIFBPHOVLUKMDC

TheStreet.com Rating: D What is this?

  • +
  • CTX
    Ctx
  • $0.00
  • N/A
  • $N/A

No Analysis added

People owning CTX also tend to own: CFCGFICSGLSTRMOTTRFWU

TheStreet.com Rating: No Rating What is this?

  • +
  • SGR
    Sgr
  • $0.00
  • N/A
  • $N/A

No Analysis added

People owning SGR also tend to own: ABDBOHCNOCOODJOEEFTELX

TheStreet.com Rating: No Rating What is this?

  • +
  • NAV
    Navistar Intl Cp
  • $32.18
  • -1.47%
  • $31.69

No Analysis added

People owning NAV also tend to own: PGTIWLTAXRBIDUCHAPGSPCP

TheStreet.com Rating: D+ What is this?

  • +
  • RYL
    Ryland Group Inc
  • $18.04
  • -2.17%
  • $17.93

No Analysis added

People owning RYL also tend to own: DEBSDLXEXPOHRBKCPLENLIZ

TheStreet.com Rating: D+ What is this?

previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to Jim Cramer, investors need to know the four enemies of all bull markets. On Wednesday’s “Mad Money” TV show...

11.27.09 | 13:36 PM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to CNBC’s “Fast Money” traders, the adjustment in the third-quarter GDP figure released on Tuesday from an exp...

11.27.09 | 12:22 PM
Black Friday Short-Squeeze Oppor...

By Jonas Elmerraji Posted on Nov. 25, 2009 With Thanksgiving fast approaching, retailers have one thing on their collective minds: Black Friday. After all, the day, whi...

11.25.09 | 13:33 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
Other People's Ideas (OPI)
11.28.09 | 15:23 PM From author Valerie J
more forums
today 's lists
Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more

Biggest % Losers

Here is the stock list of some of the largest % losers from Nov. 27, 2009. more

Rising on Unusual Volume

Here are some stocks that moved up on unusual volume on Nov. 27, 2009. more