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.”

-
WNC
Wabash National C - $1.36
- 0.00%
- $1.33
No Analysis added

-
WGII
Wgii - $0.00
- N/A
- $N/A
No Analysis added

-
TRN
Trinity Industrie - $15.14
- 0.00%
- $14.94
No Analysis added

-
KBH
Kb Home - $15.51
- 0.00%
- $15.01
No Analysis added

-
CTX
Centex Corp. - $8.61
- 0.00%
- $8.29
No Analysis added

-
SGR
Shaw Group Inc. - $28.60
- 0.00%
- $29.37
No Analysis added

-
NAV
Navistar Intl Cp - $39.72
- 0.00%
- $40.01
No Analysis added

-
RYL
Ryland Group - $17.90
- 0.00%
- $17.11
No Analysis added
- No Blogs Found
- Top Professional Portfolios
- 1. Navellier & Associ...
- 2. Highbridge Statistical...
- 3. Joel Greenblatt
- 4. Amana Trust Growth - A...
- 5. Fidelity International...
- show all
- Top Do-It-Yourself Portfolios
- » agtest1
- » Joy
- » tsamanuli Portfolio 1
- » brueckenc Portfolio 1
- » HMH1
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- » Renaissance Technologies
- show all
By Stockpickr Staff Posted on July 2, 2009 Developments in the stem cell world are starting to get very interesting. On Tuesday, General Electric (GE) signed an exc...
By Rebecca Corvino Posted on July 2, 2009 Every day, Stockpickr members are creating and sharing stock ideas with each other through various platforms. If you're not al...
By Rebecca Corvino Posted at 12:30 p.m. EDT on July 2, 2009 Making Thursday's headlines and sending stocks lower were reports that June saw the loss of 467,000 more job...
By Stockpickr Staff Posted on July 2, 2009 Some investors assume that at this time of year, it's the summer doldrums for the stock market. After all, as the saying goe...
A. fascinating story. I had read last week
of goldman pullig out of some reporting
making it more secretive. I guess we
are learning why
A. The only one I own : SLX,
too hard pick a winner out all of them
These stocks were downgraded by TheStreet.com Ratings on July 1, 2009. Check out the full article here.... more
Analyst Downgrades for July 1, 2009. Read more here. more
Here are the latest Activist or "13D" situations from the StreetInsider.com 13D Tracker page found at: http://www.13dtracker.blogspot.com/.... more








Comments not available