This Hedge Fund Portfolio Shrinks 17% as Billionaire Bets Big on Gold
Paulson's hedge fund reduced its equity book to $2.58B in Q2, exiting two positions and opening a stake in Alphabet.
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Paulson's hedge fund reduced its equity book to $2.58B in Q2, exiting two positions and opening a stake in Alphabet.
Read original at benzingaFiled: 2026-08-12 AccNo: 0001628280-26-055962 Size: 182 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Read original at edgarBill Gates warns AI could accelerate job losses and wealth inequality, urging governments to prepare with new policies.
Read original at benzingaPeter Thiel sold 2 million Palantir shares in March 2024, netting approximately $280 million, but still retains roughly 3% ownership (98 million shares). While the sale could signal concerns about valuation multiples (P/E of 151, P/S of 74), the author argues it likely reflects personal reasons rather than fundamental issues. Palantir's strong financial performance—89% revenue growth to $3.57 billion and 256% profit growth in H1 2026—and its valuable AI platform support a bullish long-term outlook despite elevated valuations.
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