Peter Rudegeair @rudegeair
Wall Street Journal reporter covering hedge funds and investing. #FreeEvan wsj.com/news/author/pe… New York Joined July 2009-
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.@RonanFarrow highlighted Evan Gershkovich’s unjust imprisonment at an event last night with YLS dean @GerkenHeather That’s a #FreeEvan pin reflecting off his lapel
A year of Evan Gershkovich's life has been stolen A year of weddings, of spikeball on the beach, of beers in Berlin, of New Year w/ mayo-filled salad; of reporting on monumental Russian changes Today I had the honor to write about my friend Evan in WSJ: wsj.com/world/russia/e…
We’ll keep telling Evan Gershkovich’s story—until he can tell his own. #IStandWithEvan
It's been 50 weeks that my friend and colleague Evan Gershkovich has been detained by Russia. The support from friends, colleagues and strangers keeps us going. Evan was on the cover of Time magazine. President Biden mentioned him in his State of the Union address. #FreeEvan
Two Penn undergrads got hooked on value investing & started picking stocks from their dorm rooms. Then their hedge fund, Spruce House, started chasing growth, buying big stakes in Carvana & Wayfair. It's been a bumpy ride: -~66% in '22 +~65% YTD wsj.com/finance/invest…
Citadel is handing back ~$7 billion in profits to investors this year and still will have $58 billion in assets to start 2024 wsj.com/finance/invest…
Today marks 250 days since @evangershkovich was detained in Russia for doing his job as a journalist. It's time to bring Evan home #IStandWithEvan
New from @rudegeair and me: A big and somewhat unexpected win for the IRS this week could mean higher taxes for hedge fund managers. wsj.com/finance/irs-co…
SHORT STOP: Jim Chanos throws in the towel after a bruising period for bears, late-week scoop from @GZuckerman @rudegeair wsj.com/finance/stocks…
Some personal news
U.S. banks are unloading the risk of loans going bad to @blackstone, @DEShawGroup & other investment firms as a way to adapt to tighter regulations and rising rates. Latest w/ Matt Wirz wsj.com/finance/bankin…
Happy 32nd birthday to @evangershkovich Evan, a WSJ reporter and friend, has been an unjust prisoner in Russia for 211 days I miss you #FreeEvan #IStandWithEvan
.@WSJ scoop: Billionaire investor & X/Twitter fanatic Bill Ackman is eyeing the platform as a possible target for his new investment vehicle. Says he would “absolutely” consider a deal to take Elon Musk’s company public again: wsj.com/tech/bill-ackm…
Dan Loeb's Hot Hand Goes Cold Losses at Third Point are leading to a flood of investor withdrawals. Strategies that once produced big gains (activism, shorting, VC) haven't helped lately. w/ @GZuckerman & @CaraRLombardo wsj.com/finance/invest…
It's been 6 months since Journal reporter @evangershkovich has been wrongfully imprisoned in Russia for doing his job. Journalism is not a crime. #IStandWithEvan Read Evan's family's open letter: "It’s hard not to think about everything he is missing" wsj.com/world/evan-ger…
Tfw your career choice gets roasted in the alumni mag thepenngazette.com/small-town-dre…
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Maybe you’ve never heard of Stripe, but if you’ve bought things online, you’ve probably used it. How two brothers turned the stodgy business of processing payments into a hot commodity. A great read by @rudegeair. wsj.com/articles/how-p…
PALI MATH: Social Capital raised five SPACs last year and filed confidentially for seven more. Awesome profile of Wall Street’s man-of-the-moment, from @rudegeair & @maureenmfarrell wsj.com/articles/when-…
Small businesses are in free-fall. ILSR, together with more than a dozen national and local small business organizations — is calling a rapid and aggressive federal policy response to avert disaster. 1/ ilsr.org/what-the-feder…
It doesn’t want to be regulated like a bank either, tbf wsj.com/articles/squar…
"Pour one out for making it rain." Dynamite Ahed from @rudegeair on the unlikely promoters of Square's Cash App: wsj.com/articles/dont-… via @WSJ
Working on my Chernobyl accents
NOT HIP TO BE SQUARE: terrific scoop by @rudegeair Square has forwarded receipts documenting transactions as sensitive as an obstetrician’s visit to people uninvolved in the purchases wsj.com/articles/squar… via @WSJ
Before you pay for your divorce lawyer with a credit card via Square, you really should read this @rudegeair story about misdirected Square receipts. wsj.com/articles/squar…
Venmo is living the dream. @rudegeair wsj.com/articles/venmo…
Startup Software is the new Enterprise Software. Startup Software = tools that make it easier to create and build new companies. Eg Stripe, Shopify, WeWork, Plaid, Intercom, Outreach, etc etc. This is the sleeper category in B2B. /1
Generational divide over social media and privacy, perfectly captured in this @rudegeair story: millennials don’t mind sharing payment history publicly or love the voyeur aspect of it; 88% of those who don’t use Venmo think social aspect is creepy wsj.com/articles/drug-…
First official photo of the three Drs. Beckerman. Congrats on your graduation, Marc! Good luck w your internship starting soon at @MSHSSurgery and then @RWJUH Anesthesiology! Fun times ahead....
This is a phenomenal essay for anyone in tech. Related: don’t fool yourself by only surveying your happy customers (how most startups measure NPS and gloat about their scores). A true measure of NPS includes the whole denominator of people who tried to get your product. x.com/eugenewei/stat…
Invisible asymptotes: your customer may say they want a faster horse, but at least you learned that they want to travel faster. eugenewei.com/blog/2018/5/21…
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