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Peter Rudegeair on Muck Rack

Peter Rudegeair

Verified
New York
As seen in: The Wall Street Journal, Facebook, MSN, Business Insider, Daily Mail, HuffPost, Reuters, The Wall Street Journal (Japan), Fox News, TechCrunch, The Wall Street Journal (China) and
Wall Street Journal reporter covering hedge funds and investing.
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Peter Rudegeair’s Biography

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Peter Rudegeair is a banking and finance reporter in the New York bureau of the Wall Street Journal.

Articles

The risk-amplifying strategy that led to big losses at situational awareness

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By Peter Rudegeair Verified
| MSN Verified
Situational Awareness placed a massive, concentrated bet on artificial intelligence. On Wall Street, that kind of trade amounts to what some call a “Texas hedge”—a risk-amplifying strategy that is the opposite of a traditional hedge. It's a big, one-way bet. The term originated from ranchers who owned herds of cattle taking out futures contracts betting that the price of their livestock would rise—instead of taking the opposite position to limit risk.
Open in Who Shared Issue with article?

The Risk-Amplifying Strategy That Led to Big Losses at Situational Awareness

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By Peter Rudegeair Verified, Jeff Morganteen Verified
| The Wall Street Journal Verified
Situational Awareness placed a massive, concentrated bet on artificial intelligence. On Wall Street, that kind of trade amounts to what some call a “Texas hedge”—a risk-amplifying strategy that is the opposite of a traditional hedge. It’s a big, one-way bet. The term originated from ranchers who owned herds of cattle taking out futures contracts betting that the price of their livestock would rise—instead of taking the opposite position to limit risk.
Open in Who Shared Issue with article?

Bill Ackman Calls His New Fund’s Slumping Stock Price ‘Frankly Absurd’

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By Peter Rudegeair Verified
| The Wall Street Journal Verified
Bill Ackman visited the New York Stock Exchange in April for his fund’s IPO. Shuran Huang for WSJ Bill Ackman’s stock-picking funds are trailing the broader market so far this year. He’s hoping a portfolio makeover, including fresh bets on companies such as Netflix and Visa, can help turn things around.
Open in Who Shared Issue with article?
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