1. Hedge Fund Billionaire Bill Ackman Provides a Perfect Example of How The Rich Get Richer

    Hedge Fund Billionaire Bill Ackman Provides a Perfect Example of How The Rich Get Richer

    There's a great piece in the Wall Street Journal about how Wall Street's masters of the universe invest their own personal money through family offices, and how that can sometimes raise eyebrows across the industry.

    It's not hard to see why family offices can be a problem. Big time investors are supposed to be putting their clients' interests first, and the WSJ argues that if they're investing for themselves, they might get distracted from their work...

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