Hedge Fund - Lone Pine Capital

 Outerwall, Pandora, Achillion, hedge funds: It’s no secret that at Insider Monkey, we track hedge funds (discover why here).

Here are the eleven most important moves made in the hedge fund world this week. Bill Ackman reduced his Herbalife short significantly, replacing it with long-term put options. Dan Loeb ups his activist campaign at Sotheby’s, snatching 9.

High-growth stocks: One of the biggest moves in the hedge fund world this week was Stephen Mandel’s decision to buy a massive stake in Pandora Media Inc (NYSE:P).

Stephen Mandel, Pandora: In a 13G filing, which indicates a passive stake has been taken, made public mere minutes ago, Stephen Mandel's Lone Pine Capital disclosed a 5.3% stake in Pandora Media Inc...

Now, according to many of your fellow readers, hedge funds are perceived as overrated, old investment vehicles of a forgotten age.

If you were to ask many traders, hedge funds are perceived as delayed, outdated financial tools of a forgotten age.

Now, according to many of your peers, hedge funds are seen as overrated, outdated investment vehicles of a period lost to current times.

To many of your fellow readers, hedge funds are seen as bloated, outdated financial vehicles of an era lost to time.

In the eyes of many market players, hedge funds are viewed as bloated, outdated financial tools of an era lost to time.