Forums  > Off-Topic  > The reclusive hedge fund tycoon behind Trump presidency  
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Total Posts: 105
Joined: Aug 2012
Posted: 2017-03-20 12:11
Interesting and long article about Bob Mercer being the man behind Trump's presidency.
I figured it does not relate to trading so I have not posted in the RenTech thread. However, I still think it can be of interest to you guys.


Total Posts: 336
Joined: Mar 2005
Posted: 2017-03-20 22:59
Peerless, this is a good, relatively high brow article but sadly in the political arena.

First born NPers are are political exiles and rightly get sensitive over such content. Averting lemonade requires the occasional uncomfortable post here and there - like this one.

"The reputation of a firm is like a very delicate living organism which can easily be damaged and which has to be taken care of incessantly, being mainly a matter of human behaviour and human standards." - Warburg


Total Posts: 928
Joined: Jun 2007
Posted: 2017-03-20 23:45
Well.....then we could hijack this thread here before it get's pushed to the trash can and talk about Cambridge Analytica?

Are their claims about their ability to predict and control populations in any way believable? Or all pseudo science ( my call)?

Ich kam hierher und sah dich und deine Leute lächeln, und sagte mir: Maggette, scheiss auf den small talk, lass lieber deine Fäuste sprechen...

Founding Member

Total Posts: 4975
Joined: Mar 2004
Posted: 2017-03-21 01:02
It's relevant and all very interesting. I thought the article did a good job. There's so many people talking about this (at least in my circles) I am surprised that he couldn't find more sources.

Nonius is Satoshi Nakamoto. 物の哀れ


Total Posts: 1059
Joined: Feb 2007
Posted: 2017-03-21 03:30
"Are their claims about their ability to predict and control populations in any way believable?"

C'mon; their bread and butter is marketing analytics. No surprise they're also good at marketing their marketing analytics. Maybe they knew I'd say that from my facebook profile, but I kinda doubt it.

"Learning, n. The kind of ignorance distinguishing the studious."


Total Posts: 357
Joined: Nov 2006
Posted: 2017-03-21 19:37
‘You have to stop,’ Renaissance executive tells boss about Trump support (Feb. 23, 2017)

"David Magerman says he was in his home office in suburban Philadelphia earlier this month when the phone rang. His boss, hedge-fund billionaire Robert Mercer, was on the line. “I hear you’re going around saying I’m a white supremacist,” Mr. Mercer said. “That’s ridiculous.” In the prior weeks, Mr. Magerman, a registered Democrat who calls himself a centrist, had complained to colleagues about Mr. Mercer’s role as a prominent booster of Donald Trump’s presidential campaign.


Mr. Magerman has one idea that would reduce the power of people like Mr. Mercer. He said he was thinking about reaching out to Democratic Sen. Elizabeth Warren (D., Mass.) to craft proposals to reduce speculative trading, which presumably would curtail Renaissance’s profits.


On Thursday morning, after an online version of this story appeared, Mr. Magerman received a new phone call from Renaissance. A representative told Mr. Magerman that he was being suspended without pay and no longer could have contact with the company."
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