Presenting The World’s Biggest Hedge Fund You Have Never Heard Of

At Braeburn’s inception, the cash pile was modest, yet absolutely massive in unlevered terms, at just over $10 billion. Fast forward 6 years, and the massive cash pile has now grown to be epically gargantuan. Of course, the parent company in question is none other than Apple, whose publicly reported cash horde at June 30, 2012 was a whopping $117,221,000,000. This is the AUM of Braeburn.

→ Zero Hedge

Fashion Blogging Has a Transparency Problem

Bloggers often act alone, or in small teams, meaning that content decisions and business decisions are often made by the same people and true ‘church and state’ separation can be impractical to implement. Nonetheless, bloggers should strive to be more transparent and clearly distinguish between editorial and advertising.

→ Business of Fashion