Art Samberg is the owner of Hawkes Financial, LLC, an investment company based in Katonah, New York. Acclaimed for the financial support he offers to Columbia Business School, a donation by Art J. Samberg was responsible for the establishment of the Arthur J. Samberg Institute for Teaching Excellence. Arthur Samberg is a well-respected expert in the area of hedge funds.
Alfred Winslow Jones, a reserved Australian sociology professional and intellectual, was responsible for founding hedge funds. Born in 1901 in Melbourne, Australia, Jones graduated from Harvard University in 1923 and travelled the world extensively following his graduation. After jaunts in Germany and Spain, Jones decided to pursue further study in the United States and found work as a Fortune magazine journalist. He experienced significant success after the article Fashions in Forecasting was published. This allowed Jones to quit Fortune, and in 1949 he created the first “hedged fund” together with four colleagues.
Jones was known for a measured and intellectual approach to investment; he purchased stocks with leverage and short-sold other stocks simultaneously. This daring and successful technique resulted in attention from the media, though many who tried to copy his investment strategy did not experience the same results. Today, the Jones method is more commonly known as the long/short equities model and remains a popular traditional structure for hedge funds worldwide.