Bradley Thomas Gerstner (born May 4, 1971) is an American investor and hedge fund manager. Brad Gerstner served on the board of directors of the online travel company Orbitz Worldwide from 2010 to 2015. [3][4][7][8][9] After graduating, Gerstner was a founding principal of General Catalyst, worked at several travel website startups and then worked as a Portfolio Manager for PAR Capital from 2005 to 2008. During his junior year, Gerstner studied at St. Catherines College, Oxford; this time abroad helped him expand his perspective greatly. The Altimeter was the lead investor for the software companys $79 million Series C funding round in June 2015, according to CrunchBase. Neither had a college education. In a free sample issue of our monthly newsletter we analyzed Warren Buffetts stock picks covering the 1999-2017 period and identified the best performing stocks in Warren Buffetts portfolio. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. At Harvard, they had known each other while pursuing Masters degrees. Gerstner also worked as an investment portfolio manager at PAR Capital in Boston from 2005 to 2008. Brad then went on to study at Indiana University School of Law Bloomington between 1993 and 1996. Is Brad Gerstner Married? He then co-founded and served as CEO of Openlist.com, which was bought out by Marchex in 2006. Brad and Michelle have two children as of March 2021. However, his company created a profile that has 849 followers as of this writing. Altimeter's cultural North Star is Essentialism - the art of doing less better. The firm is currently located in Boston, Massachusetts, and Menlo Park in California. What was Altimeter Capital Management, LLCs average return in the last 12 months? The elder Gerstner worked as a night superintendent at the local Schaefer brewery, while his wife worked in the registrars office at a community college. The technology investment company was founded in 2008 and ended up being the most successful among Brads companies. And straight out of Harvard, Gerstner served as the co-CEO of the National Leisure Group from 2000 to 2003. What is Altimeter Capital Management, LLCs Sharpe Ratio? They had been together since they met as MBA students at Harvard. [5] Before starting Altimeter Capital, Gerstner worked as a portfolio manager at an investment capital firm PAR Capital. Altimeter Capital Management, LLCs average return since the funds last 13F filing is -10.52%. Brad was raised in Goshen in the heart of Elkhart County, Indiana, with his siblingsDouglas, William, and Lynne Vandy. The following year, Gerstner co-founded and was chief executive officer of Openlist.com, which he sold to Marchex. He then served as the deputy secretary of the state of Indiana from 1998 to 1999. Backtested performance is not an indicator of future actual results. He was a recipient of the Lilly Endowment Community Scholarship Program for his higher education. They eventually started dating and finally exchanged wedding vows on 29 September 2007 at Martha's Vineyard in Massachusetts. His entire life was spent paying off debt. Room 77 was in direct competition with other established sites like Google, Expedia, Booking.com, and Kayak; this led to the start-up company closing in 2014. Brad Gerstner, however, has had an interest in becoming an entrepreneur and business owner since he was young. For instance, his strategy of holding a stake in Snowflake Inc. (NASDAQ:SNOW) garnered billions of dollars in returns for his investment firm. In 2003, he co-founded and served as a CEO of a local search start-up called Openlist. Between 1957 and 1966 Warren Buffetts hedge fund returned 23.5% annually after deducting Warren Buffetts 5.5 percentage point annual fees. They had been together since they met as MBA students at Harvard. As a result of this scholarship, Gerstner earned a BA in Economics and Political Science from Oxford. As for his mother, she remarried her second husband Robert Burt who passed away in 2016. Is Award-Winning Journalist and Host Kerstin Lindquist Leaving QVC? Brad Gerstner is an analyst, entrepreneur, owner, and investor who spent his childhood admiring US tycoons and philanthropists like Warren Buffet. In the early 2010s, she served as Chief Operating Officer and Chair of Board at Orchard Gardens K-8 School. While in college, he was a Lilly Scholar and earned a BA degree in economics and political science in 1993. Anyone can read what you share. They tied the knot on September 29, 2007. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Alison Conklin @in/alison-pandolfo-conklin . In the same report you can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12-24 months. We are a growing online outlet based overseas. Also learn detailed information about Current Net wor, Pushpa Jain is an Indian businessman, trader, and investor who was born between 1957 and 1964. Also learn detailed information about Current Net worth as, Brad Gerstner Age, Birthday, and Zodiac Sign, Brad Gerstner Siblings, Father, and Mother, His height, weight, and distinguishing features. Once he identifies and invests in those opportunities, he avoids selling them on short-term market movements. Once he identifies and invests in those opportunities, he avoids selling them on short-term market movements. We commit to cover sensible issues responsibly through the principles of neutrality. 10 Consumer Technology Stocks to Invest In According to Ken Fisher10Finance Stocks to Buy Today According to George Soros' Soros Fund Management10 Monthly Dividend Stocks to Buy in AprilAirbnb Inc (NASDAQ:ABNB)Booking Holdings Inc. (NASDAQ:BKNG)Daily NewsletterExpedia Group Inc. (NASDAQ:EXPE)HeadlineiHeartMedia Inc. (NASDAQ:IHRT)NASDAQ:ABNBNASDAQ:BKNGNASDAQ:EXPENASDAQ:IHRTNASDAQ:SNOWNYSE:UBERSnowflake Inc (NASDAQ:SNOW)Uber Technologies Inc (NYSE:UBER)Who is Brad Gerstner?Yahoo FinanceShow moreShow less. After graduating from law school, he got a call from Senator Lugar asking him to accept an appointment as Deputy Secretary of State in Indiana. (@ Facebook) Popular Posts In addition to this, he is also the Independent Director of iHeartMedia and is the director and board member of several other companies. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. He earns $873,262 dollars per year. He was a jump scholar at the Indiana University at Bloomington School of Law from 1993 to 1996. His decision to invest in tech companies profited Altimeter. WHEN: Today, Monday, March 14, 2022 WHERE: CNBC's "Closing Bell: Overtime" Following is the unofficial transcript of a CNBC exclusive interview with Altimeter Capital Founder & CEO Brad. Save my name, email, and website in this browser for the next time I comment. After that Brad Gerstner had done graduation in Bahlor degree in US state university. 10 Technology Stocks to Buy Now According to Dan Loeb, 10 Technology Stocks to Buy Now According to Stanley Druckenmiller. He based this corporate in 2008, nearly 14 years in the past. From time to time I receive offers from potential buyers who want to purchase the entire business for 2-3 times its annual profits. The Indiana-native tech guy could only be discovered on Twitter and Facebook. Michelle is known for working as an assistant superintended for the human resource at Boston Public Schools. Here he qualified as a Jump scholar due to his high academic ability. Success stories of his venture capitals suggest that he has pretty much achieved his goal. Brad Gerstner married Michelle Boyers on September 29, 2007 on the famous Martha's Vineyard. Between 2005 and 2008, Gerstner worked at PAR Capital in Boston as an Investment Portfolio Manager. He left GC and became co-CEO of NLG, an early online travel start-up purchased in part by IAC.He co-founded Openlist.com, a local search start up that was self-funded and sold to Marchex (Nasdaq: MCHX);He was a partner at PAR Capital, a multi-billion hedge. [8][13] It was launched with less than $3 million from Gerstner's friends and family during the financial crisis of 2008. Another software and tech stock in Brad Gerstners portfolio, Confluent provides full-scale data streaming platform. Who is Brad Gerstners wife? Brad Gerstner was a top student throughout his education. The couple lives in Woodside, California. Neither had a college education. Brad Gerstner grew up with his siblings Lynne Vandy, William Gerstner, and Douglas Gerstner. I started Insider Monkey 12 years ago. 1 Jan Gaye, the 66-year-old wife of Motown legend Marvin Gaye, passed away. On 1 May 2019, hewasappointed to the board of directors of iHearMedia, a mass media corporation headquartered in San Antonio, Texas. He credits this time of his life with developing lifelong friends and lifelong learnings.. Brad Gerstner estimated Net Worth, Salary, Income, Cars, Lifestyles & many more details have been updated below. Every year on May 4th, he celebrates his birthday. The family lives in Woodside, California and collectively enjoy runs, biking, skiing, and surfing. Since business results did not meet expectations, his father lost his house, car, and everything he owned. Brad Gerstner married his first wife, Michelle Boyers, on September 29, 2007. (adsbygoogle=window.adsbygoogle||[]).push({}); Scroll below and check our most recent updates about Merrill C. Meigs's Estimated Net Worth, Age, Biography, Career, Height, Weight, Family, Wiki. From 1991 to 1992, hestudiedPolitics, Philosophy, and Economics at the University of Oxford in Oxford, England. More From Us: Zelie Timothy Wiki: Tyrese, Net Worth, Ethnicity, Age. Brad Gerstner Altimeter Capital Management, LLC Hedge Fund Manager Ranked #100 out of 475 Hedge Fund Managers Portfolio Gain +232.43% Since Jun 2013 Sharpe Ratio 2.12 Average Hedge Fund Sharpe: 1.48991 How are Hedge Funds Ranked? His $20 billion investment firm Altimeter, which he founded in 2008 with a seed capital of $3 million from friends and family, is famous for its concentrated investments, long-term strategy, and market-beating returns across its private growth equity funds. What was Altimeter Capital Management, LLCs average return in the last 3 years? But his company created a profile that helped garner 849 followers as of this writing. Before moving on to Brads investment philosophy and top 10 stock picks, lets briefly review his biography. In 1992, he attended the University of Oxford and studied politics, philosophy, and economics. The platform aimed to focus solely on hotel searches and do it better than any other platform. Brad Gerstner was raised alongside his siblings Lynne Vandy, William Gerstner, and Douglas Gerstner. The Indiana-born techie could only be found on Twitter and Facebook. His investors didnt mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957. The Altimeter was the lead investor for the software companys $79 million Series C funding round in June 2015, according to CrunchBase. Brad Gerstner married Michelle Boyers on September 29, 2007 on the famous Marthas Vineyard. More From Us: Ethan Precourt Bio: Chloe Easts Boyfriend, Age, Job, Family. He is Founder, Chairman and CEO of Altimeter Capital. [19], Gerstner married Michelle Boyers on September 30, 2007 at Martha's Vineyard. The Treasury Department plans to temporarily suspend investments in federal employee retirement accounts, Secretary Janet Yellen said last week, as it scrambles to prevent the government from running out of money. Get our editors daily picks straight in your inbox! This demonstrates Gerstners ability to build thriving businesses. Brad, a successful businessman, has a net worth of $1 billion as of 2021. Hedge Fund Net Worth $4.68B Brad Gerstner manages more assets than 68% of other Hedge Fund Managers Average Return Gerstner met his future wife Michelle Marie Boyers at Harvard Business School, where both of them received an MBA degree. He owned and operated Wawasee Boat Care for more than three years. Brad Gerstner is a tall man, standing 6 feet tall (1.82 meters). All four boys excelled at Chaminade . The bride and bridegroom met at Harvard, from which each received an M.B.A. Ms. Boyers, 35, is keeping her name. He met his wife Michelle Marie Boyers Gerstner while studying for an MBA at Harvard University. Cathie Woods hedge fund has a $1.1 billion stake in Unity Software Inc (NYSE:U) as of the end of 2021. The Board Challenge was also founded by Gerstner in partnership with Guy Primus, CEO of Valence Community, and Sukhinder Singh Cassidy, Founder, and Chair of the TheBoardlist. To report about any issues in our articles, please feel free toContact Us. Their sons Lincoln and Jack were born 2 years apart. Gerstnermethis future wife Michelle Marie Boyers at Harvard Business School, where both of them received an MBA degree. Best trades on CNBC Tuesday: Altimeter's Brad Gerstner on Snowflake and Meta, pros' semiconductor picks. Age, Wife and Facts about the Atlanta Businessman, Bob Brockman Wiki: Facts about the Texas Billionaire Indicted for Tax Evasion, Bernt Bodal Wiki: Facts about the Norwegian-American Businessman, Fahim Saleh Wiki: Facts about the Tech Entrepreneur Found Dead in New York, Lynne Vandy, William Gerstner, Douglas Gerstner, Wawasee Boat Care, Openlist, Altimeter Capital, Wabash College, University of Oxford, Indiana University School of Law, Harvard University, Deputy Secretary of State of Indiana (1998-1999), National Leisure Group as Co-CEO (2000-03). [17][18] He recommended reducing the headcount expense by 20% and limiting Metaverse investments to $5 billion per year. Hes also on Facebook, where he posts about his family. Thomas Gerstner and Martha Burt are Brad Gerstners parents. When Brad Gerstner began taking a risk on tech startups with his company, Altimeter Capital, stock-watchers were critical. You can enter your email below to get our FREE report. is originally published on Insider Monkey. The technology investment firm was founded in 2008 and was the most successful of Brads businesses. In the same report you can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12-24 months. The founder, who day-traded to pay for law school, has participated in 100 IPOs as an anchor, sponsor and investor. However, Brad has lost his father. His siblings are all married and have children. Lou Gerstner was born in Mineola, New York on March 1, 1942. His salary, meanwhile, remained private. Michelle, herself has forged her own successful career. His business ventures follow the same mantra: that successful companies are built from small teams with strong cultures of excellence, integrity, impact, and fun. Gerstners drive to succeed started with his successful years of study. More From Us: Joshua Cockream Wiki: Conrad Ricamora Partner, Age, [] More From Us: Brad Gerstner Wiki: Net Worth, Wife, Age, Father, Height [], [] Miss: Brad Gerstner Wiki: Net Worth, Wife, Age, Father, Height Posted in [], [] Read Another: Brad Gerstner Wiki: Net Worth, Wife, Age, Father, Height []. Brad started his career by founding a business named Wawasee Boat Care in 1986. For example S&P 500 Index returned 43.4% in 1958. For instance, his strategy of holding a stake in Snowflake Inc. (NASDAQ: ) garnered billions of dollars in returns for his investment firm. What is Altimeter Capital Management, LLCs portfolio gain since Jun 2013? [3][4][7][8] He did day trading to help pay for his law school fees. He does not appear to be on Instagram, however. As of this writing, Brad and the family resided in Woodside, California. The first paragraph of every obituary on Louis V. Gerstner Jr. will reduce his life to "the man who saved IBM." Gerstner, one of the most accomplished chief executives of his Sea Ltd (NYSE:SE) has been a huge loser lately, declining 70% in the past six months. He was also a board member of the last-minute hotel booking application, HotelTonight, which was acquired by Airbnb, Inc. (NASDAQ:ABNB) in 2019 for $400 million. He established Wawasee Boat Care in 1986 before starting college. In the Bay Area, California, they also provide legal services for undocumented immigrants. Lou Gerstner was born in Mineola, New York on March 1, 1942. Here are the key players and what's driving them. Their goal is to improve diversity within the corporate Boardrooms drastically. 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