Jonathan Hoenig

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Jonathan Hoenig
Born (1975-09-10) September 10, 1975 (age 43)
Glencoe, Illinois, United States
OccupationStocks Investor, Founder, Capitalist Pig hedge fund, Contributor and panelist on Fox News Channel's Cashin' In
Years active1998–present
WebsiteCapitalistPig.com

Jonathan Hoenig (/ˈhnɪɡ/; born September 10, 1975) is an American, founding member of the Capitalist Pig hedge fund, and a regular contributor to and regular panelist on Fox News Channel's Cashin' In, Your World with Neil Cavuto, Red Eye w/ Greg Gutfeld and WLS (AM) 890's morning show, Don Wade & Roma (now defunct).

Background[edit]

Hoenig was raised in Glencoe, Illinois, United States. He is a former floor trader at the Chicago Board of Trade, whose first book was published when he was 22. He is a member of the Economic Club of Chicago and a vocal supporter of Ayn Rand's philosophy of Objectivism.[1] His brother Stephen died at the age of 19.[2]

Career[edit]

He is a frequent commentator in the financial press, and has written for: The Wall Street Journal Europe, Wired, Trader Monthly, Maxim, and Smartmoney.com.[3] He has also been featured in The Wall Street Journal, Institutional Investor, and The Chronicle of Higher Education, and was recently named one of The Chicago Sun-Times Thirty Under Thirty and Crain's Forty Under Forty.

In 2013 Hoenig's firm became the first hedge fund to advertise[4] in the US since the 1930s.[5][6] Existing limitations on hedge fund advertising were lifted as a result of the Jumpstart Our Business Startups Act.

In 2013 he produced Pit Trading 101, a documentary film about new traders at the Chicago Mercantile Exchange, recognized at the Sunset International Film Festival, the Chagrin Film Festival and the International Film Awards Berlin.[7][8][9]

In 2014, Hoenig was an informal advisor of Royalty Exchange a leading platform for buying and selling intellectual property.

Hoenig's second book, The Pit: Photographic Portrait of the Chicago Trading Floor was published in April, 2017, inspired by the 1903 Frank Norris novel of the same name.

Controversies[edit]

In September 2014, Hoenig stirred up controversy over racial profiling in a Fox News commentary piece, stating that "We should have been profiling on September 12, 2001. Let's take a trip down memory lane here: the last war this country won, we put Japanese-Americans in internment camps. We dropped nuclear bombs on residential city centers. Yes, profiling would be at least a good start. It's not on skin color, however. It's on ideology. Muslim, Islamists, jihadist-that's a good start but only a start. We need to stop giving Qur'ans to Gitmo prisoners. We need to stop having Ramadan celebrations in the White House. We have to stop saying the enemy is not Islamic; they are. That's how you get started."[10]

In February 2015, Hoenig said on Fox News that those advocating mandatory vaccinations for the "so-called public good" could be ushering in "forced abortions" and "forced pills."[11]

References[edit]

  1. ^ "MarketWatch: Stock Market News - Financial News". Smartmoney.com. Retrieved 2016-03-09.
  2. ^ "Hoenig Theatre Artist's Scholarship". Hoenigactorsfund.org. 2014-02-26. Retrieved 2016-03-09.
  3. ^ "Capitalistpig". Capitalistpig. Retrieved 2016-03-09.
  4. ^ https://www.onwallstreet.com/news/hedge-fund-ads-on-the-way
  5. ^ http://observer.com/2013/07/the-sec-shrugged-hedge-funds-now-allowed-to-advertise/
  6. ^ http://www.chicagobusiness.com/article/20130718/BLOGS08/130719794/ready-for-hedge-fund-ads-one-chicago-investor-was
  7. ^ https://www.timeout.com/chicago/film/pit-trading-101-documentary-a-snapshot-of-chicagos-bygone-trading-pits
  8. ^ https://www.theobjectivestandard.com/2014/02/jonathan-hoenigs-pit-trading-101-fuel-for-the-capitalist-soul/
  9. ^ http://www.robertfeder.com/2014/02/23/pig-in-the-pit-documentary-recalls-frenzy-on-the-floor/
  10. ^ "Terror threats on American soil spark debate over profiling | Cashin' In | The Cost of Freedom". Fox News. 2014-09-20. Retrieved 2016-03-09.
  11. ^ "Fox Guest: Mandatory Vaccinations Could Lead To 'Forced Abortion'". Talkingpointsmemo.com. 2015-02-07. Retrieved 2016-03-09.

External links[edit]