Notes from Tony Minesuk's presentation from Karen Leung Foundation's Sohn Hong Kong Investment Leaders Conference 2020. Q2 2020 hedge fund letters, conferences and more The Karen Leung Foundation is proud to... read more

The fantastic, scandalous, contradictory history of ethanol In recent years, politicians set impossibly high mandates for the amounts of ethanol motorists must buy in 2022, while also setting impossibly high standards for the fuel... read more

The Fed Is Manipulating Markets... by Alex, MacroOps “Central Banks are destroying capitalism…” “Yellen has distorted true price discov… yada-yada-yada” We’ve all heard the constant chorus of central bank bashing. The ridicule... read more

Billionaire Warren Buffett was a pioneer in using insurance companies to invest. By using reserves earmarked for the insurance business (more commonly known as float) to fund his investments,... read more

Thanks largely to substantial inflows in money market funds, mutual funds witnessed overall inflows in February for the first time since November, reports a UBS strategist. Ramin Nakisa points out in... read more

The Lloyds Banking Group PLC (ADR) (NYSE:LYG) (LON:LLOY) announced today that it would prune 645 jobs and close its telephone banking centre in Cheshire. The bank, however, said 65 new roles... read more

An “income defense industry” consisting of high-priced lawyers and anti-tax activists exploits and defends a dizzying array of tax maneuvers for the very richest Americans, which are not available... read more

Why Personal Finance Matters To Investors by Chris Gilbert Personal finance and investing are not mutually exclusive. If you want to invest, then make sure you have your personal finances... read more

The value of new loans issued in China jumped approximately 38% to RMB708.9bn during November, up from the figure of  RMB513.6bn in October according to a research report from ANZ. However, while... read more

Seth Klarman's Boston-based hedge fund Baupost ended 2019 on a high note. According to a copy of the hedge fund's fourth quarter and full-year 2019 letter to investors, which has... read more