Muhlenkamp Memorandum for the first quarter 2015. Effects of Currency Manipulation by Jeff Muhlenkamp At our November 12, 2014 investment seminar, I stated that the devaluation of the Japanese yen may... Read More

Michael Mauboussin is considered an expert in the field of behavioral finance and has some famous books on the topic including, Think Twice: Harnessing the Power of Counterintuition and More More... Read More

Oakmark Funds - A Long Term Perspective We believe that, over time, the price of a stock will reflect the true underlying value of the company. True underlying value, also referred... Read More

One month on, I look at three things a long-term investor can take away from a day that severely rattled global stock markets across the world. Tim Bennett Explains: Black... Read More

Richard Koo of Nomura is out with a new report. The note from The famed economist, who authored Balance Sheet Recession: Japan’s Struggle with Uncharted Economics and its Global Implications,... Read More

James Montier - Equity Markets Are Overvalued by Finanz und Wirtschaft, March 21, 2014 James Montier is a full-blooded value investor. Pickings are slim these days, though, says the member of... Read More

Warren Buffett is telegraphing his disdain for Wall Street bankers with an oddball price on his latest multibillion-dollar takeover. The $848.02 for every share that Alleghany Corp. stockholders get from... Read More

On the back of a 30% drop in first-quarter volume, the outlook for commercial MBS issuance is even bleaker for the next couple of months, though there are signs... Read More

The blackout in India last week, when a trippage occurred in one of the major power lines left the world in bewildered as one of the largest countries in the world... Read More

Last week, I shared the benefits of saying “no.” But I wanted to share some great feedback I received after writing that column. Could the flip side of the... Read More