Full text from Benjamin Graham's lecture delivered at Town Hall St. Francis Hotel titled, "Securities In An Insecure World," from November 15, 1963. Benjamin Graham: Securities In An Insecure World read more

Gold looks vulnerable to a short correction, a report from Capital Economics says, but the longer-term, year-end forecast is in place and the store of value could ultimately rise... read more

Why Indexing Works J.B. Heaton Bartlit Beck Herman Palenchar & Scott LLP Nick Polson University of Chicago - Booth School of Business Jan Hendrik Witte University of Oxford - Mathematical Institute October 12,... read more

The California Public Employee’s Retirement System (CalPERS) is heading towards a big miss for its fiscal year, which ends today, having only earned 3% in the first ten months... read more

Leucadia Annual Letter to shareholders below (see Leucadia Annual Letter from previous year here). From Leucadia (NYSE:LUK) Fellow Shareholders: One year ago, Leucadia and Jefferies combined to form a unique and powerful merchant... read more

Global Allocation Fund commentary for the month ended November 30, 2016. Last month we were right about the plausible reaction of markets after a Trump´s victory. Even though the previous days... read more

Via Steven Drobny Drobny Capital, author of Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets H/T Mebane Faber Kyle Bass lived in relative obscurity until 2007, when he burst... read more

Hedge Funds Outperform Underlying Markets By 4.85% In August by Eurekahedge Key highlights for August 2015: Hedge funds preserved gains to outperform underlying markets by 4.85% in August. On a year-to-date... read more

September 8 & 9, 2014 • Florence Gould Hall • New York, NY 10th Annual New York Value Investing Congress slides now available for our readers. All slides can be found below,... read more

Kerrisdale Partners delivered net performance of +3.28% to our investors in May 2014. This brings the hedge fund's net Ytd performance to 2.69%. Core Longs and an Opportunistic short... read more