Informed Trading Around Stock Split Announcements: Evidence From The Option Market Philip Gharghori Monash University; Financial Research Network (FIRN) Edwin D. Maberly Monash University Annette Nguyen Deakin University October 12, 2015 Journal of Financial... read more

Third Avenue Small Cap Value Fund's letter to shareholders for the year ended December 31, 2014. Dear Fellow Shareholders, Our investment philosophy is to construct a concentrated portfolio, composed of companies... read more

We are long shares of Intelsat and SES, two large satellite operators with significant and underappreciated 5G spectrum assets. For us, this is an unusual position to be in.... read more

Activist investor, Carl Icahn, exercised his Netflix, Inc. (NASDAQ:NFLX) options to maintain his near 10% stake in the music and video stores company. Icahn exercised his American style call... read more

Aquamarine Library Tour With Guy Spier read more

Commodities are an interesting asset class to watch. In certain years, all commodities will move in price together in an obvious and correlated fashion. This is a representation of the... read more

This is part one of a four-part interview with Amit Wadhwaney, one of the founders and portfolio managers of Moerus Capital Management, LLC. The interview is part of ValueWalk’s Value... read more

Wall Street Fees And Investment Returns For 33 State Pension Funds by Jeff Hooke And John J. Walters, The Maryland Public Policy Institute Summary This study outlines fees and investment returns... read more

U.S. Treasury Markets: The High-Frequency Evidence Pierluigi Balduzzi Boston College - Carroll School of Management Fabio Moneta Queen's University - Smith School of Business July 1, 2014 Handbook of Fixed-Income Securities, First Edition.... read more

SPX Nimitz letter for the month ended April 30, 2016. Dear investors, Prices of risk assets continued to recover and sentiment again improved in April. Equities made gains on emerging-market and... read more