This is part three of a multi-part series on Seth Klarman, value investor and manager of Boston-based Baupost Group. Part one can be found here and part two can... read more

Early indications point to a pretty good start for I-banking in 2014, with several management teams upbeat regarding pipelines and backlogs, notes Jefferies in its recent report. Ken Usdin and... read more

It is no secret that 2015 has been a tough year for hedge funds, but the latest research just shows how hard it is for funds as the year... read more

In finance, there are often well-known rules of thumb for investing that can easily become embedded in consensus thinking. For market timing, the well-worn “Buffett ratio” compares the value... read more

Traditional value European sectors such as Autos, Insurance and Banks are priced near the cheapest levels in two decades according to an equity research note from Barclays’ European Equity... read more

JPMorgan Chase reported an earnings miss Wednesday due in large part to large fines and associated legal costs as the bank’s Chairman and CEO Jamie Dimon said “banks are under... read more

And gold falls yet again, now to a 2.5 year low, bringing down the many miners which have already suffered at the hands of the Fed and China this... read more

Either China has a lot to learn about “free markets” or those who believe in the concept of supply and demand need to catch a clue as to where... read more

Like many emerging economies, Vietnam’s economy has undergone major shifts for a quarter of a century. On the one hand, this period is very short compared to the history... read more

The US dollar rally will fade out during the second half of 2017 has Donald Trump fails to live up to expectations, that’s according to HSBC’s global currencies research... read more