The following letter appeared in the April 3, 1961, issue of Barron’s. The writer, Gilbert A. Wilkins, wrote to Barron's following the announcement that the New York Stock Exchange... read more

Poor Phil Falcone. He got married to a trade and was blinded by love until the end, the ultimate sin for a professional. Falcone's hedge fund, Harbinger Capital Partners, was... read more

Fashion and luxury goods peddler Burberry Group plc (LON:BRBY) saw retail revenues in its first quarter rise far faster than the market had been expecting. Retail revenue advanced 21 percent to... read more

What Matters in Corporate Governance? by SSRN Lucian A. Bebchuk Harvard Law School; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR) and European Corporate Governance Institute... read more

David Nadel discusses three international small-cap holdings and how our Quality at a Reasonable Price strategy has performed recently. Q1 hedge fund letters, conference, scoops etc geralt / Pixabay How has the... read more

Icahn Enterprises LP (NASDAQ:IEP) investor presentation. IEP Investor Presentation read more

RISK: My grandfather invested his fortune in Russian bonds. This was before the Russian Revolution. At the time, he was told he couldn’t lose money. Because the bonds were... read more

U.S. Federal Reserve Chair Janet Yellen, in the middle of a delicate operation to extract quantitative stimulus from the generally free markets, nonetheless took time out of her busy... read more

Goldman Sachs Beige Book on Q1, see Goldman Sachs beige book on Q412 earnings here. Below is a brief summary from goldman followed by the full document in scribd. Goldman... read more

Howard Marks would disagree.... but in a new investment note titled "Gold Sneaky Strong," Sterne Agee makes the bullish case for the metal that is often used as a... read more