PNC Financial Services Group Inc. (NYSE: PNC) reported its first quarter earnings before the bell and said its profit dropped 3.8 percent from increased non-interest expenses while shielding declines... read more

Infrastructure in the United States is in dire need funding and repair. That’s well known, but the scale of the project facing whoever decides to take it on is... read more

Here is the link to the China Television interview with Warren Buffett around the time of the AGM this year. Much of it is in Chinese, but there are... read more

As hedge fund returns have been lackluster over the past several years, something interesting has been occurring on the Forbes 400 list of the wealthiest US residents. Investment fund... read more

The analytics firm IHS released a study yesterday regarding the prospects of tight oil reserves outside of North America. They discovered that the global potential for tight oil could... read more

Estimates Are Hazardous to Your Wealth. Everyone knows that accounting is boring (not when I teach it, though), but, at least, people think it’s factual. No fake news. After all, accounting... read more

Locust Wood Capital's managing member Stephen J. Errico strikes a cautious note in his fourth quarter and full year letter to investors warning that, while the market can move higher... read more

Saudi Arabia unveiled its long awaited 2016 budget on Monday, which detailed the Kingdom's spending plans for the next year. The government plans to cut spending and reform its... 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

Often regulation is viewed reflexively within the hedge fund community as a negative, the complexity and obfuscation contained 2,300 pages of Dodd-Frank being the target of a significant amount... read more