06Dec

Goldman: We Were Wrong On The Euro But Keep Selling

"We badly misread this meeting." -- Goldman's euro mistake

For those that missed it, yesterday the European Central Bank announced a modest cut in its deposit rate (10bps), to a historic low of minus 0.3%, and pledged to continue its €60bn-a-month bond buying programme for another six months until March 2017 “or beyond." The market was expecting a much more aggressive package of stimulus measures from the central bank and traders were betting heavily against the euro believing it was set . . .

SORRY!

This content is exclusively for paying members. Sign up here

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click chat

Author

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

Related Posts

05Mar

Boulder Brands Receives Downgrade from Prescience Point

By

Boulder Brands Inc (NASDAQ:BDBD) got thumbs down in a length report from Prescience Point just seven days ago. Boulder Brands Inc (NASDAQ:BDBD) stock was down double digit on the report. Now the value... read more

12Apr

Post-Market And Companies News: US Markets Rally

By

  Every afternoon ValueWalk provides an update on global market levels, economic news, and hedge fund news Market Levels   US:  Dow: 12986.50 (1.41%), S&P 500: 1387.56 (1.38%), NASDAQ: 3055.55 (1.30%) Europe: CAC: 3269.79 (0.98%),... read more

Cliff Asness
20Oct

Cliff Asness Great WealthTrack Interview [TRANSCRIPT]

By

Cliff Asness' interview with Consuelo Mack aired this weekend on WealthTrack. The interview covers asset allocation, Shiller PE, Ben Graham, leverage, shorting, derivatives and more. The interview was really... read more

Citigroup
15Aug

Citigroup Loses Claim To Word "Thanks," As Court Takes 30 Pages To Explain Why

By

When it was founded, Citigroup was a key player in US economic growth. Lately, however, the firm’s growth strategy appears askew, as a recent ruling in US District Court... read more

Jobs
30Sep

The U.S. Labor Market – Outperforming Analysts’ Expectations

By

For the week ended September 21, initial jobless claims in the U.S. dropped by 5K to 305K, in a directly opposite direction to Street estimates, which had thought the... read more

Robert Shiller
30Mar

Robert Shiller: The Investing Golden Age May Be Over

By

Nobel Prize winning economist, and Yale University professor, Robert Shiller says the American economy is changing and we may not be dealing with it in the right way. Robert Shiller:... read more

M&A Deals
14Mar

M&A Deals: Shareholder Litigation Involving Acquisitions of Public Companies

By

M&A Deals: Shareholder Litigation Involving Acquisitions of Public Companies via Cornerstone Research Background This report looks at litigation challenging M&A deals valued over $100 million announced from 2007 through 2014, filed... read more

price-to-sales ratio
29Oct

Donville Kent On The Uses And Abuses Of Price-to-Sales Ratios

By

Donville Kent on the uses and abuses of price-to-sales ratios I am pretty sure the first time I heard of the price-to-sales ratio was sometime in the late 1990s when... read more

18Dec

Murray Stahl On S&P 500 Weighting

By

Murray Stahl of FRMO Corp. (OTCMKTS:FRMO) overview on S&P 500 (INDEXSP:.INX). Act of 1940. So, some of the normal SEC checks and balances don’t necessarily apply. The quid pro quo... read more

Oakmark
11Jun

Oakmark Finds Value in Some Banks

By

If you’ve been reading the financial press over the last six years or so, you’ve likely noticed a steady drumbeat of negative articles on banks and, in particular, large U.S. banks.  As... read more

X
Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

What’s missing today for many investors is real, straightforward advice.

Especially when it comes to Value Investing and Hedge Funds. 💵

That’s what makes ValueWalk Premium different. Some would say we’re “unusual.”

Our subscribers look forward to clear, easy-to-understand information they can act on.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers

0