Just as the financial crisis was for banks, so too was the recent commodity drop for miners and miner profits.
It has been a tough year for miner profits. While the price of gold has not fallen as fast as it did in 2012, miners have had significant difficulty. Losses from mining operations were so severe in 2015, the eclipsed all profits generated over the past eight years -- but a turnaround could be in store for the miners.
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
It’s Their Money by David Merkel, CFA of AlpehBlog
Recently, I had a client leave me. I’m not sure why he did — I didn’t ask, because that’s his business. It... Read More
Russian President Vladimir Putin looks at his 21 percent drop in the past three months and blames those nasty “speculators.” But should the Russian Oligarch really get a copy... Read More
Liquidity and Shareholder Activism
Oyvind Norli
BI Norwegian Business School - Department of Financial Economics
Charlotte Ostergaard
BI Norwegian Business School
Ibolya Schindele
BI Norwegian Business School; Central Bank of Hungary
Forthcoming The... Read More
Kenneth Shubin is the Founder and Portfolio Manager of Spencer Capital Management, and the Chairman of Spencer Capital Holdings.
The firm has a successful long-term track record investing in undervalued... Read More
To no one's surprise, the Federal Reserve left the Federal Funds target rate unchanged at 25 basis points, exactly where it has been since December 16, 2008.
The amazing length... Read More
Sale: Apple Shares at Half Price by Carl Icahn, Shareholder's Square Table
ALL RECIPIENTS ARE ADVISED TO READ
“IMPORTANT DISCLOSURE INFORMATION”
AT THE END OF THE LETTER
CARL C. ICAHN
Icahn Enterprises
767 5th Avenue,... Read More
The parable of Mr. Market forms the basis of any value investors’ understanding of the stock market environment at different times and securities prices. Originally devised by the godfather... Read More
In many ways this is perhaps my most personal essay, not because I’m about to share some deep and dark personal revelation (I can almost hear the collective sigh... Read More
Whitney Tilson in his email discusses Citron's short report on Monster Beverage Corporation (MNST); He also attaches JHL Capital's presentation on Conglomerate Boom 2.0 - Valeant (VRX).
Whitney Tilson
Whitney Tilson... Read More
After rumors started this past weekend of a potential sale, shares of Knight Capital Group Inc. (NYSE:KCG) are actively trading on Monday.
As of 3:00 p.m. ET, the stock is... Read More