Since the beginning of the year, the stock of ExxonMobil  has lost significant ground, down near 10% on the year. This is in contrast to British Petroleum, which is... read more

Bill Nygren, Oakmark Funds, says now is the time to buy energy stocks, and reveals what two new stocks he is adding to his portfolio. H/T Dataroma Bill Nygren Recommends Buying... read more

Finding the best mutual funds is an increasingly difficult task in a world with so many to choose from. How can you pick with so many choices available? [REITs] See 2017... read more

Sandon Capital Activist Fund commentary for the month ended December 31, 2016. 2016 Hedge Fund Letters The Sandon Capital Activist Fund delivered a 0.1% return for December, bringing total returns (net... read more

Namaste could be halted by the TSXV Let us start by explaining to readers that in our 17 years of publishing, Citron has exposed more corporate fraud than any non-government... read more

Yale University’s endowment returned 6.8% in the fiscal year ended in June, an improvement over the previous 12-month period. Q2 2020 hedge fund letters, conferences and more The fund rose by... read more

Hedge funds ended their five-month winning streak, down 0.19%1 for June based on preliminary numbers for the month. The average return of the Eurekahege Hedge Fund Index was drawn... read more

Dear Fellow Shareholder: 2013 was a terrific year for our stock funds. Gains for the year ranged from +28% for Hickory to +39% for Research. We are in the... read more

In this session, Aswath Damodaran suggest some rules that, if followed, will keep the terminal value in check in a DCF. Aswath Damodaran: Terminal Value read more

The magic touch that Julian Robertson once had seems to be fading, as the 83-year-old billionaire founder of Tiger Management, spawn of the well-known “Tiger Cub” hedge funds, is... read more