The Department of Justice (DoJ) has been harshly criticized for its lack of individual prosecutions in fraud related matters behind the mortgage derivatives products that were at the center of... read more

Alstom shares surged Thursday despite the French turbine and train maker denying a report that General Electric Company (NYSE:GE) is in talks to buy the company for about $13... read more

Attending The Berkshire Hathaway Shareholders' Meeting Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your... read more

FPA Capital Fund commentary for the first quarter ended March 31, 2016. H/T Dataroma Dear fellow shareholders, After five quarters of disappointing performance, FPA Capital Fund's results in the first quarter of... read more

When Ray Dalio announced his transition out of management at the world’s largest hedge fund Wednesday, he unwittingly touched on an issue that bedevils the investment industry at large.... read more

Thomas Cook India Ltd (BOM:500413) (NSE:THOMASCOOK) is India's largest, fully integrated and highly profitable Foreign Exchange and Travel Operator having a current market cap of  ~INR 14 billion and FY12... read more

Disclsoure: the author of this article is short shares of Ominto, this article is not investment advice and for information only We have documented numerous problems we see at Ominto... read more

What kind of money will we use in the future? Q2 hedge fund letters, conference, scoops etc The answer might seem obvious: dollars, euros, yen, and other government-issued fiat currencies. Most of... read more

Way back in 2009, Morgan Stanley created a portfolio based on best business models. That was for Asia Pacific (ex Japan)/Emerging Markets. That portfolio has returned 87% since October... read more

Short European Banks Thesis by FASANARA CAPITAL Here below, we update our views on negative rates and our consequential short European Banks equity and sub debt thesis. In a nutshell, we... read more