In the face of a 25% fall in the Baker Hughes/GE Rig Count, US Crude Production rises to 12.9mil BBL/Day. This speaks to the enormous strides the US energy industry has taken to reduce costs through prudent application of technology and adjustments to operating procedures. The broad trends of increasing exports of Refined Products(13% growth) and crude oil continue, while crude imports are gradually replaced by domestic production.
Todd Sullivan is a Massachusetts-based value investor and a General Partner in Rand Strategic Partners. He looks for investments he believes are selling for a discount to their intrinsic value given their current situation and future prospects. He holds them until that value is realized or the fundamentals change in a way that no longer support his thesis.
His blog features his various ideas and commentary and he updates readers on their progress in a timely fashion. His commentary has been seen in the online versions of the Wall St. Journal, New York Times, CNN Money, Business Week, Crain’s NY, Kiplingers and other publications. He has also appeared on Fox Business News & Fox News and is a RealMoney.com contributor. His commentary on Starbucks during 2008 was recently quoted by its Founder Howard Schultz in his recent book “Onward”. In 2011 he was asked to present an investment idea at Bill Ackman’s “Harbor Investment Conference”.
FedEx Corporation (NYSE:FDX) will add 20,000 seasonal workers, just like last year, ahead of the fast approaching holiday season. These seasonal workers will handle the company’s holiday shipping, which is... Read More
Exclusive Interview With Mark Massey Of AltaRock Partners by Beyond Proxy
Last year we had the pleasure of interviewing Mark Massey who heads AltaRock Partners. Under Mark’s leadership, the AltaRock... Read More
A Guide To Delegated Investment Management by Willis Tower Watson
What is delegated investment management?
Delegated investment management combines strategic advice and implementation. Typically, a mandate involves the ongoing management of... Read More
Global Pension And Retirement Systems: The $500 Trillion Prize by Ernst & Young
Executive summary
Governments respond to demographic transformation by attempting to reform pension and retirement systems. The reform process... Read More
This is a gem although interviewer is not that great - Nassim Taleb from 2001 without the arrogance and the beard.
Check it out below H/T ValueInvestingWorld
Nassim Nicholas Talem PhD... Read More
Zach Schreiber of PointState Capital made one of the most memorable calls ever at the May 2014 Sohn Conference. Schreiber said oil prices were heading "lower, much lower," while adding:... Read More
Wally Weitz Investment Management Q4 Letter
Dear Fellow Shareholder:
We are pleased to report another year of positive returns in all of our funds. Our conservative portfolio positioning held us back... Read More
Financial Shenanigans: Detecting Accounting Gimmicks That Destroy Investments by CFA Institute
Howard M. Schilit
Founder and CEO
Financial Shenanigans Detection Group, LLC
Key Biscayne, Florida
Good companies as well as bad can turn to... Read More
Fed Officials Worry Economy Is Too Good. Workers Still Feel Left Behind” – New York Times 4/27/2018
This coming Friday the Bureau of Labor Statistics (BLS) will release the monthly... Read More
Large Current Account Surpluses and some a big savings glut is huge news for some investors
A global savings glut and lack of central bank intervention in fixed income markets... Read More
