Integrated Oil's business model is highly diversified across the hydrocarbon value chain and across geographies, and such a business model is an important risk mitigator in a Brexit scenario,... Read More

[Please thank Jason Yum for these notes. We were both in attendance, and he took great notes. No recording devices were allowed so this is not verbatim, but the... Read More

While many hedge funds continued to struggle in the third quarter, we are starting to see a pick-up in returns. Margate Capital was among those which were in the... Read More

The Arbiter Global Financials Fund returned an estimated 26%, compared to its benchmark, the MSCI ACWI Financials Index, which returned 25.1%. In their year-end letter, which was obtained by... Read More

A new Credit Suisse Group AG (ADR) (NYSE:CS) report on wealth around the world has found that wealth in North America grew by 11.9 percent from mid-2012 to mid-2013. The... Read More

The BlackGold Opportunity Fund was down 1.6% in October, continuing the months-long downtrend as the energy sector continued to take a beating. The fund did outperform its benchmark, the... Read More

China A-Shares - According to HSBC, the events of the past few weeks mean that it’s highly likely Chinese A-shares will be made part of the MSCI index family... Read More

Following the recent 20% stock market correction, valuations in China look a good deal more reasonable, although current multiples for Staples, Healthcare and IT still look stretched, notes Macquarie. Joshua... Read More

It’s been a rough earnings season for Warren Buffett thus far. Buffett lost almost $1 billion on Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)’s third largest investment, International Business Machines Corp. (NYSE:IBM),... Read More

  The US economy is an intricate, delicate system that overwhelmingly relies on the spending by American consumers.  In fact, in 2013, retail sales made up 35% of the US... Read More