Three top executives at fund manager SAC Capital have been subpoenaed as part of regulator's insider trading case against the company, according to a piece on the Wall Street Journal. The head of the firm, Stephen A. Cohen, has also been subpoenaed in the case, which involves insider trading in Wyeth and Elan Corporation shares.
Farmland indexed by the National Council of Real Estate Investment Fiduciaries (NCREIF) dropped to 1.97 percent this quarter, down from 5.44 percent last quarter, even though farmland performance overall is... Read More
2 Reasons Why The Odds Are Stacked Against The Fed by Greg Silberman We continue to hew to our favorite scenario of a market downturn in the intermediate future … In... Read More
“Spin-offs are an interesting place to look because there’s a natural constituency of sellers and there’s not a natural constituency of buyers” – Seth Klarman Spin-offs always attract value... Read More
Auction house Sothebys (NYSE:BID) has gained on main competitor Christie’s over the last year and looks set to turn its real estate holdings and financial services into additional sources of... Read More
With a new study showing smaller hedge funds tending to outperform, why do most of the assets under management gravitate to the more considerable funds? Asset gathering success is... Read More
Accounting is the language of business, and if you don’t understand accounting principles, you’re better off avoiding stocks altogether according to the Oracle of Omaha Warren Buffett. Q1 hedge fund... Read More
The dust has settled and the International Swaps and Derivatives Association (ISDA) has formally declared the government of Argentina is in default of its bond obligations. ISDA the only officially... Read More
As Glenview reports performance near 18 percent year to date, the secret to their success has been investments in healthcare and technology. But the most interesting aspect of the... Read More
Monetary Policy And Ending Too-Big-To-Fail My successor as Minneapolis Fed President, Neel Kashkari, gave his first speech in his new role today. I congratulate him on a well-worded and... Read More
Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) released its 13F for the first three months of 2013 today. The full document can be found at the SEC at this link. Warren... Read More
