Tiger cub David Grestenhaber's Argonaut Capital is out with their 13f filing for the first quarter of this year. Argonaut Capital's basic strategy is global macro, therefore the equities portfolio makes a small portion of the overall fund assets. The long equity holdings rose from $114 million in 4Q2012 to $275 million in 1Q2013. Argonaut's Global Macro Fund was up 4.3 percent in Q1, read the full report on returns here.
Why You Use Enterprise Value (EV)? COMPANY A $10 EBIT 40% tax rate $6 in Net Income P/E 10 $60 million Market Cap. or EV = $60 COMPANY B $10 EBIT -$5 Interest Expense =$5 million in pre-tax operating $3... Read More
A Florida man, fed up with people talking on the cell phone while driving, took matters into his own hands by jamming all cell phone communications around him as... Read More
Jeffrey Ubben’s ValueAct Capital Master Fund, L.P., declined 1.3% in the fourth quarter (on a time-weighted basis) and 2.2% for the year ending December 31, 2015, after all fees... Read More
2015 North American Private Equity Compensation Survey by Heidrick & Struggles Introduction We are pleased to present our 2015 Private Equity compensation survey. In compiling this data, Heidrick & Struggles conducted... Read More
Warren Buffetts Speech on Investing, Staying out of Debt and Fulfilling your Potential Get The Full Warren Buffett Series in PDF Get the entire 10-part series on Warren Buffett in PDF.... Read More
David Einhorn's Greenlight Capital funds returned -2.6% in the third quarter of 2021, compared to a return of 0.6% for the S&P 500 in the same period. Longs detracted... Read More
VCs Are Safe From Falling Unicorn Valuations by Adley Bowden, PitchBook Several months ago, the headline and purpose of this story would have been to praise the most prolific unicorn investors.... Read More
BGCP: Severe Undervaluation Plus A 7% Yield Equal 57% Upside by Nathanael A. Stewart, CFA - Opus Capital Management Case Study: BGC Partners, Inc. (BGCP) Before we get started on BGCP,... Read More
The U.S. subprime mortgage crisis nearly ground the global financial system to a halt and forced the American property market into a prolonged downturn. With green shoots cropping up... Read More
It appears that Andrew Hall, the (iin)famous oil trader, is finally giving up on his prediction that the price of oil will return to $100 a barrel in the... Read More
