We earlier reported updates from Baupost Group's second quarter letter, in which Baupost Group's head of public investments, Jim Mooney, did not sound overly optimistic about Europe and the ongoing recovery in the region. However, the hedge fund has found several opportunities in the European credit space. Back in 2011, Baupost opened its London office, to tap the European distressed debt market as banks in the region deleveraged.
Kyle Bass on a Capital Link panel discussing investing in Greece the conference took place on December 11th 2017 and the speech was uploaded on December 15th 2017 -... Read More
Today, we’re sharing an essay from our friend Dr. Richard Smith. Richard is a Ph.D. in math and has developed a set of tools and strategies that help your... Read More
It’s hard to imagine that Apple Inc. (NASDAQ:AAPL) won’t feel renewed pressure in both the US and Europe over new revelations that the iPhone manufacturer paid virtually no corporation... Read More
Steven Romick's Q2 FPA Crescent Fund Shareholder Letter Dear Shareholders: Nothing seems to slow this stock market in overdrive. The S&P 500 returned 5.23% in the second quarter and 7.14% year-to-date.... Read More
Canadian billionaire businessman Ned Goodman predicts the end of the U.S. Dollar as the world's reserve currency. He predicts the transition out of the U.S. Dollar will become, "...quite... Read More
An interview by Howard Marks with the Co-Founder and CEO of private equity firm Blackstone, Stephen Schwarzman. In this interview, Stephen discusses how he approaches investments and how this... Read More
Elan Corporation, plc (NYSE:ELN) shareholders approved a share buyback program which would force Royal Pharma to end its unsolicited $6.7 billion takeover bid. Elan Corporation's Shareholders In Favor Of The... Read More
In his latest interview on the Meb Faber Podcast, Jeremy Grantham discusses what happens when investors are short-term in their thinking and bit innumerate. Here’s an excerpt from the... Read More
Warren Buffett & Bill Gates Discuss Innovation, Business and Success Get The Full Warren Buffett Series in PDF Get the entire 10-part series on Warren Buffett in PDF. Save it to... Read More
Falling into a value trap is one of the biggest risks value investors face. Unfortunately, there is no set framework for analyzing and discovering traps or even a fixed... Read More
