Howard Marks , Oaktree Capital, explains why high-yield bonds are less vulnerable to rising interest rates than other classes of fixed income, with Oscar Schafer, Rivulet Capital chairman. Howard Marks,... Read More
The Effect of Past Performance Framing on Investors' Belief Updating by SSRN
Arvid O. I. Hoffmann
Maastricht University - School of Business and Economics - Department of... Read More
FPA New Income Fund q2 shareholder letter below.
As a result of the slowing single family mortgage prepayment expectations resulting from rising mortgage rates during the quarter and the purchases... Read More
On Tuesday morning, one of the news stories to kick things off included Facebook's $1 billion acquisition of Instagram. The announcement came through Facebook CEO Mark Zuckerberg's Facebook page... Read More
Mario Gabelli, chairman & CEO at Gamco Investors discusses biding for wireless spectrum, the evolving role of activist investors and Mohamed El-Erian’s exit from Pimco on Bloomberg Television’s “In... Read More