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Berkshire Hathaway 2014 Annual Letter – Annotated
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Seth Klarman: The Margin of Safety – Part Eight
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Gas Flaring – A Costly Waste of Gas [ANALYSIS]
Gas production in Europe has expanded as Russia has emerged as the custodian of one of the largest gas reserves in the world. However, it is revealed that a... Read More

Chesapeake Energy Shifts Costs To Landowners In Cash Crunch (UPDATED)
Chesapeake Energy Corporation (NYSE:CHK) is trying to cut on cost through all means possible including shifting some of them to the land owners, by netting them in their royalty... Read More

Trian Partners on Why Legg Mason is Superior to PIMCO
Trian Partners led by Nelson Peltz had a weak Q2, but is still having a great year. The activist hedge fund was only up 0.2 percent in Q2, but... Read More

The Managing vs Marketing of Risk: The Difference
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Warren Buffett’s Uncanny Ability To Predict The Future
During their latest episode of the VALUE: After Hours Podcast, Brewster, Taylor, and Carlisle discuss Warren Buffett’s Uncanny Ability To Predict The Future. Here’s an excerpt from the episode: Q4... Read More

Bank Of America Bullish On U.S. Dollar For 2017
Analysts at Bank of America Merrill Lynch express bullish views on the U.S. dollar for the year, though they anticipate that a correction to the USD rally will present... Read More

Loeb Says Amgen Has Multiple Personalities, Should Be Broken Up; Company 'Appreciates' Input
Daniel Loeb's hedge fund, Third Point LLC, might think its latest investment, Amgen, Inc. (NASDAQ:AMGN), has a multiple investment personality disorder. Loeb divides Amgen into two distinct companies In a letter... Read More

Raging Capital Up 14%, Calls Natural Gas The Invisible Hand
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