If there’s one thing you can bet on, it’s that Chinese policymakers are completely unpredictable. Last night the People’s Bank of China cut the reserve ratio requirement for some of the nation’s largest lenders by one percentage point to 16%.
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger
Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
Market not overly expensive but not cheap either. Warren Buffett said stocks "might be a little on the high side now, but they've not gone into bubble territory."
H/T Dataroma
Warren... Read More
This is part three of a four-part interview with Amit Wadhwaney, one of the founders and portfolio managers of Moerus Capital Management, LLC. You can find part one here,... Read More
The U.S. legal system could be in a similar situation to hedge fund holdouts who have tracked the government of Argentina down across the world in an attempt to... Read More
Dear Partner:
The Greenlight Capital funds (the “Partnerships”) returned 4.0%1 in the third quarter of 2022, net of fees and expenses, and 17.7% for the first nine months of 2022,... Read More
Last week, we introduced the characteristics of a reserve currency, including a discussion of the costs and benefits of providing the reserve currency. This week, we will conclude the... Read More
Largest ever fund closure in 2016 is followed by multi-billion dollar vehicles at start of 2017
2016 Hedge Fund Letters
The private equity secondaries market has enjoyed robust fundraising in recent... Read More
Will Lyft be the next mega internet-based success story?
$250 million raised from well-known investors, with previous valuations at $700 million
The ride-sharing company said on Wednesday it had raised $250... Read More
Leaders in the Eurozone are preparing behind the scenes for a Grexit as it moves to assist other troubled nations in the region to avoid contagion. Non public meetings... Read More
Published on Aug 17, 2016
Aug. 16 -- Carl Icahn, Icahn Enterprises chairman, comments on the U.S. presidential election, the state of the economy and financial markets, and his assessment... Read More
Nearly all companies describe their ideal shareholder as having a long-term investment horizon, but in the real world, about half of companies’ shareholder base has a short-or medium-term horizon.... Read More