Michael Zimmerman's Prentice Capital returned 3% in June, taking its year-to-date performance to 18.6% net of fees and expenses, according to the firm's June investor update, a copy of... Read More

James Montier recently released a great paper titled – Why Does Everyone Hate MMT?, Groupthink in Economics. In the paper he argues that MMT is misunderstood by the ‘great... Read More

  Morgan Stanley and Goldman Sachs Group, Inc. (NYSE:GS) are seriously eyeing layoffs. Gasparino went on to report that “press officials both at Morgan Stanley (NYSE:MS) and Goldman are not denying it,”... Read More

REIT valuations have become increasingly attractive over the last several months, points out Citiin its recent research report. Michael Bilerman and the team at Citi believe some compelling NAV discounts... Read More

Karen Shaw Petrou's memorandum to the Federal Financial Analytics clients on how a visit to a bank branch leads to thoughts of breaking up big banks. TO: Federal Financial Analytics... Read More

Stay tuned for much much more from Grant’s 2018 Interest Rate Observer which took place on October 9th 2018 in NYC All content will be posted at this link... Read More

Assets around the world are at peak valuations, according to Deutsche Bank, which released its annual Long-Term Asset Return Study a few days ago. Get The Full Warren Buffett Series in PDF Get... Read More

At a glance, it may seem like the world’s biggest technology companies have a lot in common. Q4 hedge fund letters, conference, scoops etc For starters, all five of the Big... Read More

A very strong month For David Einhorn's investments ... Besides gold and Resona Holdings, GLRE's top holdings (see below) were all up over 10% in the month. More details below. See Greenlight Q3... Read More

"Remember that the most effective enemy of the market system isn't some pot-smoking hirsute communistic hippie, but a suit wearing, professional looking, banker or Federal Reserve employee." - Nassim... Read More