Long Thesis On CarMax, Inc (KMX) by Redcards Capital Structure Considerations $300m of long-term debt at 1.6% interest (expiring 11/17) and 0.2x net debt/EBITDA ratio. Investment Thesis Sentiment on the subprime auto ABS... Read More

With CBOE VIX index falling to the rare 9 level on Monday, there is significant consternation over the abnormally low level of the volatility. However, Bank of America Merrill... Read More

General Electric Co. (GE)'s finacing unit is now off the "too big to fail" hook. While some major financial institutions relish, even advocate for the government backstopping their risk, GE is... Read More

Prior to 2021, commodity hedge funds were struggling with poor returns and a lack of investor interest. That all changed in 2021. Rising commodity prices thanks to the renewable energy... Read More

The French election, held this Sunday, is tightening to within the statistical margin of error, a Deutsche Bank report notes. What could be the biggest risk to the market,... Read More

Over the past few days, a number of economists and other financial professionals have argued that the recent economic data confirms that sequestration is hurting the economy.  Is what... Read More

The promotional attack machine used to bring Herbalife Ltd. (NYSE:HLF) to its knees is now targeting Anthony Powell, one of the nutritional supplement company’s top distributors. Ackman working to coax... Read More

Mohnish Pabrai has owned this stock in his Pabrai Funds portfolios since 2015. He bought the stock for his portfolio when the company was struggling under a mountain of... Read More

Gold fell again today after the Institute for Supply Management’s non-manufacturing index hit 58.6 when the consensus expected it to drop 55. Anything above 50 is a sign of... Read More

A high speed trading firm that often accounts for 4 percent to at times as much as 9 percent of overall stock market volume, agreed to pay a $16 million fine... Read More