Hoax Compels BlackRock To Bigly Wig Out

In the early morning of January 16, a few hours before announcing their fourth-quarter 2018 earnings, Laurence Fink, CEO of BlackRock, the biggest asset manager on earth, received an email copy of his annual letter to investors. There was just one problem: he had not sent the real one [...]

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This Fund’s Q4 Winners Were All Shorts

Although 2018 was an especially difficult year for most hedge funds, many of them had a fairly decent year until December arrived. Krensavage Partners ended 2018 in the green, but the fund would have had a much better year if December hadn't been such a huge problem. Q3 hedge fund [...]

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Visualizing The World’s Busiest Ports

An estimated 90% of world trade is facilitated by maritime shipping, and as trade volumes continue to increase, the world’s busiest ports continue to grow larger and more efficient to meet demand. Q3 hedge fund letters, conference, scoops etc In fact, in just the last four years, the median annual volume [...]

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Fed Will ‘Wait & Watch’ Before Raising Interest Rates

FORECASTS & TRENDS E-LETTER by Gary D. Halbert January 15, 2019 Q3 hedge fund letters, conference, scoops etc IN THIS ISSUE:Powell Repeats: The Fed Can Be “Patient” On Rate Policy No Talk of Slowing the Reduction of Fed’s Balance Sheet Should President Trump & Congress Reform Federal Reserve? Proposals For Reforming the [...]

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Livermore Up 14% In 2018 On Pacific Gas and Electric Short

  Livermore Partners Q4 Partners Report January 17th, 2019 To Partners: skeeze / Pixabay The quarter and YTD performance took a hit in Q4. Mainly due to a seemingly hawkish Federal Reserve and slowing global economy. Thus, driving a global selloff that hit almost every asset class into year-end. For Livermore Partners and [...]

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Jana Partners Goes All-In On Activism

Jana Partners has announced plans to shutter its flagship JANA and Nirvana funds to focus solely on its activist-focused strategy. The firm informed investors of its decision on Tuesday in a letter, which was reviewed by ValueWalk. Jana turns fully toward activism Founder Barry Rosenstein and his team at Jana launched [...]

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FPA Special Commentary – Risk Is Where You’re Not Looking

FPAFund's special commentary for the month of January 2019, titled, "Risk Is Where You're Not Looking." Q3 hedge fund letters, conference, scoops etc “To expect the unexpected shows a thoroughly modern intellect.” - Oscar Wilde Most of us worry. We understand logically that we perhaps imagine more issues, problems and crises than [...]

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SILVER – CAN IT BREAK RESISTANCE?

SILVER – CAN IT BREAK RESISTANCE? Last week we highlighted the importance of the gold/silver ratio for precious metals investors, and how this indicator is our most important model to watch during the new year: (In 2019 - Can the Gold to Silver Ratio Break Lower? | Bullion Exchanges Blog). Given [...]

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Back To Class: A Teaching Manifesto!

I am convinced that each of us is granted moments of grace, where, if we are open to the possibility, we find out what we are meant to do with our lives. For me, one of those moments occurred in the second year of my MBA program at UCLA, [...]

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Animation: The Entire History Of Tesla In 5 Minutes

How did Tesla accelerate from 0-60 mph in such a short period of time? Q3 hedge fund letters, conference, scoops etc Image source: YouTube Video Screenshot Today’s five-minute-long animation is presented in association with Global Energy Metals, and it tells you everything you need to know about the history of Tesla, including [...]

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Mohnish Pabrai: Outperforming In A Crisis

Mohnish Pabrai first opened his funds to outside money in 1999 with a little over $1 million in assets under management. He couldn't have picked a better time to start his career as an investment manager. Around 12 months after Pabrai funds first opened its doors, the dot-com bubble [...]

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