There are some risks that can’t be quantified, and that’s just fine with Seth Klarman “cub” and former employee Miguel Fidalgo. Like the value-focused master under which he received... Read More

According to Wei Yao of Societe Generale, in light of the lack of improvement in recent data as well as the harsh interbank liquidity squeeze, they believe it necessary to further revise... Read More

State Street was ordered by the Federal Reserve to improve its compliance with anti-money laundering regulations, making the Boston-based bank the latest to be tagged by the central bank... Read More

As the Obama Administration budget was announced today, the Commodity Futures Trading Commission (CFTC) seems to be the agency left out in the cold at a time when regulating... Read More

Harry Markowitz’s modern portfolio theory has been a staple concept among many noncorrelated portfolio builders. The core concept is that an assets risk and returns profile should not be... Read More

Fannie Mae and Freddie Mac are still hot stocks and Bruce Berkowitz is ready to help with increasing shareholder value for himself and others. This was the crux of... Read More

The equity risk premium, the excess return that investing in the stock market provides over a risk-free rate such as US Treasury bonds, is an important part of financial... Read More

Societe Generale’s vocal perma-bear Albert Edwards is concerned about the speed at which US inflation expectations have collapsed since the beginning of the year, a statistic that has gone... Read More

What is Warren Buffett's best quality? Some might argue the Oracle's best quality is his ability to pick stocks. Others might say his ability to pick managers or manage... Read More

Bonds are very different from stocks, particularly when it comes to active management and it does not only have to do with odd personalities.... Active bond managers outperform their... Read More