The December 30, 2015 BCA / Edge “Tactical Asset Allocation and Market Indicator” report could not have arrived at a better time. With a global stock market sell-off gripping... Read More

With Bridgewater's Ray Dalio radiating a rare public persona as never before, it was up to Grant’s Interest Rate Observer to raise tough questions. In a widely read October... Read More

Fund of fund hedge fund manager Adam Blitz isn’t likely surprised at the surge of hedge fund closures in 2014. In a Bloomberg Briefs interview, Blitz outlined his core... Read More

For dividend investors, rising long-term interest rates do represent a risk factor. In a rising interest-rate environment, high-dividend-paying stocks have historically underperformed their lower-yielding and non-dividend-paying counterparts; cash flows... Read More

When Berkshire Hathaway effectively loaned Occidental Petroleum $10 billion to fund its acquisition of Anadarko Petroleum in the spring of 2019, Wall Street analysts questioned the logic behind the... Read More

RBI Capital Partners' long/ short fund was up 0.2% gross and down 0.3% net for the third quarter after strong September gains of 8.9% gross and 8.8% net. On... Read More

Mittleman Brothers Investment Management commentary for the third quarter ended September 30,2018. Q3 hedge fund letters, conference, scoops etc Dear Investors, I’ve had conversations with some of you recently that lacked the... Read More

Fama and French argue that argue that value strategies outperform growth strategies because the former are riskier. In their view, efficient markets simply deliver the higher returns than riskier... Read More

This is the final part of a ten part series on Seth Klarman, value investor and manager of Boston-based Baupost Group. Parts one through nine can be found at... Read More

On The Perils Of Management Access & Straying From Process: Our Adventure With Jones Soda by Jordan S. Terry, Stone Street Advisors Summary We initially were skeptical about Jones Soda (JSDA)... Read More