Barclays came out with a note this week entitled “Profiting from the Valuation Gap between Share Prices and the Oil Curve”. The bank notes that the shares of North... Read More

Ariel Investments monthly commentary for the month ended April 30, 2015. H/T Dataroma In the March monthly commentary, we discussed how our investment activity drove Ariel Fund’s strong bull market performance,... Read More

For Part 1, click here After 5 days, a few hundred miles of driving, a few dozen kebobs and some fascinating meetings; I got a feel for Cyprus. While the... Read More

Emerging market sell-off burns investors The emerging market sell-off of the past few days has been brutal and will have come as a great surprise to many investors who have... Read More

The painful emotional roller coaster that is riding out a losing investment thesis can be seen in Russell Clark’s recent letter to investors, a copy of which was reviewed... Read More

Asset managers have turned decidedly bullish on the stock market year-over-year, a Bank of America Merrill Lynch report notes. The long-only investors in the survey are questioning the long... Read More

Puerto Rico enacted the Public Corporations Debt Enforcement and Recovery Act on June 30. The legislation was pushed through without public discussion or debate and presented on the last... Read More

Global Inequality Reaches Levels Not Seen in Nearly 200 Years by Deirdre Fulton, CommonDreams Global income inequality has returned to levels recorded in the 1820s—when the Industrial Revolution produced sizable... Read More

…And The Cross-Section Of Expected Returns Campbell R. Harvey Duke University - Fuqua School of Business; National Bureau of Economic Research (NBER) Yan Liu Texas A&M University, Department of Finance Heqing Zhu... Read More

A new report from comScore shows that the operating system used by Apple Inc. (NASDAQ:AAPL) is now responsible for 30.2 % of all smartphone activations in the United States.... Read More