14 Nov 2014

Warren Buffett Continues to Be Clever

…businesses outright than shares of publicly traded stocks, so he’s reducing his publicly traded shares of PG for the outright ownership of Duracell. This swap allows Berkshire to avoid paying…

By Tags:
6 Apr 2015

A Test Too Tough

…think you need this argument to win the debate either, there’s plenty of other evidence that makes the point that at least gives the active management community a fighting chance….

29 Sep 2014

Bill Gross, Meet Derek Jeter

…Mohamed El-Erian, quit abruptly and started an ugly, public feud. All of a sudden, stories about Gross’ mean-spirited and erratic behavior, like disallowing employees from looking him in the eyes

By Tags:
4 Nov 2014

The Perils of Non-Traded REITs

…talk about non-traded REITs. We like and use REITs (click here for more), but haven’t bought non-traded REITs. Traded or non-traded, REITs are simply companies that own commercial real estate…

By Tags:
15 Dec 2015

Junk Bond Selloff Continues

…Capital, announced that it was shutting down its $900 million credit fund, and another hedge fund, Stone Lion, said that they were suspending redemption on their $400 million fund. This…

By Tags: