Money and Finance
- Satyajit Das On Jp Morgan’s $2 Billion Loss
Having benefitted from risk management failures of others such as investment bank Bear Stearns and hedge fund Amaranth, JP Morgan (“JPM”) appears to have made an “egregious” and “self inflicted” hedging error. The bank would have done well...
- Hussman Weekly Market Comment: A Wile E. Coyote Market
The overall effect of the incoming economic data is to suggest that while upcoming earnings reports may be reasonably good from a rear-view perspective of the second quarter, earnings guidance for the second-half of 2011 could tend to be either weak or...
- Vivek Kaul Interview With Mohnish Pabrai
What are the factors you look at before deciding to invest in a company? Can you give us an example?The first thing you got to look at is, "I am not buying a stock, but I am buying a business." And you only buy the business if you were willing to buy...
- What Warren Thinks...
In early April the megabillionaire hosted 150 students from the University of Pennsylvania's Wharton School (which Buffett attended) and offered Fortune the rare opportunity to sit in as he expounded on everything from the Bear Stearns bailout to...
- Wanted: Castles, Gold And Benevolent Rulers
Interview With Gifford Combs, Managing director and portfolio manager, Dalton Investments Q: Given that context, where are you focused? Berkshire Hathaway [ticker: BRK.A]. Think of it as the Rodney Dangerfield of companies in America. The operating...
Money and Finance
How to Lose $1 Billion
Link to article: How to Lose $1 Billion: Yeshiva University Blows Its Future on Loser Hedge Funds
High-risk investments and conflicts of interest abounded at Manhattan's prestigious university, leading to a $1.3 billion reversal of fortune. Students are likely to bear the brunt of the losses.
- Satyajit Das On Jp Morgan’s $2 Billion Loss
Having benefitted from risk management failures of others such as investment bank Bear Stearns and hedge fund Amaranth, JP Morgan (“JPM”) appears to have made an “egregious” and “self inflicted” hedging error. The bank would have done well...
- Hussman Weekly Market Comment: A Wile E. Coyote Market
The overall effect of the incoming economic data is to suggest that while upcoming earnings reports may be reasonably good from a rear-view perspective of the second quarter, earnings guidance for the second-half of 2011 could tend to be either weak or...
- Vivek Kaul Interview With Mohnish Pabrai
What are the factors you look at before deciding to invest in a company? Can you give us an example?The first thing you got to look at is, "I am not buying a stock, but I am buying a business." And you only buy the business if you were willing to buy...
- What Warren Thinks...
In early April the megabillionaire hosted 150 students from the University of Pennsylvania's Wharton School (which Buffett attended) and offered Fortune the rare opportunity to sit in as he expounded on everything from the Bear Stearns bailout to...
- Wanted: Castles, Gold And Benevolent Rulers
Interview With Gifford Combs, Managing director and portfolio manager, Dalton Investments Q: Given that context, where are you focused? Berkshire Hathaway [ticker: BRK.A]. Think of it as the Rodney Dangerfield of companies in America. The operating...