Money and Finance
- Links
A Dozen Things Learned from Charlie Munger about Moats (LINK) Why Falling Oil Prices Startled MLP Investors - by Jason Zweig (LINK) John Burbank warns of liquidity crisis (LINK) The Manual of Ideas interview with MIT Investment Management Co. [H/T...
- John Burbank On Bloomberg (video): Will There Be A Recession By Early 2013?
Thanks to Matt for passing this along. April 3 (Bloomberg) -- John Burbank, founder of Passport Capital LLC, said he expects a U.S. economic recession by early 2013. Kelly Bit reports on Bloomberg Television's "Money Moves." ...
- John Burbank On Bloomberg (video)
Thanks to Steve F. for passing this along. Link to: John Burbank on Bloomberg ...
- 'macro' Forces In Market Confound Stock Pickers
More and more investors aren't bothering to pore through corporate reports searching for gems and duds, but are trading big buckets of stocks, bonds and commodities based mainly on macro concerns. As a result, all kinds of stocks—good as well as...
- A Passport To High Returns - Interview With John Burbank
Found via Market Folly. John Burbank is the founder of the hedge fund Passport Capital. He is a widely followed money manager with a record of success since he launched his firm in 2000. John famously predicted the decline of the American housing market...
Money and Finance
Passport Capital Q3 Update
Via ValueWalk.
John Burbank has become bearish on the global economy. Taking a cue from Seth Klarman and David Einhorn, John Burbank criticizes the easing policies of central banks. Burbank states ‘while central banks huff and puff to create real GDP growth, they appear to be near exhausting their resources. We believe that much of the growth we’re seeing is understated inflation, not real.’
Burbank in particular, is bearish on China. He notes the slowing energy consumption. Burbank says that GDP growth numbers from China ‘can hardly be believed.’
Despite the bearish outview, Burbank is finding value in US dividend yielding large cap equities. Burbank discusses some of his top holdings, and why he likes the companies.
- Links
A Dozen Things Learned from Charlie Munger about Moats (LINK) Why Falling Oil Prices Startled MLP Investors - by Jason Zweig (LINK) John Burbank warns of liquidity crisis (LINK) The Manual of Ideas interview with MIT Investment Management Co. [H/T...
- John Burbank On Bloomberg (video): Will There Be A Recession By Early 2013?
Thanks to Matt for passing this along. April 3 (Bloomberg) -- John Burbank, founder of Passport Capital LLC, said he expects a U.S. economic recession by early 2013. Kelly Bit reports on Bloomberg Television's "Money Moves." ...
- John Burbank On Bloomberg (video)
Thanks to Steve F. for passing this along. Link to: John Burbank on Bloomberg ...
- 'macro' Forces In Market Confound Stock Pickers
More and more investors aren't bothering to pore through corporate reports searching for gems and duds, but are trading big buckets of stocks, bonds and commodities based mainly on macro concerns. As a result, all kinds of stocks—good as well as...
- A Passport To High Returns - Interview With John Burbank
Found via Market Folly. John Burbank is the founder of the hedge fund Passport Capital. He is a widely followed money manager with a record of success since he launched his firm in 2000. John famously predicted the decline of the American housing market...