Money and Finance
- Wilbur Ross On Cnbc
Link to article and video: I'm selling 6 times more than buying: Wilbur Ross "On balance we've been a seller. We've sold six times as much as we've bought so far this year … everywhere," the investor in distressed assets told "Squawk...
- Wilbur Ross On Bloomberg (video)
June 20 (Bloomberg) -- Billionaire Wilbur Ross, chairman of WL Ross & Co., discusses Federal Reserve monetary policy, U.S. shale gas production, U.K. banks and the outlook for the container shipping industry. He speaks with Anna Edwards on Bloomberg...
- Weekly Roundup - April 25, 2015
It's been a pretty great week. I've been off of work, a little bittersweet since no work means less income, but I'm so glad that I've been off. I got home a week ago Thursday and Luke was not doing all that well and was extremely swollen....
- Bargain Hunting With Ross Stores, Inc.
I'm always on the lookout for excellent companies with a long growth trends in front of them. Ross Stores, Inc. (NASDAQ:ROST) fits that bill but are the shares currently priced for perfection? Ross Stores is a discount retailer that offers consumers...
- My Weekly Stock Watch List (6/29)
I hope upcoming week I finally will be able to purchase some stocks and maybe sell some of non dividends stocks. Here is my watch list for upcoming week*. Stock Name, descriptionprice as 6/28Dividend YieldCAGConAgra Foods inc$29.633.10%ARIApollo Commercial...
Money and Finance
Q&A with Wilbur Ross
Found via Santangel’s Review.
Behind an immense desk in his midtown Manhattan office, Wilbur Ross, hunched over a computer, cuts a slender, almost fragile figure, dwarfed by his spacious surroundings. But diminutive is hardly what comes to mind at the mention of Ross' name. Everything about Ross seems outsized, from his stature as a doyen of corporate turnarounds to the breadth of private equity assets he and his firm have managed since 2000 -- more than $10 billion worth -- to the sprawling global enterprises he has cobbled together from moribund companies in an array of industries.
In the annals of private equity distressed investing, there is no one quite like Ross. His risky, seemingly quixotic ventures into ragged Rust Belt industries such as steel, coal, textiles and auto parts have attempted to reinvent segments of the economy left for dead. His earliest gamble, amalgamating Bethlehem Steel Corp., LTV Corp. and other ailing companies into International Steel Group starting in 2002, appeared grandiose in its ambitions and was highly controversial. But its outcome, bestowing what amounted to a spectacular 1,100% profit for Ross when the business was sold to Indian mogul Lakshmi Mittal's LNM Group in 2004 for $4.5 billion, was enough to prove that Ross wasn't in fact, as some media outlets suggested at one point, entirely "crazy."
- Wilbur Ross On Cnbc
Link to article and video: I'm selling 6 times more than buying: Wilbur Ross "On balance we've been a seller. We've sold six times as much as we've bought so far this year … everywhere," the investor in distressed assets told "Squawk...
- Wilbur Ross On Bloomberg (video)
June 20 (Bloomberg) -- Billionaire Wilbur Ross, chairman of WL Ross & Co., discusses Federal Reserve monetary policy, U.S. shale gas production, U.K. banks and the outlook for the container shipping industry. He speaks with Anna Edwards on Bloomberg...
- Weekly Roundup - April 25, 2015
It's been a pretty great week. I've been off of work, a little bittersweet since no work means less income, but I'm so glad that I've been off. I got home a week ago Thursday and Luke was not doing all that well and was extremely swollen....
- Bargain Hunting With Ross Stores, Inc.
I'm always on the lookout for excellent companies with a long growth trends in front of them. Ross Stores, Inc. (NASDAQ:ROST) fits that bill but are the shares currently priced for perfection? Ross Stores is a discount retailer that offers consumers...
- My Weekly Stock Watch List (6/29)
I hope upcoming week I finally will be able to purchase some stocks and maybe sell some of non dividends stocks. Here is my watch list for upcoming week*. Stock Name, descriptionprice as 6/28Dividend YieldCAGConAgra Foods inc$29.633.10%ARIApollo Commercial...