Apologists for crony capitalism are telling the American people that shareholders and executives of failed banks will be wiped out. The reality is more complex ...
Silicon Valley Bank's shareholders and creditors cannot be bailed out without introducing massive moral hazard antithetical to capitalism ...
Starbucks Halts Repurchases, Grant on Interest Rates, Costly Signaling, Yield Curve Inversion ...
Microsoft's Future, Ackman's Triumph, Benjamin Graham, Jon Stewart Interviews Thomas Hoenig ...
Many aspects of life seem to have asymmetrical qualities. One obvious example involves the amount of time and effort required to build a reputation, both from a personal and professional perspective. It can take many years to earn the confidence ...
In this series, we suggest worthwhile reading material on a variety of topics, not all of which are directly related to investing. The Big Short: Is the next financial crisis on its way? - The Guardian, November 19, 2016. Steve ...
Note to readers: In this series, we suggest worthwhile reading material on a variety of topics, not all of which are directly related to investing. Some of the articles are behind pay walls. However, it is often possible to read ...
"All intelligent investing is value investing -- acquiring more than you are paying for." - Charlie Munger There has long been a distinction in the investing community between companies that appear attractive based on "growth" stories versus those that are ...
Bill Ackman recently agreed to speak at the 6th annual New York Value Investing Congress which will take place on October 12 and 13. Mr. Ackman is one of most closely followed value investors and has built a very impressive ...