Investors’ willingness to overlook earnings misses– and bid up shares of businesses that exceed earning expectations—is lifting the overall market. This according to a recent article in The Wall Street…
Day: November 22, 2019
Buffett's Berkshire Hathaway See Record Profits and Cash
Berkshire Hathaway’s operating profit peaked in the third quarter, pushing the conglomerate’s 2019 net income to “a staggering $52 billion, making Berkshire the most profitable public company in the world.”…
Jim Simons and the Best Hedge Fund Ever
In a recent Bloomberg article, columnist Barry Ritholtz reviews the new book by Wall Street Journal reporter Greg Zuckerman, “The Man Who Solved the Market: How Jim Simons Launched the…
Small Caps Stall Amid Weaker Economic Data
Small cap stocks, which surged after President Trump’s election and through last summer, have stalled a economic data has weakened and investors have begun bracing for a possible recession. This…
One Manager's Radical Idea: Zero Management Fees
“The problem for active management is not high fees,” says a recent article in Institutional Investor, “but rather that they charge investors during inevitable periods of underperformance.” This according to…
The Reckoning of the Hedge Fund Kings
Research from the firm HFR Inc. shows that clients have withdrawn money from stock-picking hedge funds for three years running, the longest stretch of outflows since it began tracking data…
