New York City’s Public Advocate Just Told Hedge Funds To Shove It

Posted by & filed under Growth & Valuation, Industry Analysis.

Description: “Let them sell their summer homes and jets, and return those fees to their investors.” Source: HuffingtonPost.com Date: Apr 14, 2016 Link: http://www.huffingtonpost.com/entry/nyc-divest-hedge-funds_us_570fd993e4b08a2d32b95bfa?utm_hp_ref=business Questions for discussion: What is the basis for dissatisfaction with the hedge fund industry? Do you think the public criticism of the industry is justified?

After $600 Million Typo, Valeant CEO Is Back on the Hot Seat

Posted by & filed under Company Analysis, Financial analysis, Governments & Regulators, Growth & Valuation.

Description: Michael Pearson and his company, Valeant Pharmaceuticals International Inc., were supposed to calm Wall Street doubters on Tuesday. Instead: chaos. Source: Bloomberg.com – video report Date: Mar 15, 2016 Link: http://www.bloomberg.com/news/articles/2016-03-15/after-a-600-million-typo-valeant-s-ceo-is-back-on-the-hot-seat Questions for Discussions: Summarize the reasons for Valeant’s share value collapse, according to the report. Do you think it has collapsed completely and… Read more »

Mystery ‘Dude’ Rattles Markets for Turkish Stock Traders

Posted by & filed under Governments & Regulators, Growth & Valuation.

Description: Stock traders in Istanbul are dealing with the mysterious case of “the dude,” a trader shaking up the Turkish markets with large bets and boosting trading volume on the Borsa Istanbul by nearly eight percent this year. Bloomberg’s Constantine Courcoulas examines the details on “Bloomberg Markets.” (Source: Bloomberg) Source: Bloomberg.com – video report Date:… Read more »

Time for Hedge Funds to Comeback?

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Description: Credit Suisee Global Head: Capital Services Bob Leonard discusses his outlook for hedge funds. He speaks on “Bloomberg Markets.” (Source: Bloomberg) Source: Bloomberg.com – video report Date: Mar 03, 2016 Link: http://www.bloomberg.com/news/videos/2016-03-03/time-for-hedge-funds-to-comeback Questions for Discussions: What does the report say about the hedge fund industry today and the direction it is heading? How should… Read more »

The Lone Analyst Who Said Sell Valeant When Hedge Funds Piled In

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Description: In July 2014, Dimitry Khmelnitsky advised investors to sell Valeant Pharmaceuticals International Inc. and then watched the stock double in a year. “It was very painful,” Khmelnitsky, an analyst at Veritas Investment Research Corp., said in an telephone interview from his office in Toronto. “What I felt was pain.” Source: Bloomberg.com – video report Date:… Read more »

Surging copper is obvious ‘chart of the day’

Posted by & filed under Economic Analysis, Growth & Valuation.

Description: Dr. Copper is looking a little healthier these days. The industrial metal has seen its role as an international economic bellwether tarnished over the past few years, but its rebound from nearly seven-year lows set in January is attracting attention from traders and certainly isn’t doing any harm to sentiment across financial markets given… Read more »

Vanguard’s Gain Is Wall Street’s Pain as Billions Leave the Financial Industry

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Description: Passive investing popularized by Vanguard has removed a chunk of Wall Street’s revenue. Source: Bloomberg.com Date: Dec 01, 2015 Link: http://www.bloomberg.com/news/articles/2015-12-01/vanguard-s-gain-is-wall-street-s-pain-as-billions-leave-the-financial-industry Questions for Discussions: Explain Vanguard’s success. How can Wall Street respond?

Bill Ackman Found a Cheap Way to Buy More Valeant Stock

Posted by & filed under Company Analysis, Growth & Valuation.

Description: “The biggest regret I have with Valeant is that we’re not in a position to buy more,” said Bill Ackman on a conference call earlier this month, but he solved that problem just a couple weeks later. Source: Bloomberg.com Date: Nov 24, 2015 Link: http://www.bloombergview.com/articles/2015-11-24/bill-ackman-found-a-cheap-way-to-buy-more-valeant-stock Questions for Discussions: How did Bill Ackerman manage to buy more… Read more »