“No matter who wins the election, we still have a lot of wood to chop. There is no way we continue to run huge deficits without a severe market consequence,” said my old friend and former client, Leon Cooperman, CEO of mega hedge fund Omega Advisors.
Any trader will tell you the trend is your friend, and the overwhelming direction for the US dollar (UUP) for the last 242 years has been down. Our first Treasury Secretary, Alexander Hamilton, found himself constantly embroiled in sex scandals. Take a ten-dollar bill out of your wallet and you’re looking at a world-class horn
"I had no idea Amazon would produce this kind of performance. I blew it," confessed Oracle of Omaha Warren Buffett.
"Forget what you know about buying fair businesses at wonderful prices. Instead, buy wonderful business at fair prices," said Oracle of Omaha, Warren Buffett.
You’ve spent vast amounts of time, money, and effort to become options trading experts. You know the difference between bids and offers, puts and calls, exercise prices, and expiration days. And you still can’t make any money. Now what? Where do you apply your newfound expertise? How do you maximize your reward versus your risk?
We’ve all heard this story before. Malls are dying. Commerce is moving online at a breakneck pace. Investing in retail is a death wish. No less a figure than Bill Gates, Sr. told me before he died that in a decade, malls would only be inhabited by climbing walls and paintball courses, and that was
Ignore the lessons of history, and the cost to your portfolio will be great. Especially if you are a bond trader! Meet deflation, upfront and ugly. If you look at a chart for data from the United States consumer prices are rising at an annual 3.2% rate. The long-term average is 3.0%. This is above
Your background is very impressive and intriguing. You definitely have a lot of valuable and unique experience. I read your most recent post on activist investing and couldn't agree more. I have always been a fan of activist strategies because even under an assumption of efficient markets, activism can still generate alpha in theory. I
“Green technology is one of the best investment opportunities we’ve ever seen. We are used to seeing billion-dollar market opportunities. Here we’re seeing a trillion dollar opportunity,” said venture capitalist Steve Jurvetson.
“If the yen goes to ¥150, what does Toyota do to Ford,” said Barry Sternlicht, CEO of the private equity firm, Starwood Capital.