In the past, value investors would take advantage of that tremendous opportunity. Today, it represents career risk as they lose their jobs to passive investors. Like the irrational behavior around the tech boom, this too will end...
“The vaccine news is clearly a positive development. But it’s still long way off. The fear of the W-shaped recovery is probably very high at the moment."
"The General Court considers that the commission did not prove, in its alternative line of reasoning, that the contested tax rulings were the result of discretion exercised by the Irish tax authorities."
"This is not a normal recession. The recessionary part of this you’re going to see down the road. You will see the effect of this recession. You’re just not going to see it right away because of all the stimulus."
"Now it may be a generation or two down the line will be on the hook for this...whether they can pass it on to their children is an open question...but you’re definitely taking away their ability to borrow by borrowing today."
The company's shareholders appear to be footing the bill for Bilzerian's personal lifestyle - not only paying for his lavish parties but also paying him a salary in the process...
The fund’s Trustees noted in an April report that net inflows into the Trust Fund will turn negative next year, commencing a demise that will see the Trust Fund go broke in 2035.
Senior editor Ash Bennington joins managing editor Ed Harrison to discuss Q2 earnings for banks such as JPMorgan and Wells Fargo and use it as a barometer to…
