I always look forward to Hendrik Leber’s presentations. Hendrik runs a value investment fund named Acatis..
There are lot of similarities between the 1920s and today. In fact Livermore’s quote says it all: “There is never anything new on Wall Street, because speculation is as old as the hills.” Jon talked about how the 1924-1929 bull market was rigged by stock manipulators.
I don’t do writing assignments. I don’t like deadlines. I am not a writer; I am an investor who thinks through writing. So when Institutional Investor asked me to write on the future of investing, my instinct was to politely decline. But the topic did seem intriguing. So I decided to give it a try.
I am back from Buffett’s Omaha. Every year I come back feeling supercharged for the..
Mark Twain said, “To a man with a hammer, everything looks like a nail.” To..
After it’s property bubble burst, Japan embarked on a stimulus program Katsenelson describes simply as:..