Einhorn V Klarman – This Could Be Fun To Watch

It’s fun to watch investing “titans” do battle publicly.  That’s what’s setting up between David Einhorn and Seth Klarman, two billionaire hedge fund managers. Klarman is the king of finding and buying undervalued companies. Einhorn is an activist investor most well known for shorthing Lehman before it fell apart. The two are on opposite sides […]

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Michael Lewis Is A Good Writer… He’s A Better Marketer…

Michael Lewis’ new book “Flash Boys” is on fire.  Amazon’s number one seller on its first day and it seems EVERYONE in financial circles is discussing the book.  Is it because the book is just that awesome?  Maybe… But, there are clear factual inaccuracies and even more “information” stated as fact when it’s far more […]

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The Secret of Trading

In his newsletter yesterday Dennis Gartman admitted that his trading call last week was “wrong.”  In an article excerpting Gartman’s discussion of that mistake one journalist quoted Gartman as follows: ‘Some have asked if we were embarrassed by the one unit short positions in gold and equities and do we wish we’d not done them? […]

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