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Articles tagged with: Hedge Funds

Hedge Funds, Investing, Leadership, Trading »

[24 Nov 2008 | One Comment | 3,014 views]
Thick Turbid Transparency

You have to like Hank Paulson. The Treasury Secretary grew up on a farm in Illinois. Many leaders in American history learned the value of hard work while planting seed and harvesting crop. George Washington was a farmer. Thomas Jefferson was a farmer and envisioned our country as a republic of farmers with a strictly limited federal government. That was when agriculture dominated the economic composition of the United States. Since then, the original federation of thirteen states has grown to fifty while the percentage of the citizenry employed in …

Entrepreneurship, Features, Hedge Funds, Investing, Latticework, Randomness, Startups, Technology »

[1 Nov 2008 | 8 Comments | 4,803 views]
Thriving in Tough Times

I don’t get things right as much as I’d like when it comes to the market but my Latticework Linkfest back in late February was spot on:
In times of recession, when unemployment is high, the unemployed go back to school to add marketable skills and increase future earnings power. The leading companies in for-profit education include Strayer Education (STRA), DeVry (DV), ITT Educational Services (ESI), Career Education Corporation (CECO), Capella Education (CPLA), Corinthian Colleges (COCO), and industry giant Apollo Group (APOL). Apollo operates the ubiquitous University of Phoenix campuses. This …

Hedge Funds, Investing, Trading »

[26 Oct 2008 | 4 Comments | 4,489 views]
Long Term Capital Mismanagement

Henry Paulson, the Secretary of the U.S. Department of Treasury, recently announced a plan to purchase equity stakes in large public financial institutions to stem the tide of bankruptcies and failures brought on by the credit crisis. By buying shares in big banks, the government is essentially providing much needed cash to stabilize the companies and provide for some liquidity and credit stimulus. This is just one of many actions announced in an attempt to diffuse the credit crisis. Equally busy are Ben Bernanke and the Federal Reserve. Paulson swears …

Business, Hedge Funds, Investing, Strategy, Trading, Video »

[23 Sep 2008 | 2 Comments | 6,557 views]

Even the mighty are falling. The last two major independent investment banks on Wall Street, Goldman Sachs (GS) and Morgan Stanley (MS), have received permission from the Federal Reserve to convert from traditional investment banks into commercial banks or bank holding companies. Plenty of ink, digital or otherwise, has been spilled about the disappearance of investment banks so I won’t dwell much on that. We’ve seen the collapse of Lehman Brothers (LEH) and Bear Stearns. Still somehow, I’m sure there were some who sentimentally held out hope that the two …

Hedge Funds, Investing, Trading, Video »

[22 Sep 2008 | One Comment | 10,744 views]
Patrick Byrne Vindicated

Patrick Byrne, CEO of Overstock.com (OSTK), was one of the lone voices sounding caution while the market was steadily marching upward to record levels. In good times when everyone in the market is making money, few will listen to the radical iconoclast in the corner warning of an impending end to the party. Contrarians are often seen as party poopers. The financial press regularly ridiculed Byrne for his passionate crusade against naked short selling. Many perceived his actions as a desperate attempt to save his own company from short sellers. …

Creativity, Features, Hedge Funds, Investing, Politics, Private Equity, Randomness »

[1 Jun 2008 | One Comment | 3,083 views]
Samurais, Jihadists, and Masters of the Universe

Earlier this month, Macquarie Group Limited (ASX:MQG), announced record profits on higher fees earned from deal making and strong equities trading. Macquarie is the leading investment bank in Australia and has intrigued me for quite some time because of its strength in the infrastructure industry. The megatrend of globalization means that infrastructure will play an increasingly important part of a global investment portfolio. Macquarie has carved itself a valuable niche as the leading investment bank for infrastructure assets and is consistently found all over the world making direct investments or …

Investing, Linkfest »

[27 May 2008 | No Comment | 848 views]
Investing Linkfest 5/27/08

Last week, I attended Zions Bank’s (ZION) 7th Annual International Trade and Business Conference. Most of the speakers were very interesting. John Howard, the former Prime Minister of Australia, gave a lively keynote speech and subsequently fended off with aplomb the inane question of a clearly wide-eyed political science student from the university. Christopher Padilla, the United States Under Secretary of Commerce for International Trade (that’s a mouthful), spoke about the opportunities in a world featuring an emerging power in China.

The one speaker that intrigued me most was Matthew Simmons …

Investing, Linkfest »

[18 May 2008 | One Comment | 822 views]
Investing Linkfest 5/18/08

The stock market’s rebound has been so fast and furious that it might make folks forget that we just experienced a nasty credit crisis and market downturn. Have sinking home values not registered with the national psyche? Surf around on Zillow.com and witness the vast amounts of wealth disappearing over the last few months as homeowners see their most significant asset crumbling on a shaky credit foundation. Of course, institutional money managers are the ones buying furiously and fueling this market rebound. It is entirely plausible that, unlike the average …

Business, Entrepreneurship, Hedge Funds, Innovation, Investing, Startups, Strategy, Technology, Venture Capital »

[17 Apr 2008 | No Comment | 831 views]

Prompted by the rumblings of activist hedge funds Harbinger Capital and Firebrand Partners last month, I wrote about the New York Times (NYT) and its evolving technology assets. I found the Times to be surprisingly forward-thinking in its investments in the online world. As a strategic investor, it has made some fairly impressive investments in innovative startups that could solve the riddle of monetizing online news and content. Its investments include bets on blog advertising networks, news aggregation websites, blogging platforms, video sharing sites, job search engines, …

Hedge Funds, Investing, Private Equity, Technology, Video »

[5 Apr 2008 | 2 Comments | 1,710 views]

 
Steve Ballmer, CEO of Microsoft (MSFT) puts on his best poker face with this letter to the Yahoo! (YHOO) board of directors. Ballmer isn’t known all over the world as an innovator, but as a former lawyer and one of the architects of Microsoft’s monopolistic business tactics, I’m sure he can hold his own at the negotiation table. Of course, that hasn’t been the case lately with the outlandish premiums he paid for aQuantive and Facebook. So maybe he’ll back off of this hard stance:
Dear Members of the Board:
It has …