The Wise Man

Posted on Thursday, July 18th, 2013

Leon Cooperman, the head of Omega Advisors, has been around this business a long time and to do that you have to have a great track record. Cooperman who was bullish on  equities last year and correctly predicted 10 of his 10 stock picks at last year’s Delivering Alpha conference had this to say at… read more.

Blackthorn Quarterly Letter Q2 2013

Posted on Friday, July 12th, 2013

The air goes out of the balloon much faster than it went in.  -Howard Marks Last quarter we talked about the madness of crowds and the fantastic gains put in for the market to start the year. If one were to extrapolate those gains to an annualized basis one could see that the pace of… read more.

Bond Vigilantes Back

Posted on Friday, July 5th, 2013

I hope that you all enjoyed your 4th of July celebrations and BBQ’s. While we were barbequing in our back yards and parks officials across the pond were busy promising more easy money. That got European markets hearts all aflutter and up about 2.5 -3 % across the board. The reason that European officials chose… read more.