Gradual Squeeze

Posted on Saturday, May 13th, 2017

Local governments are in serious trouble as we are now seeing in Puerto Rico and Connecticut. High taxes, capital flight and pension obligations are going to meet the new order. We see technology and social changes on the horizon that continue to cut out the middle man and the ultimate middle man is government. Driverless… read more.

1987?

Posted on Saturday, April 29th, 2017

Most investors are primarily oriented toward return, how much they can make and pay little attention to risk, how much they can lose.” — Seth Klarman Every week I read Steve Blumenthal’s from CMG Capital Management’s letter On My Radar . It is an excellent source of insights and research that Steve’s puts out every… read more.

Behind Closed Doors

Posted on Saturday, April 22nd, 2017

Known for being press shy, unlike some hedge fund managers, Paul Tudor Jones broke onto the trading scene with a splash by calling the 1987 stock market crash just days before it happened. So it was big news this week when it was revealed that Paul Tudor Jones, at a closed door meeting this week… read more.