LATEST BLOGS

The Steve Jobs You Didnt Know

Revisionism after death is also an interesting phenomena. According to Apple CEO Tim Cook, he first learned about Steve’s need for a liver transplant in January 2009. By that time Steve wasn’t coming into the office at all, and Cook would visit him at home just about every day. He started to worry that things might finally be…

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Returns Comparison

With the majority of world markets running hot I thought it would be interesting to compare last years returns for a handful of markets with their returns YTD. In the chart below I have looked at the value of $1 invested in each market for the 2014 calendar year and for the calendar YTD. This…

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The Billionaire Who Is Trying To Go Broke

Interestingly and much to my surprise I have only just come back to this article…. On a cool summer afternoon at Dublin’s Heuston Station, Chuck Feeney, 81, gingerly stepped off a train on his journey back from the University of Limerick, a 12,000-student college he willed into existence with his vision, his influence and nearly…

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In Praise of Short Sellers

In November, 2013, Whitney Tilson, who runs a small hedge fund called Kase Capital Management, gave a presentation to a group of money managers. Tilson’s talk was about a flooring company called Lumber Liquidators. In the previous two years, its profits had more than doubled and its stock had risen sevenfold. But Tilson made a…

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