A Day With Hedge Fund Manager Hugh Hendry
Interesting video of a BBC journalist who spent a day with hedge fund manager Hugh Hendry. Click here.
(Via The Mises Institute Blog)
Interesting video of a BBC journalist who spent a day with hedge fund manager Hugh Hendry. Click here.
(Via The Mises Institute Blog)
NOTE: Every week or two I wrote a Client Note for my clients. I post the notes to my blog but with a time delay usually between 1 day and 1 week. To receive the Client Notes at the same…
For more on Einhorn, see my “Top Gun FP Client Note: Another Bubble”, October 26, 2009 in which I discuss his important speech at the Value Investing Congress in October 2009.
The monetary and fiscal stimulus dispensed by governments around the world was arguably effective in containing a recession and staving off depression. But if so, the question becomes: At what price? Nothing is free in economics and so the world…
This morning Darden Restaurants (DRI), owner of The Olive Tree and Red Lobster, lowered their full year forecast (Press Release). They lowered same store sales expectations for fiscal year 2009 from 2% growth to 0%-1% growth, revenue growth from 14%-15%…
“Listening to the commentary over the weekend and last week, most people were saying we’d skirt a recession, but this causes people to question that thought process.” – Steven Kroll Sr. (subscription required), Managing Director, Monness, Crespi & Hardt Stocks were…
“We took a hard look at our existing business in light of the current economic situation and at this time will focus on our core market.” – Carlson Restuarants Worldwide Spokeswoman Amy Freshwater Pick-Up Stix, the fast food asian restuarant,…