Southpoint Capital Advisors, the $3 billion New York hedge fund founded by former employees of David Einhorn’s Greenlight Capital, added 3.8% net during the third quarter of 2016, bringing year-to-date returns to 5.2% and cumulative returns since inception (July 2004) […]
To the chagrin of some Democrats, the Electoral College kept the faith and voted to make Donald Trump the forty-fifth president of the United States. Despite last minute pleas from celebrities and citizens, all but two of Trump’s electors were […]
This post is the seventh in our Housing America Series, aimed at elevating the need for housing policy reforms—from housing finance to affordability—as we move through a pivotal federal election and transition. While it is too early to tell how the […]
The world’s largest copper miner, Chile’s Codelco, dodged a bullet this past week. When management got an early labor deal signed with workers at the Chuquicamata mega-mine — heading off any potential strike action. But the news wasn’t quite as […]
Today people living in the Northern Hemisphere have woken up from the longest night of 2016. The winter solstice marks the first day of the “astronomical winter,” which is the day with the fewest hours of sunlight in 2016. The […]
The evidence is overwhelming that past performance is a poor predictor of active managers’ performance. That is why the SEC requires that familiar and common disclaimer. Studies have found that, beyond a year or two, there is little evidence of […]
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