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Italy’s Banking Crisis

Italy’s Banking Crisis

Italy’s Banking Crisis by  Kaisa Stucke, CFA, Confulence Investment Management On January 1, 2016, the EU implemented a new bank restructuring directive. The new and stricter rules are aimed at forcing private stock, bond and deposit holders to accept losses […]

The Federal Coal Program Review: Who Wins, Who Loses?

The Federal Coal Program Review: Who Wins, Who Loses? by [email protected] Eric Orts and Ian Lange on the Federal Coal Program Review The U.S. government’s move this month to halt issuance of new coal mining leases on public lands as […]

Damodaran Online

Debt, The Double Edged Sword!

January 2016 Data Update 6: Debt, The Double Edged Sword! by Aswath Damodaran, Musings On Markets In corporate finance, the decision on whether to borrow money, and if so, how much has divided both practitioners and theorists for as long […]

Ariel Appreciation Fund 4Q15 Commentary

Ariel Appreciation Fund 4Q15 Commentary

Ariel Appreciation Fund commentary for the fourth quarter ended December 31, 2015. H/T Dataroma The fourth quarter of 2015 was a positive end to a mixed year for equities. The three flagship indexes tracking our asset classes all rose nicely. […]

Wired Notices AI Hedge Funds, But How “New” Is New?

AI Hedge Funds …… New types of algorithmically-based strategies are being developed, but the real question becomes how “new” is new? New strategies are being executed by computers, but how, exactly, these computer-based programs create an all-new investment thesis remains […]