June 5th, 2010 by jwolinsky
I always like following funds run by some of the best money managers of our time. Third Avenue Fund is run by legendary investor Martin J. Whitman. Every quarter the fund releases its quarterly report. Third Avenue just released its 2nd quarter report for 2010. Martin Whitman shares his wisdom between pages 2-7. I can [...]
May 12th, 2010 by jwolinsky
Rick Santelli is arguably one of the most influential people in the country. Last year Santelli ranted against the Obama administration’s mortgage modification plan, and called for a Chicago tea party. The news clip went on to become national news. Obama’s spokesman Robert Gibbs even responded to Santelli. Santelli unknowingly started one of the largest [...]
May 3rd, 2010 by jwolinsky
I previously posted a video of Warren Buffett defending Goldman Sachs. Charlie Munger also weighed in on the debate in an interview with Becky Quick on CNBC. In the interview with Becky Quick, Charlie Munger rips Richard Fuld of Lehman Brothers and says he is guilty “megalomania” and “isolation”. Charlie Munger also gives Goldman Sachs [...]
May 3rd, 2010 by jwolinsky
Unfortunately, I was not able to make it to the Berkshire Hathaway meeting in Omaha. However, I will be posting coverage of the event on Value Walk over the next few days. Please check back for updates from the meeting. Here is my first reporting from the event. CNBC’s Becky Quick talks to Berkshire-Hathaway CEO [...]
April 28th, 2010 by jwolinsky
Someone wrote me an email asking me what I thought about the current financial reform bill. The reader asked What is your take on the financial reform ? Is it window dressing or do you think the legislation ( Senate version ) really changes the game for the better? Frankly , I am too cynical [...]