European insurers discover cyber protection market

European insurers discover cyber protection market (via AFP)

It’s already a booming market in the United States, but in Europe, companies are also waking up to the idea of cyber insurance to protect themselves against Internet attack. And insurance companies are projecting strong growth in the coming years. On…

Seth Klarman Tells His Investors: Central Banks Are Treating Investors Like “Foolish Children”

Volatility"Surreal doesn't even begin to describe this moment," Seth Klarman noted in his second-quarter letter to the Baupost Group investors.  Commenting on the market developments over the past six months, the value investor stated that events, which would typically occur over an extended time frame, had been compressed into just a few months. He noted Read More