US Treasury: no room to move under debt cap

US Treasury: no room to move under debt cap (via AFP)

The Treasury Secretary Jacob Lew warned Wednesday that the government will have no more flexibility after October 17 to operate under the US debt cap. Lew told Congress that after months of juggling spending to meet government commitments without added…

Seth Klarman’s 2021 Letter: Baupost’s “Never-Ending” Hunt For Information

Baupost's investment process involves "never-ending" gleaning of facts to help support investment ideas Seth Klarman writes in his end-of-year letter to investors. In the letter, a copy of which ValueWalk has been able to review, the value investor describes the Baupost Group's process to identify ideas and answer the most critical questions about its potential Read More

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