ECB holds key rates steady

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ECB holds key rates steady (via AFP)

The European Central Bank held its key rates unchanged, as widely expected, at its monthly policy meeting on Wednesday, with markets looking out for some signals about possible new liquidity moves. The ECB’s governing council voted to keep the bank’…

Fastenal: Why Being Cheap Works As a Business Strategy

FastenalFastenal is one of the best-performing stocks of the past decade. Since the beginning of January 2010, shares in the industrial distribution company have yielded an average annual return of 16%, turning every $10,000 invested into $44,264. Q2 2020 hedge fund letters, conferences and more In many ways, Fastenal is not the sort of business Read More