Samsung Q3 net profit spikes 25.6 percent


Samsung Q3 net profit spikes 25.6 percent (via AFP)

South Korea’s Samsung Electronics said Friday its net profit spiked 25.6 percent in the third quarter, driven by soaring revenue from memory chip sales. The world’s largest technology firm by revenue said July-September net profit rose to 8.24 trillion…

Abacab Fund Sees Mispricing In Options As Black-Scholes Has Become “Inadequate”

Abacab Asset Management's flagship investment fund, the Abacab Fund, had a "very strong" 2020, returning 25.9% net, that's according to a copy of the firm's year-end letter to investors, which ValueWalk has been able to review. Commenting on the investment environment last year, the fund manager noted that, due to the accelerated adoption of many Read More

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