Cheap stocks in the long run tend to outperform, but there’s value and there’s value. John Authers looks at two different kinds of value – the “patient” and the “brave” – and finds the sectors and countries where most value is to be found.
Dan Loeb’s Third Point Re To Merge After Years Of Losses
Last week, Third Point Re insurance, which is backed by US hedge-fund manager Daniel Loeb, said it would merge with Sirius International Insurance Group in a cash-and-stock deal worth around $788 million. The deal comes at a pivotal time for both companies. Third Point Re To Merge After Years Of Losses Early last year, reports Read More