Keystone Filibuster Fails, Pipeline Poised For Approval

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Keystone filibuster fails, pipeline poised for approval

The Keystone XL pipeline is closer than it’s ever been to approval after the Senate overcame a Democrat-led filibuster Thursday and was headed for a final passage vote later in the day – setting up an eventual showdown with President Obama, who has promised a veto. Nine Democrats bucked Mr. Obama’s threat and voted with 53…

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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