Inflation doesn’t matter. Just ask your friendly Federal Reserve board. They are very comfortable with inflation levels and their ability to control them. They are even content to let inflation climb over the 2% target rate for some time. Fed…
Learn moreWhile I don’t physically travel around to conferences right now because of COVID restrictions, that doesn’t mean I’ve paused for one second on talking to smart people about the markets and investing. And regardless of where I am meeting people…
Learn moreThe leader of America’s biggest bank didn’t pull any punches in his latest shareholder letter. At 66 pages, and over 35,000 words, JP Morgan’s (JPM) Jamie Dimon basically called on Americans and our government to get our sh*t together. I…
Learn moreWho is the greatest hedge fund manager of all time? Many have wondered and many click-bait articles have been written. But I’m here to finally settle the debate. As long time readers of mine know, I love to pay attention…
Learn moreThe recent selloff in the SPAC market has created some bargain opportunities. After weeks of waiting on the sidelines, perhaps it’s a good time to put our SPAC strategy to work. Here’s what I’m keeping an eye on: Shares of…
Learn moreThe insider buying numbers are awful right now. Most insiders at U.S. corporations have kept their checkbooks in their pockets and have no interest in increasing their ownership in the companies they run. Sellers, on the other hand, are out…
Learn moreLast week we took a look at some Business Development Companies (BDCs) with close ties to private equity firms. This week, we are narrowing our focus on BDCs that have venture capital type exposure. There’s no debating the fact that…
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