Bill Ackman: Invest in the Business You Can Own Forever
Bill Ackman talked his investment philosophy during his lecture in Floating University (HT: Valuewalk). Ackman listed his four keys to successful investments: 1.
Author Archive - Bob Luochang Yu
Tweedy, Browne Fund’s Q3 Letter To Shareholders
Tweedy, Browne Fund Inc.'s most recent letter to shareholders. (more…)
Hedge Funds Lose After Under Armour Drops 6.13%
Under Armour, Inc. (UA) slid 6.13% today as the S&P 500 dropped 1.7% due to the European debt crisis and the ECB’s deferred action.
Seth Klarman’s Baupost Group Initiated New Passive Stake In Targacept Inc. (TRGT)
Seth Klarman’s Baupost Group disclosed on December 9th that the firm has initiated a 5.65 million shares brand new position in Targacept Inc.
Edward Lampert’s ESL Investments Reported 23.9% Activist Stake In $AZO
Edward Lampert’s ESL Investments filed 23.9% activist stake in Autozone Inc. (AZO) today. Now ESL Investments has 9.41 million shares in its position.
Stadium Capital Management Bought More Shares In Ambassadors Group
Stadium Capital Management recently reported its passive stake in Ambassadors Group Inc. (EPAX).
Raging Capital Boosted Its Stake In $VTSS
Raging Capital filed on December 9th to reveal its 12.7% passive stake in Vitesse Semiconductor Corp (VTSS).
Peter Kolchinsky’s RA Capital Management Reported Stakes In $DYAX, $POZN, And $SQNM
Peter Kolchinsky’s RA Capital Management reported its passive stake in Dyax Corp (DYAX), Pozen Inc. /NC (POZN), and Sequenom Inc. (SQNM) on December 9th. (more…)
Don Hanna: ECB Should Cap The Yield And Create Greater Confidence
Don Hanna, who manages the New York-based Fortress Investment Group, talks about his opinion on the European debt crisis and the ECB’s monetary policy during an interview on...
Falcone’s Future, Paulson And Renaissance Visit Spain, Elliott Sues Vinashin
A day after being told that U.S.
Leviticus Partners Decreased Its Position in Westinghouse Solar
Leviticus Partners reported 4.1% passive stake in Westinghouse Solar, Inc. (WEST), according to a SEC 13G filing on December 6th.
Hedge Funds Make Big After $PLL Rises 8%
Pall Corporation (PLL) rose nearly 8% in trading on Friday after the company reported increases in revenue and adjusted earnings, which beat analyst expectations.
Insider Trading: Geoffrey Raynor’s Q Investments Sold 532 Thousand Shares in $FUN
Geoffrey Raynor’s Q Investments recently made several insider sales and sold totally 532 thousand shares (units of interest) in Cedar Fair L P (FUN).
Goldman Sachs’ New Hedge Fund, Harbinger Suspend Withdrawals, Europe Fire Sale
Goldman Sachs will invest up to $200 million in a new hedge fund planned by a former Barclays Capital commodities trader.
Hedge Funds Earn After Solar Winds Surges 5.92%
SolarWinds, Inc. (SWI) surges 5.92% in trading on Friday. The stock recently shows strong uptrend and has increased by nearly 50% since the end of September.
Warren Buffett Doesn’t Want His Son To Carry On The Company
Warren Buffett wants his son Howard Buffett to serve as a guardian of the company’s tradition rather than being an executive chairman.
Eric Sprott’s Sprott Asset Management Cut Its Stake in Rochester Resources
Eric Sprott’s Sprott Asset Management disclosed its 2.6% passive stake in Rochester Resources Ltd. (RCTFF) today.
Clint Coghill’s Coghill Capital Management Reported 9.98% Passive Stake in $GMO
Clint Coghill’s Coghill Capital Management filed SEC 13G earlier today and revealed 9,065,360 shares in General Moly, Inc. (GMO), corresponding to a 9.98% passive stake.
Fairfax Financial Holdings Restated Its Lock-up Agreement with AbitibiBowater
Fairfax Financial Holdings filed 13D in AbitibiBowater Inc.(ABH) on December 6th.
Philip Falcone’s Harbinger Capital May Be Sued By SEC
Philip Falcone’s Harbinger Capital Partners received a notification from SEC that it may be sued for its intent to halt investor withdraws for the end of year. (more…)
Nantahala Capital Disclosed 11.51% Activist Stake in $VSNT
Wilmot B. Harkey and Daniel J. Mack’s Nantahala Capital filed SEC 13D on December 6th and revealed 11.51% activist stake in Versant Corp (VSNT).
Jim Chanos: China Is Going To Have Real Problems In Real Estate
Chanos explained that just like the Europe and the U.S., it’s not that easy to control the complex 1.3 billion people economy.
Carl Icahn Will Support A Merger Between Oshkosh and Navistar
Carl Icahn stated on December 6, 2011 during a telephone interview on CNBC, in response to a question that he owns stakes in both Oshkosh Corp (OSK), and Navistar International...
Tom Sandell’s Sandell Asset Management Bought $MSSR
Tom Sandell’s Sandell Asset Management reported its 5.2% passive stake in Mccormick & Schmicks Seafood Restaurants Inc. (MSSR) on December 7th.
Faber’s Outlook On The Market
Marc Faber, the famous Investor and the writer of “The Gloom Boom & Doom Report”, shared his outlook for equities and his investment strategy on Bloomberg. (more…)
Soros May Gain From MF, Polar Capital Gains, Steven Cohen’s Bid
Legendary Investor George Soros's family fund bought about $2 billion of European bonds formerly owned by MF Global Holdings Ltd., the very debt that helped force the securities...
Bill Ackman’s Pershing Square Bought More $ALEX
Bill Ackman’s Pershing Square recently reported its 8.5% activist stake in Alexander & Baldwin, Inc. (ALEX).
Hedge Funds Liquidations Up, Taylor Losses, Highbridge Makes Arjun Asia Head
Hurt by the market volatility triggered by the European sovereign debt crisis, hedge funds went out of business at the fastest pace in more than a year in the third quarter, according...
Marc Lasry: This Is The Right Time To Invest In Europe
Marc Lasry, CEO and cofounder of Avenue Capital Group, spoke on CNBC about his suggestions in investing in European market.
Mark D. Lerner’s Chesapeake Partners Management Bought More $CLWR
Mark D. Lerner’s Chesapeake Partners Management filed on December 6th that firm has boosted its passive stake in Clearwire Corp/DE (CLWR) to 5.4%.
Chuck Royce’s Royce & Associates Bought More $LXU And $SCVL
Chuck Royce’s Royce & Associates filed on December 6th that the firm has increased its position in LSB Industries Inc. (LXU), and Shoe Carnival Inc. (SCVL).
Peter Schiff: ECB Should Not Print More Money
“The ECB should do nothing, that’s exactly what the Fed should have done.” said Peter Schiff, the CEO of Euro Pacific Capital, in an interview on CNBC before the ECB is ...
NSB Advisors Reported 30% Stake In $GLPW And 74.4% Stake In $PMFG
Baltimore-based Financial Consultant firm NSB Advisors disclosed its passive stake changes in Global Power Equipment Group Inc. (GLPW) and PMFG, Inc. (PMFG).
Snow Capital Management Cut Its Stake in Barnes Group
Snow Capital Management disclosed on December 6th for its 4.8% passive stake in Barnes Group Inc. (B).
HealthCor Management Boosted Its Stake In Corvel Corp
Arthur B Cohen And Joseph Healey’s HealthCor Management filed SEC 13G on December 7th that the firm has increased its stake in Corvel Corp (CRVL).
ECB Cuts Rate; Costco Posted Estimates; Lucas Rips MF
The European Central Bank has cut its key interest rate by a quarter percentage point to 1 percent, a modest step to help revive the eurozone economy as it slides toward recession...
Berkshire Invests in Solar Bet; Krishnan Joins Ghani; Hedge Fund dropped in November
Warren Buffett's MidAmerican Energy Holdings utility agreed to buy the $2 billion Topaz project in southern California, branching into solar power after the industry was battered...
Iroquois Capital Management Obtained 1% Stake in $EEE via Warrants
Iroquois Capital Management disclosed on December 5th its 1% passive stake in Evergreen Energy Inc. (EEE).
Mount Kellett Capital Strives to Join the Board of Baja Mining Corp
Mount Kellett Capital filed SEC 13D on December 5th for its 19.9% activist stake in Baja Mining Corp (BAJ.TO).
Mark Rachesky – MHR Fund Management Reported 29.97% Stake in $LEAP
Mark Rachesky’s MHR Fund Management filed on December 2nd for its 29.97% activist stake in Leap Wireless International Inc. (LEAP).
John Paulson Gains Big in Delphi Automotive
John Paulson’s Paulson & Co filed on December 2nd for its 51.74 million shares ownership in Delphi Automotive (DLPH), corresponding to a 15.8% passive stake.
Insider Trading: Rob Citrone – Discovery Capital Keeps Buying $PANL
Rob Citrone’s Discovery Capital revealed in a SEC filing on December 2nd that the firm bought 100 thousand shares in Universal Display Corp \PA\ (PANL). Discovery Capital ...
Fir Tree Inc. Reported 13.2% Activist Stake in Chinacast Education
Fir Tree Inc. reported 13.2% activist stake in Chinacast Education Corp (CAST) on December 2nd.
Phill Gross And Robert Atchinson’s Adage Capital Raised Stake in $CSL
Phill Gross and Robert Atchinson’s Adage Capital reported 5.01% passive stake in Carlisle Companies Inc. (CSL) on December 1st.
Kelly Cardwell – Central Square Management Boosted Stake in $PLNR
Kelly Cardwell’s Central Square Management reported on November 31st that the firm has 5.07% passive stake in Planar Systems Inc. (PLNR).
Sorin Capital Filed 5.53% Passive Stake in $MPG
Sorin Capital disclosed 538,162 shares, or 5.53% passive stake in MPG Office Trust, Inc. (MPG) on December 2nd.
Shah Capital Increased Its Stake in Yucheng Technologies
Shah Capital reported on December 2nd that the firm now has 2.20 million shares in Yucheng Technologies Ltd (YTEC), corresponding to a 12.01% passive stake.
North Run Capital Raised Its Stake in $CSGS
North Run Capital boosted its passive stake in CSG Systems International Inc. (CSGS) to 5.1%, according to a SEC 13G filing on December 2nd.
Insider Trading: Bandera Partners Raised Stake in EPAX
Bandera Partners reported its stake expansion in Ambassadors Group Inc. (EPAX) on December 1st. Bandera Partners is EPAX’s stakeholder and insider.
Insider Trading: Rob Citrone’s Discovery Capital Bought 100 Thousand Shares in $PANL
Rob Citrone’s Discovery Capital revealed its recent insider purchases in Universal Display Corp \PA\ (PANL) on November 30st.
