Business

Cosmetics company Revlon’s fate is in Carl Icahn’s hands as it potentially faces bankruptcy if it is unable to restructure its debt. Revlon is pressuring bondholders to tender claims for a third of their face value, according to a press release from the company. Icahn, who owns a significant portion of the makeup company’s debt […]

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Let’s start with a disclaimer here. I’m not a professional pollster. With few exceptions, most of the professional pollsters are on the opposite side of this trade. I’m a contrarian and that means I am bound to get a few of these wrong. Q3 2020 hedge fund letters, conferences and more With that disclaimer out […]

The post My Trump Trades… appeared first on ValueWalk.

Many events are affecting the market right now, and it’s not always clear how one should be positioned to take advantage of potential opportunities. In a rare appearance at the Invest for Kids conference late last week, Jon Pollock of Elliott Management spoke with David Richter of GCM Grosvenor about a variety of topics, including […]

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Shares of Pinterest Inc (NYSE:PINS) soared 27% last week after the company reported third-quarter earnings that crushed analyst expectations. Q3 2020 hedge fund letters, conferences and more And I see PINS heading higher in the coming months. In fact, Pinterest Inc has “monster stock” potential. You see, Pinterest is a different kind of social media company. […]

The post Why Pinterest Inc Has “Monster Stock” Potential appeared first on ValueWalk.

While our team was watching the brilliant movie, Wolf Of the Wall Street, our drug supplier came up with an excellent idea. The idea was to find a loop hole in the SEC’s rule book so that we can be in the exclusive 1% of the United States – the rich (smart) guys – through […]

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One of the most relevant questions of the new millennium is whether our nation can survive President Donald Trump. I’d like to suggest an even broader question: Can our planet survive this president? Q3 2020 hedge fund letters, conferences and more Will Our Nation Survive If Trump Wins The Election If Mr. Trump manages to […]

The post He Will Kill Us All appeared first on ValueWalk.

Pandemic fatigue is hitting so hard that more than half of us would be willing to spend $260 for a two- to three-hour flight to nowhere. But in lieu of most of our home airports offering one, we’re starting to take off for real again. Q3 2020 hedge fund letters, conferences and more In the US, there […]

The post This Could Be Key to Unlocking the Borders Again appeared first on ValueWalk.

The gold spot price today continues to slump below $1900, but this low price might not last. The US GDP expanded 33% in the third quarter, but it’s still currently 3.5% below where it was in 2019. CNBC pins this as a victory, even though this is the second-largest three-quarter drop on record. In addition […]

The post Low Gold Spot Price Today Might Not Last, Why? appeared first on ValueWalk.