Business

We have already seen President Donald Trump, as well as Senate Majority leader Mitch McConnell talking in favor of another round of stimulus checks this week. Now, on Thursday, Treasury Secretary Steven Mnuchin suggested a second round of coronavirus stimulus checks could be part of the next stimulus package. Q2 2020 hedge fund letters, conferences […]

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Whitney Tilson’s email to investors sharing his friend’s analysis of Tesla Inc (NASDAQ:TSLA). Q2 2020 hedge fund letters, conferences and more A Friend’s Analysis Of Tesla: It’s entirely possible that the cost reductions of the Model Y make it similar to the Model 3, compensating for the additional content such as more metal, including bigger […]

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Introduction I find it very interesting that Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) after going public in 2001, did not generate their first profit until December 2008. As we all know, this was in the throes of what is now known as the Great Recession of 2008. Moreover, Alexion’s adjusted operating earnings have grown from $0.20 per […]

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Many are talking about gold breaking $1,800/oz this week, but the silver price also reached new highs this week in both futures and spot. Futures rose to a high of $19.40/oz this week for September Comex silver. Also, multiple factors contributed to the silver price jump to $19 per ozt. Some of these reasons include […]

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Commenting on the Producer Price Index and today’s trading Gorilla Trades strategist Ken Berman said: Q2 2020 hedge fund letters, conferences and more The major indices are mixed and flat at midday following a bearish overnight session and a pre-market bounce in risk assets. The most lockdown-sensitive issues got a boost thanks to another positive […]

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In a big win for Fannie Mae and Freddie Mac preferred shareholders, the Supreme Court has decided it will hear the Collins case. It’s widely expected that the court will rule the net worth sweep illegal, which would mean preferred shareholders would finally receive the big payday they believe they are due. Q2 2020 hedge […]

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Michael Zimmerman’s Prentice Capital returned 3% in June, taking its year-to-date performance to 18.6% net of fees and expenses, according to the firm’s June investor update, a copy of which ValueWalk has been able to review. Q1 2020 hedge fund letters, conferences and more Prentice Capital Benefits From “15 Million New Robinhood Accounts” Prentice Capital […]

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Massif Capital letter to investors for the second quarter ended June 2020, discussing the rally in the gold prices. Q2 2020 hedge fund letters, conferences and more Dear Friends and Investors, The core portfolio for Massif Capital was up 18.3% during the second quarter of 2020. Year-to-date, as of the end of second quarter, the […]

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