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During the Fourth Quarter, Third Point returned +16.1% in the flagship Offshore Fund and +21.4% in the Ultra Fund. For 2020, the funds returned +20.5% and +24.9% for Offshore and Ultra, respectively. Assets under management at December 31, 2020 were approximately $15.5 billion, including $750 million in the Third Point Structured Credit Opportunities Fund.1 Looking […]

The post Dan Loeb Q4 2020 Letter: Reddit Bubble No Different Than Tulip Mania appeared first on ValueWalk.

Technically, the Dow and S&P 500 snapped their 7-day winning streak. Q4 2020 hedge fund letters, conferences and more Technically. A Down Day For The Dow And S&P 500 I hardly consider a decline of 0.03% and 0.11% for the Dow and S&P, respectively, a down day. Meanwhile, the Nasdaq and Russell saw a record […]

The post That Wasn’t Much Of A Down Day… appeared first on ValueWalk.

Stock exchanges are one of the most important parts of our financial world. The strength of a country’s stock exchange is seen as a crucial indicator of the health of an economy. By strength here, we mean the performance, as well as the size of the stock exchange. This means, if a country’s stock market […]

The post These Are The 10 Largest Stock Exchanges In The World appeared first on ValueWalk.

McIntyre Partnerships commentary for the fourth quarter ended December 2020, discussing discussing their new positions in Marcus Corp (NYSE:MCS) and Corporacion America Airports SA (NYSE:CAAP). Q4 2020 hedge fund letters, conferences and more McIntyre Partnerships Performance Review – FY 2020 Through YE 2020, McIntyre Partnerships returned approx. 22% gross and 20% net. This compares to […]

The post McIntyre Partnerships 4Q20 Commentary: CAAP, MCS appeared first on ValueWalk.

A sharp rebound in stock prices last week lifted the market index back to all-time highs. The Broad Market Index was down 3.31% last week and 38% of stocks out-performed the index. This frothy and speculative market is vulnerable to a more sustained decline such as we have not seen since the financial crisis 2007 […]

The post Facebook Sales Rebound As Margins Continue To Slide appeared first on ValueWalk.

Moving On From Precious Metals In our last post (Precious Metals: Time To Move On), we explained why our system had moved on from precious metals names. In a nutshell, their recent returns had been too weak, causing them to fail one of our preliminary screens. We illustrated this with the iShares Silver Trust (SLV), […]

The post Silver: The Family Circus Of Investments appeared first on ValueWalk.

Tesla drove another bitcoin rally by purchasing some of the cryptocurrency. The bitcoin rally has slowed now since Tesla’s purchase, although the price remains above $40,000. Tesla CEO Elon Musk appears to have gotten the idea to buy bitcoin from MicroStrategy Chairman and CEO Michael Saylor. Q4 2020 hedge fund letters, conferences and more Tesla […]

The post Bitcoin rally triggered by Tesla slows, but MicroStrategy still rising appeared first on ValueWalk.

Bryan Legend’s FinTech company, Clever DeFi, is expected to transform the cryptocurrency industry with the introduction of the first ever decentralized finance cryptocurrency coined Clever Token (CLVA).  The cryptocurrency industry has earned itself a rather scandalous reputation as founders and creators of cryptocurrency schemes display a recurring habit of scamming their investors. Apart from Bitcoin, […]

The post How Bryan Legend Masterminded CLVA To Disrupt The Cryptocurrency Industry appeared first on ValueWalk.