Tuesday, June 13, 2023

How A Young Buffett Learnt Diversification Doesn’t Pay



How A Young Buffett Learnt Diversification Doesn't Pay
If you read through the early letters of Warren Buffett's partnerships, it becomes quickly apparent the young investor wanted to get rich and wanted to do so quickly. When he was buying securities for the partnerships, he never did anything by halves. If he found an excellent opportunity, he would move quickly and with conviction […]
Mohnish Pabrai On The Power Of Saying 'No'
Mohnish PabraiSaying "no" to both stocks and invitations is one of the most important lessons investors should learn according to Mohnish Pabrai. Pabrai made this statement as part of a webcast Q&A session with students at the London Business School in mid-June. Answering a student who asked him how he structured his day, Pabrai responded by […]
Trident Fund LP May 2023 Performance Update
Trident Fund LP performance update for the month ended May 31, 2023. Q1 2023 hedge fund letters, conferences and more The Trident Fund LP GM, GME, and GME4 share classes returned +0.4, +0.5, and +0.9 percent, respectively, in May, and the fund is -3.4, -5.5, and -16.0 percent net for 2023. Please click here for the 
146 Pounds of Graphite Needed for Each EV

Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.

See who could benefit from skyrocketing graphite demand
Roubaix Fund Composite May 2023 Performance Update
During May, the Roubaix Composite generated a net return of +2.48% relative to losses of -0.92% for the Russell 2000 Total Return Index and -0.03% for the HFRI Equity Hedge (Total) Index. On a year-to-date basis, the Roubaix Composite generated a net return of +10.31% relative to a total return of -0.04% for the Russell […]
Odey Asset Management Responds To Sexual Harassment Allegations Against Crispin Odey
Crispin OdeyThe hedge fund industry was rocked this week by shocking allegations lodged against Crispin Odey, initially reported by the Financial Times. Odey Asset Management is now under investigation after 13 women accused Odey of sexual assault, harassment and creating a toxic work environment. Odey Responds To Allegations Odey Asset Management has now issued a letter […]
Black Bear Value Fund May 2023 Update
black bearBlack Bear Value Fund update for the month ended May 31, 2023. Q1 2023 hedge fund letters, conferences and more Dear Partners and Friends, Black Bear Value Fund returned +4.4%, net, in May and is +9.2%, net, YTD. The HFRI Value Index returned -0.8% in May and is +2.2% YTD. The S&P 500 returned +0.4% […]

Is the Opposition to Market Timing Just a Marketing Gimmick?
Price discipline is the magic that makes all markets work. Buyers want low prices and sellers want high prices. Because buyers exercise price discipline when making purchases, sellers who demand…
Highly Anticipated Chancer Crypto Presale Officially Launches Today
London, United Kingdom, June 13th, 2023, ChainwireChancer, one of the most exciting new Web3 projects of 2023 has officially launched its crypto presale today, 13th June. The project aims to…
FuelCell Is Back To Realistic Valuation
Key Points FuelCell issued a mixed report with widening losses that sent the shares higher.  The company's large-scale projects are about to come online, and interest is building for carbon…
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition
Key Points Cactus's acquisition of Flexsteel is progressing better-than-expected. The company raised guidance and authorized a substantial share repurchase program. Analysts and institutions put a bottom in the stock and…
Tax Software Specialist Vertex In Buy Zone After Base Breakout
Key Points Vertex is currently in the buy range after clearing a seven-week consolidation on June 7. Trading volume was more than double the average as the stock cleared resistance…
Techtronic Denies Short-Seller Jehoshaphat's Fraud Allegations in Home Depot Business
A second missive claiming 'blemished' channel misdoings are having little impact on Hong Kong-traded shares Short-seller Jehoshaphat Research (JR) has accused Techtronic Industries (HKG:0669) of defrauding its largest customer and…
8 Reasons You Won't Achieve Financial Independence Before 70
The concept of financial independence isn't a far-fetched dream! Cultivating financial discipline right from your twenties or even thirties can put you on track with the FIRE (Financial Independence Retire…
Gerald Ford's Pardon Of Nixon And The Trump Indictment
Gerald Ford's Pardon of Nixon and the Trump Indictment; A Similar Example to be Followed, or a Very Different Situation Donald Trump's Federal Indictment WASHINGTON, D.C. (June 10, 2023) - An…
The Professions That Are Least Likely To Be Replaced By AI
While artificial intelligence (AI) continues to advance and become more commonplace, certain professions remain less susceptible to automation than others. Small business advice company Venture Smarter have compiled a list…
Investigations Of Zuckerberg Choke Could Help Subway Samaritan
Investigations of Zuckerberg Choke Could Help Subway Samaritan; Both Show That Choke Holds Are Not "Deadly Force" and Thus Legal Choke Holds Are Common In Jiu-jitsu WASHINGTON, D.C. (June 12,…
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