Its not what you know.. Its what the market believes that matters

  “Love is like socks – you got to have two and they have to match.” This morning: It’s not what you know about value – it’s what the market believes that matters when it comes to price. Will Call My Agent win the streaming wars? And will widespread adoption fuel a...

Technically Speaking: The Bull Market Is On Shaky Ground

  Last week’s sell-off left the “bull market” on shaky ground. The big question for investors at the moment is whether the 11-year old bull market is ending or is this just a “pause that refreshes?”  While the optimistic “hope” is that this is just a pause within a...

The Best Way To Rob A Bank Is To Own A Bank

  I think that the collapse over the past week of Greensill Capital has a lot of systemic risk embedded within it, particularly as the fraudulent deals between Greensill and its major sponsors – Softbank and Credit Suisse – come to light. And that’s not even...
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