Never give up on people.

Forty years. That’s how long I had managed to go without losing my wallet. It had never happened to me in my entire life. Until two weeks ago. That’s when I arrived in Chicago after a 7 am flight from JFK and realized that my wallet was gone. Not in my pockets, not in my…

Into the teeth of the next bear

Just a little thought experiment – The last time the US stock market (S&P 500) registered a peak-to-trough decline of 20% was in October 2011. We had another bear market beneath the surface from 2014 through the mid-point of 2016, in which the median S&P 500 stock had lost 25% while small caps and international stocks…

Notes from the Sohn Investment Conference, Part II

Okay, the second half of my notes from the 2017 Sohn Investment Conference are below. You can catch Part I right here. As a reminder, if it’s in quotes, it’s verbatim. If not, I am paraphrasing.  Cheers! Jeffrey Gundlach, Chief Executive Officer and Chief Investment Officer, DoubleLine Capital LP Jeff wants to talk about indexing….

My Notes from the Sohn Investment Conference, Part I

Welcome to my notes from the 22nd annual Sohn Investment Conference, live from Lincoln Center on the west side of Manhattan. My coverage picks up at the start of the 2:15pm session. Prior to this, we heard from Keith Meister (Corvex Capital) on how we wants to see the CenturyLink – Level 3 deal progress…