February 2013

Happy Birthday, Byron

Wall Street living legend Byron Wein recently turned 80 years old and wrote up a list of 12 things he’s learned in his time. Byron’s list-making alacrity needs not be stated for those who’ve been in the game for awhile – his annual Surprises rundown is a tradition known around the world. Of all Byron’s…

Gold Miner Update: Yes, they still suck.

In November of 2011 I came out extremely bearishly on the gold miners, a sector that I believe to be rife with some of the worst publicly traded equities in the entire market. Amazingly, it’s gotten much worse than I thought it could. At the time, David Einhorn was buying the GDX and talking about…

361 Capital Weekly Research Briefing

361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…

Time to Shear the Sheep

Two different friends of mine on the wealth management side of Morgan Stanley forwarded this DealBook link to me overnight. One of them said “Oh boy…” Morgan Stanley wants to see its brokers and advisors (many of them legacy Smith Barney) work more closely with the banking and capital markets side of them firm to…