Berkshire Hathaway’s cash position is back up to $40 billion. The media’s take is that he has so much cash that he doesn’t know what to do with it. I think he knows exactly what to do with it – nothing. I’ve been following Buffett for fifteen years and have read almost everything notable he’s…

 “If you spend more than 13 minutes analyzing economic and market forecasts, you’ve wasted 10 minutes.” – Peter Lynch, greatest stock market investor of all time Up until 2008, it was a given that economists had no business anywhere near the trading desk. Their work was important as a framework toward understanding the interplay between the markets…

Go out on the street and try to find five people who give a shit about whether or not JPMorgan settles with the government this week or next. Try and find someone who’s got a 401(k) full of stock mutual funds who needs an SAC admission of guilt in order to “have their confidence restored.”…

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This is a not-so-great development… From my perch at the crossroads I’ve been watching the formation of several tribes materializing around some of the highest-flying cult stocks, predominantly within the tech sector. There is a Tesla Tribe and a Google Tribe and an Amazon Tribe and a Facebook Tribe and a Netflix Tribe and probably…

What is astonishing about Starbucks and its global takeover to me is the fact that it keeps going – over 15% growth in the amount of stores (19,209 in more than 60 countries) over the last three years. When, if ever, does the chain reach saturation point? More importantly, can Dunkin Brands pull off a similar…

Investors are so over the whole gold thing now that five years of money printing have failed to produce inflation and the global economy has proved itself quite resilient amidst one political crisis after another. Even central banks – including many in economically backwards, superstitious countries – are so over it. Here’s the Wall Street…

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…