The spell is wearing off

The Institutional Investors Roundtable held a summit recently with high-cost, low-return investments as one of the primary topics of conversation.  The spell seems to be wearing off, everywhere you look there’s a realization happening, a rationalization. In the fable The Emperor’s New Clothes, it takes the guileless innocence of a child to yell out what…

Ack on the Attack

The piling on re: Bill Ackman – I would bet – has now reached its pinnacle. If he was a stock, and I a deep value investor, I’d be buying him in size here. Okay, maybe I’d be buying calls instead of common, but still – the beleaguered Ackman is probably a bargain here. It’s…

This Week on TRB

Here were the most read posts on TRB this week, in case you missed them: ‘Circle of Friends’ – the Must-Read Financial Book of the Summer BlackRock: Three Reasons for an Equity Dividend Focus Confessions of an Institutional Investor Three Lessons from the Twitter Hedge Fund Ponzi That’s what’s up.