The Oracle of Boston

The-Oracle-of-Boston Seth-Klarman-on-the-Painful-Decision-to-Hold-Cash Baupost 2Q 2017 Letter Over the Newswire this morning, we hear from the East Coast Oracle of Boston, Mr. Keth Klarman, of the Baupost Group. As he see’s markets today, individuals are asking the wrong question regarding markets perched at such lofty heights. Investors are asking “Why sell?” when they should be asking “How … [Read more…]

Prepare For The Weirdness

(Note): The Global state of affairs in 2017 is no different than seventeen years post-Dr. Thompson’s standing column for ESPN entailed ‘Hey Rube’. In his mid-October missive, Dr. Thompson speaks on the traditional undercurrents that begin to emerge this time of year. In Finance we consider these times of change as an ‘Inflection point’, in other words, … [Read more…]

Fear & Loathing in America

By Hunter S. Thompson Page 2 columnist It was just after dawn in Woody Creek, Colo., when the first plane hit the World Trade Center in New York City on Tuesday morning, and as usual I was writing about sports. But not for long. Football suddenly seemed irrelevant, compared to the scenes of destruction and … [Read more…]