Silver as an investment

Category Archives: Equity securities

Busted Billion-Dollar-Baby Fraud Finds Another Greater Fool – Softbank Lends Theranos $100 Million!

Japan’s Softbank Group is coming to the rescue of yet another embattled Silicon Valley “unicorn”. The Wall Street Journal reported Saturday that Fortress Capital, the publicly traded private-equity firm that agreed to sell itself to the Japanese conglomerate earlier this year, has extended a $100 million loan to Theranos, which is still facing multiple lawsuits […]

Ralph Nader: How CEO Stock Buybacks Parasitize The Economy

Authored by Ralph Nader via Evonomics.com, The monster of economic waste – over $7 trillion of dictated stock buybacks since 2003 by the self-enriching CEOs of large corporations – started with a little noticed change in 1982 by the Securities and Exchange Commission (SEC) under President Ronald Reagan. That was when SEC Chairman John Shad, […]

Gartman Stakes His Reputation That “The Bull Market Has Come To An End”

If the algos were waiting for just one catalyst to unleash the buy everything, sell VIX program, they may have gotten it moments ago when, following a global rout across markets on yet another day of North Korean nuclear war concerns, Dennis Gartman, staking his “reputation” said that he is “fearful… very… that this wondrous […]

Weekend Reading – Are Stocks Really The Great “Wealth” Equalizer?

Authored by Lance Roberts via RealInvestmentAdvice.com, Just recently, the New York Post a very interesting article entitled “Millennials should start taking stocks seriously.” While I am sure the author is well-intentioned, it is a very misguided article in its assumptions. The author jumps right in with both feet: “Many millennials are missing the chance to accumulate significant assets.” […]

‘Hotel California’: The VC Market’s Investment-To-Exit Ratio Is A Record High… Is This Why?

While Silicon Valley's technorati may be "living it up," new data from Pitchbok suggests the Venture Capital world is stuck in 'Hotel California' and "can never leave." As Pitchbook.com's Katie Clark reports, opting to raise more funds rather than prioritizing an exit seems to be an increasingly popular route for startups. According to data from […]

Dan Loeb: “None Of Our Early Predictions Have Come To Pass”

Below are some key highlights from Third Point’s latest Q2 letter, in which we find that Dan Loeb, despite some early market turbulence and thesis drift, has again managed to do what 95% of his peers have been unable to do, outperforming the S&P YTD and returning 10.7% through June 30, up 4.6% in the […]

Warren Buffett Becomes Bank Of America’s Top Shareholder, Books $12 Billion Profit

As we previewed exactly 24 hours ago, Buffett’s Berkshire Hathaway said it will exercise warrants to swap its preferred Bank of America shares for 700 million shares of BAC common stock, making Buffett the largest shareholder, surpassing BlackRock, Vanguard and State Street . Buffett is also the top shareholder at Wells Fargo. Buffett exercised his […]

Warren Buffett May Soon Be The Largest Shareholder In A 2nd US Megabank

Remember when Warren Buffett anecdotally "took a bath" when he decided to effectively rescue Bank of America with a $5 bilion equity injection in 2011? He may be due for another bath any minute. Warren Buffett, already the largest shareholder in recently disgraced Wells Fargo, could soon become the largest shareholder in another US megabank […]

BofA: The “QE Monster” Only Ends When “The Wall Street Bubble” Finally Shocks The Fed

Below we excerpt some of the latest observations from BofA’s Michael Hartnett, who nearly a year ago first penned the “Icarus trade” concept – i.e., the final push in the US stock market to its all time highs –  and who has been expecting a “blow off top” to stocks, before it all comes crashing […]

An Absurd Unintended Consequence Of Abnormally Low Rates

By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity. While we […]