Article 1 of the US Constitution tells us that Congress shall have the power “to regulate Commerce with foreign Nations, and among the several States.” Regulation around the world, whose purpose is “to make regular,” as in repeatable, predictable, and understandable is a source of repeatable, predictable, and understandable noise to the investment process and is an underexplored source of investment opportunities
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The “Unsinkable Molly Brown” was an American socialite and philanthropist who amassed a fortune as a woman at the turn of the 20th Century, when women did not even have the right to vote. Nothing could stop her. She was even a passenger on the Titanic when it sank, yet even that could not sink her, and she survived. If she were a market, she would be the stock market of today
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Although it is seemingly impossible to predict when fear and greed will propel markets to irrational levels, the corrections that inevitably follow are themselves predictably rational. Thus, rather than trying to predict when irrational bubbles will form, it makes much more sense to assess when they’ve already formed, and then seek to profit from the pending correction
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WeWork’s parent company, The We Company filed its Form S-1 on 8/14th in preparation for its highly anticipated IPO, which could take place as early as next month. There are so many red flags surrounding this company (beginning with the dumbest name ever) that I scarcely know where to start. How about with the financials
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This article highlights some of the less talked about issues and considerations, provides some guidance, and should spark new thoughts on how an investor should approach investing in private equity-type funds
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