Long time Outside of the Box readers are familiar with John Hussman of the eponymous Hussman Funds. And once again he is my selection for this week's OTB. This week he touches on several topics, all of which I find interesting. As he notes: "We face two possible states of the world. One is a...
My long time readers are familiar with Jeremy Grantham of GMO as I quote him a lot. He is one of the more brilliant and talented value managers (and I should mention very successful on behalf of his clients). He writes a quarterly letter which I regard as a must read. I have excerpted parts of his recent...
I am in Argentina today, but still have found time to read a rather provocative speech by David Einhorn, who is President of Greenlight Capital , a "long-short value-oriented hedge fund", which he began in 1996. Einhorn has long been a critic of the current investment banking business, and...