Great presentation by Mohnish Pabrai, one of my favorite investors and author of the Dhando Investor (see my review here). I’m not sure I agree with Pabrai that Google (GOOG) is future proof, but then, I’ve consistently underestimated Google over the years…at my loss. At any rate, if you haven’t read the Dhando Investor, I recommend...Read More

Investing like a billionaire is about to get a whole lot easier.  On August 1, the  Direxion iBillionaire Index ETF (IBLN) will begin trading. The ETF — based on iBillionaire’s proprietary index — will run a portfolio of 30 of the large-cap S&P 500 stocks most favored by billionaire investors based on their most recent...Read More

For the haters out there I am now profitable on my TSLA short. $TSLA — Douglas Kass (@DougKass) February 20, 2014   Hedge fund manager Doug Kass came out guns blazing on Thursday morning, announcing that his Tesla Motors (TSLA) short was profitable despite the huge jump in Tesla’s stock price after hours the night...Read More

It’s that time of year again. Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) just released its latest 13F filing, which outlines its buys and sells over the past quarter. While this data is always a little bit dated by the time it is released (Berkshire’s reporting date is Sept. 30) and it does not take into...Read More

“We’re not in bear market territory, and we’re not really in a broad-based correction. But investors seem to be struggling to find that next great investment theme.” I wrote those words this past June, when we were in the midst of the “taper tantrum.”  My, how little things change in five months. Now in mid-November...Read More