Jim Simons, the founder of Renaissance Technologies, is remembered for his pioneering work in quantitative investing, earning him the nickname “Quant King”. He is also recognized for his philanthropic efforts, particularly in education and mathematics, having founded a large foundation and supported other organizations, including a program to teach mathematics in grade schools and autism […]

“How Private Equity Consumed America,” describes how private equity firms’ financial incentives, such as leveraged buyouts and performance fees, can lead to brutal business practices. The video uses Apollo Global’s acquisition of Yahoo as as an example and explains the ownership structure of J.W. Childs Associates.

Buffett clarified that this does not reflect a change in view towards Apple’s business or investment attractiveness. Berkshire considers various factors, including tax implications and manager responsibility, when deciding on stock investments. Buffett emphasized that they do not attempt to predict markets or pick stocks based on trends but view them as businesses to serve […]

https://www.truthinaccounting.org/news/detail/financial-state-of-the-cities-2024

Ken Griffin, the CEO of Citadel, discusses his history, market research, and the current state of the US economy with Norges Bank Investment Management. He expresses concern over the economy being near full employment with inflation around 3%, while the government continues to engage in massive spending. Griffin argues that this spending binge leaves the […]

“Why JPMorgan CEO Jamie Dimon Is Skeptical of an Economic Soft Landing | WSJ” YouTube video interview, Dimon expresses his concerns about the economic outlook, citing potential inflation, higher interest rates, and geopolitical tensions as significant threats. He is cautious about a soft landing and shares his thoughts on the infrastructure bill and Jerome Powell’s […]

QuiverQuant created a dashboard that updates net worth in real time. Click the link below to find out if your reps are making or losing money today. https://www.quiverquant.com/congress-live-net-worth/

Disappointed to see immediate.trade and immediate.guru aren’t listed (yet) https://archive.ph/sPbK6#selection-2142.0-2148.0

Howard Marks is praised for his ability to make complex ideas simple and clear in his writing. Marks, who believes in the role of luck in his success as an investor, shares his approach to sharing his investing secrets through clear memos. He emphasizes the importance of clarity and simplicity in communication, using common language, connection with […]