Typical business cycle- let the bull run!

Do you believe in the word typical when it comes to the economy and stock market?  If so you might find this chart interesting.  Where do you think we are in the cycle?  I would have to say we are in…


As ISIS advances on Baghdad, Iraq parliament bumps up its next meeting | News | DW.DE | 08.07.2014

A very knowledgeable contact of mine best described as a military atache' with deep mideast connections,knowledge, and experience says things in Iraq and region are far worse than the public knows.…


Stocks go up, continued.. our best month YTD

I'm not complaining, really.  June was the Fund's best month of the year.  I'd prefer a bull market to a bear and there is not doubt we are in the mother of the all time greatest bull market.  Just…


Stocks go up, it's a wonderful thing, stocks do not go down, it's a very bad thing

There is something very unsettling about this market.  Perhaps there is no better example than the news of  Twitter appointing a new CFO today. Twitter is up over 4% at the time of writing on their…


Short selling is the best insurance

Last year Charlie Munger took much pleasure at castigating Doug Kass as the selected short seller of Berkshire stock.  The utter disdain Munger and probably Buffett had for short sellers was best…


Window dressing

Window dressing is a strategy used by mutual fund and portfolio managers near the year or quarter end to improve the appearance of the portfolio/fund performance before presenting it to clients or…


GoPro IPO and Google's Nest & Dropcam Deal Leave Ambarella Sitting Pretty

GoPro IPO and Google's Nest & Dropcam Deal Leave Ambarella Sitting Pretty By Rick Munarriz   Ambarella (NASDAQ: AMBA ) seems to be hanging around the cool kids these days. Its two biggest…


Candid Winmark Leader John Morgan Has No Filter

Candid Winmark Leader John Morgan Has No Filter by John Mowers We picked up a sizable position in the last two days in a very unglamorous business with quite compelling financials.  I thought this…


8 Business Development Dogs Beget 10% To 19% June Upsides | Seeking Alpha

We have recently purchased several of these dogs as insiders have been barking loudly about the opportunity.  Seriously this is one of the few areas in the market where insiders are buying.  Names we…


Fed Challenge

We are long TIPS, short TLT.  This is a trade that will need leverage to work well but it isn't very volatile.  Iraq meltdown is a wildcard though and we have a light position on now. Another firm…