Portfolio Management

499 Posts

Warren Buffett: Activist Investor?

Warren Buffett: Activist Investor?

Much like today’s most notorious activist investors, Warren Buffett made a name for himself by identifying market inefficiencies that could be exploited for the benefit of his investors and public shareholders. But unlike the corporate raiders of the 1980s, Buffett wasn’t out to tear companies down. In fact, he wanted to help build them up.
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Weekend Reads for Investors: Volatility and the “Yellen Put”

Investors: Volatility and the "Yellen Put"

Up until last week’s wild ride for stocks, volatility had been largely absent from the market, but the cumulative effect of ongoing geopolitical chaos, spreading Ebola anxiety, and uninspiring economic data, combined with the rumored unwinding of some leveraged positions by hedge funds, at least temporarily jolted global equity markets. Complacency was quickly replaced with panic and we got a reminder of what happens when everyone heads for the exit at the same time. Read more

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Is Venture Capital a Giffen Good?

Robert Giffen

When investment is about capital alone, entrepreneurs have better alternatives today in the form of choosing nimble business models or crowdfunding. Conventional, money-only venture capital could indeed be considered a Giffen good. However, by contributing intellectual firepower and entrepreneurial networks, venture capitalists can accelerate the growth of start-ups better than capital alone. Read more

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