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Wednesday, June 16, 2010

Passport Capital Q1 2010 Letter

Below is Passport Capital's Q1 2010 letter. John Burbank is always worth a read (just look at that CAGR since inception!). They do a good job of giving readers insight into how one of the most successful recent macro funds operate. Enjoy:

Passport Capital Q1 2010 Letter

Monday, June 7, 2010

Update of RAFI

For those of you still following the story, RAFI filed some additional documents with the SEC per their comments. Its a fairness opinion and it suggests a fair value of slightly north of $6. Hopefully this will be the last of the comments and we can move forward with the distribution. The presentation does do a good job of explaining what the company does. Enjoy:

Pershing Square's Presentation at Ira Sohn - GGP

Pershing Square_GGP Part II_5!26!10