Wednesday, December 26, 2012
Below please find the video of Kyle Bass's presentation at the 2012 AmerCatalyst conference. Please click through the following link to watch the video: Video Link Overall its around an our in length but worth watching. Enjoy!
Monday, December 17, 2012
David Tepper was on CNBC this morning. In his past appearances he has given some great advice that has resulted in significant alpha via overall market calls or his bullish call on Dean Foods nearly two years ago when it was around $10/share versus a recent $16.75/share. On this appearance he reiterated his advice of not fighting the fed and riding the inflation wave. Generally I agree with him on the fact that people are forgetting that in order for inflation to rear its ugly head we first need asset price inflation which we would see in stocks, etc. Given that the Fed is determined on getting the inflation rate back to its 2.5% - 3% historical standard you have a powerful friend fighting to push up stocks in the background. Enjoy.
Thursday, December 13, 2012
On Tuesday Jeff Gundlach and his team at DoubleLine hosted a call giving an update of his view on the market. In the presentation embedded below entitled, "To Catch a Thief" (please note the pun he is making giving his recent brush with thievery). He gives his grim assessment of Japan, US Debt, and the ability of the US Government to deal with the fiscal cliff and debt ceiling. He also touches on how student debt is now larger than outstanding credit card debt and how delinquent student loans continue to rise. Suffice it to say the price of education (especially considering the return) has gotten out of hand. Lots of interesting charts and data. Enjoy. GundlachToCatchATheif
Tuesday, December 4, 2012
Marc Lasry, the founder and leader of Avenue Capital, was on Bloomberg TV today discussing his recent views on the fiscal cliff. Interesting but in my mind a real deal this year is not feasible. I think they meet with a tentative plan but it will likely be punted into 2013.