Performance - Week Ending 12/19/2014

(via waxink.blogspot.com)

Enjoy what you have achieved for all too soon you will have to achieve it again.

Aberdeen Catalyst Now In Full View

(via www.barelkarsan.com)

A few months ago I talked about how Aberdeen International was just begging for an activist investor. That activist appears to have arrived. A special meeting to overthrow the board has been...

What We're Reading ~ Hedge Fund Links 12/19/14

(via www.marketfolly.com)

Year of man versus machine for hedge funds [FT]

Ray Dalio at the Dealbook Conference: it's a good environment, but... [CNBC]

Paul Singer at the Dealbook Conference : the 'unfair' recovery is the Fed's fault [CNBC]

What some hedge fund professionals are betting on in 2015 [FINalternatives]

No...

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NYU Stern Evaluation Investment Newsletter: December 2014 Edition

(via www.marketfolly.com)

The latest issue of NYU Stern's newsletter Evaluation is now available.  It highlights public finance and infrastructure investing.  Additionally, it features student investment pitches including  long Polaris Industries (PII), long RPX Corp (RPXC), long LVMH, short Alliant...

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Howard Marks' Latest Memo: The Lessons of Oil

(via www.marketfolly.com)

Oaktree Capital's chairman Howard Marks is out with his latest memo.  His commentary is considered some of the best out there and even Warren Buffett reads it.  Marks' latest missive is entitled "The Lessons of Oil" and it is embedded below.

You can download a .pdf copy here.

For more...

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Dividend Growth Stocks: 2015 Investing Goals

(via www.dividend-growth-stocks.com)

My goals were originally defined in this December 1, 2007 Investing Goals post and last updated in my 2014 Investing Goals. Like last year, I will exceed my 2014 goal of $30,000 in annualized dividend income. Looking at my long-rang goals, I am on track to reach my 2017 goal of $42,000. The 2027 goal of $110,000 is not as clear. My model now indicates I could surpass it in 2025.

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Investing gap between theory and practice

(via www.oddballstocks.com)

Google the phrase "gap between theory and practice" and you'll end up with dozens of links to scholarly articles attempting to explain why things in practice don't always match an academic theoretical version.  I find it somewhat ironic that academics are attempting to explain why...

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TPG-Axon Capital Reduces SandRidge Energy Stake

(via www.marketfolly.com)

Dinakar Singh's hedge fund firm TPG-Axon Capital has filed a 13G with the SEC regarding their stake in SandRidge Energy (SD).  Per the filing, TPG-Axon now owns 4.1% of the company with over 20.22 million shares.

This means they've reduced their stake by over 19 million shares since the end...

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Balyasny Starts Laredo Petroleum Position, Boosts Penn National Gaming Stake

(via www.marketfolly.com)

Dmitry Balyasny's hedge fund firm Balyasny Asset Management has just filed two separate 13G's with the SEC today. 

Starts Laredo Petroleum Position

First, Balyasny has filed on shares of Laredo Petroleum (LPI).  Per the filing, Balyasny now owns 5.31% of the company with over 7.62...

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Carl Icahn Raises Hertz Global and Navistar Stakes

(via www.marketfolly.com)

Activist investor Carl Icahn has filed two separate amended 13D's with the SEC.

Increases Hertz Global Stake Again

The corporate rabblerouser has continued to buy shares of Hertz Global (HTZ).  Per the SEC filing, he now owns 11.34% of the company with over 51.9 million shares.

He's...

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Greenlight Capital Adds To Cairn Energy Holdings

(via www.marketfolly.com)

David Einhorn's hedge fund Greenlight Capital has added to its stake in London listed Cairn Energy (LON:CNE).  Due to trading on December 12th, Einhorn's fund increased its holding from 4.2% to 6.2% of voting rights. 

Most of the position is via common stock but around 12% is held via a...

Chevron Corporation: Is Now The Right Time To Add To Your Position?

(via seekingalpha.com)

Chevron Corporation is a global integrated oil company (formerly ChevronTexaco) has interests in exploration, production, refining and marketing, and petrochemicals. Linked here is a detailed analysis and commentary...

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Redacted Version of the December 2014 FOMC Statement

(via alephblog.com)

October 2014 December 2014 Comments Information received since the Federal Open Market Committee met in September suggests that economic activity is expanding at a moderate pace. Information received since the Federal Open Market Committee met in October suggests that economic activity is expanding...

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Balyasny Asset Management Increases KBR Position

(via www.marketfolly.com)

Dmitry Balyasny's hedge fund Balyasny Asset Management has filed a 13G with the SEC regarding its position in KBR (KBR).  Per the filing, Balyasny now owns 5.57% of KBR with over 8 million shares.

They've increased their position size by over 6.97 million shares since the end of the second...

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Lee Cooperman Adds To Caesars Entertainment Stake

(via www.marketfolly.com)

Lee Cooperman's hedge fund firm Omega Advisors has just filed a 13G with the SEC regarding their position in Caesars Entertainment (CZR).  Per the filing, Cooperman has revealed a 5.41% ownership stake in CZR with over 7.81 million shares.

He's boosted his stake by 824,967 since the end of...

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