New Hedge Fund Wisdom Issue Now Available

(via www.marketfolly.com)

The brand new first quarter issue of our premium Hedge Fund Wisdom newsletter is now available!  Subscribers please login at www.hedgefundwisdom.com to download it.

In The New Issue

- Equity analysis of 3 stocks top hedge funds are buying: 
Written by hedge fund analysts, this...

The Rules, Part XXXVII

(via alephblog.com)

The foolish do the best in a strong market “The trend is your friend, until the bend at the end.”  So the saying goes for those that blindly follow momentum.  The same is true for some amateur investors that run concentrated portfolios, and happen to get it right for a while, until the...

Dividend Growth Stocks: A Winning Investment Strategy

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

We all want to succeed in everything that we do, including investing in the stock market. Though I have no analytical data to back it up, I am convinced that most people will lose money in the stock market over their lifetime. So why do so few people succeed at investing? Could it be that an individual's desire to succeed is a significant reason for their failure...

The Charisma Myth

(via www.barelkarsan.com)

Charisma is something non-founder CEOs are simply born with...or is it? Most people believe CEOs rise to the top of their fields because of some innate quality that makes people follow them. But...

Johnson Service: the worm has turned

(via www.iii.co.uk)

Having teetered on the brink of bankruptcy five years ago, the textile rental, dry cleaning and facilities management company is a successful turnaround.
read more

NCAV investing: it works, except when it doesn’t… $MEAD

(via www.whopperinvestments.com)

Big news in net-net land today, as tiny net net Meade (MEAD) agreed to be taken private for $3.45. The agreement represents a more than a double from yesterday’s closing price, so more than a few value investors are probably feeling pretty good right now. I don’t want to make this post...

Soros Fund Adds to Johnson Services Stake

(via www.marketfolly.com)

George Soros' family office Soros Fund Management has been gradually adding to its position in London listed Johnson Services Group (LON:JSG).  Soros first disclosed the position in July of 2012, but since then they've nearly doubled it.

Soros Fund has revealed they own 7.19% of voting...

Paulson & Co Adds to Dex Media Stake, Kyle Bass Discloses His DXM Position

(via www.marketfolly.com)

John Paulson's hedge fund firm Paulson & Co filed an amended 13D and a Form 4 with the SEC regarding shares of Dex Media (DXM).  Per the filings, Paulson has disclosed a 13% ownership stake in DXM with 2.23 million shares.

This marks an increase of around 19% in their position size, up...

Omega Advisors and Bridger Capital Disclose Stakes in PennyMac Financial Services

(via www.marketfolly.com)

Two hedge funds filed disclosures with the SEC today regarding shares of recently public PennyMac Financial Services (PFSI).

Omega Advisors' PFSI Stake

Lee Cooperman's hedge fund Omega Advisors filed a 13D with the SEC on PennyMac Financial Services (PFSI) revealing they own 21.6% of the...

Macro & Market Musings..

(via www.oddballstocks.com)

I've begun to receive a number of emails recently with the market at all time highs questioning the wisdom of keeping money invested at these levels.  As the market races higher it's natural to start to think about when the next downdraft might occur and what it might look like.  The most...

Does the Magic Formula Really Work?

(via www.oldschoolvalue.com)

Magic. That’s what you need to beat the market and that’s what the Magic Formula is supposed to do. As a result of brilliant marketing, promotion and becoming a New York Times bestseller in 2005, Joel Greenblatt has turned the Magic Formula into a key strategy for many in the value...

Dividend Growth Stocks: Johnson

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

Johnson & Johnson is a leader in the pharmaceutical, medical device and consumer products industries. Linked here is a detailed analysis and commentary...

Cisco: Let Me See That LONG

(via www.barelkarsan.com)

Cisco has a dominant market share in an industry where scale is advantage. Considering this, its market price a couple of years ago was laughable. But it only looks laughable in retrospect. When I...

What to Do When Things are Nuts?

(via alephblog.com)

I have not been a fan of this rally, and I have been selling into it.  I do have a rule for equity clients — cash never goes above 20%.  I have been close to that recently, and after rebalancing some companies that have hit the top of the weighting band, I have bought those [...]

Sorted Weekly Tweets

(via alephblog.com)

US Economics   For all the debt, there’s a shortage of bonds stks.co/cUj1 There isn’t a shortage of bonds, but of yield w/reasonable safety $$ FED Very Low Inflation Panic Button: Soon DEFCON 2 stks.co/sDIg Argues that Fed will give up confident talk &continue easing $$ Wake...

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