Firefly Value Partners, a value-orientated hedge fund, with David Einhorn backing, and $482 million of assets under management, lost 3.3% for the fourth quarter of 2015 but gained 5.9% for... Read More

If you’re going to try and fly, make sure your wings are working. A Michigan man illegally BASE jumping off a television tower fell to his death when his parachute did not... Read More

News reports say that Donald Sterling “lost” his recent battle with his longtime wife, who wants to sell an ego boost called the Los Angeles Clippers to an overpaying... Read More

Apple is the “Shake Shack of technology,” says UBS analyst Steve Milunovich (h/t Neil Hughes at Apple Insider), making a bizarre comparison that is supposed to somehow flatter Apple,... Read More

Since Brexit, the financial world has become gravely concerned about the state of the macro economy. Indeed, global trade is slowing, central banks seem to be running out of tools... Read More

So far there’s no sign of contagion in Europe stemming from the Greek crisis judging by sovereign yield spreads and neighboring stock markets, but that was to be expected.... Read More

Amazon.com, Inc. NASDAQ:AMZN, emboldened by it’s nearly 50 percent control of the book retail sales and associated arm twisting of the most important publishers in democratic society, is now... Read More

There’s a difference between allowed to retire and being fired ‘with cause’ – a $21.5 million difference in the case of JPMorgan’s Chase & Co. (NYSE:JPM) former Chief Investment Officer, Ina... Read More

The largest “too big to fail” banks were downgraded by Standard & Poor’s Wednesday based on the diminishing potential for a U.S. government bailout to come to the rescue when... Read More

Investment funds are usually looking for cash, so it was something of a surprise (although not to ValueWalk readers) when Baupost Group LLC founder Seth Klarman announced that he... Read More