People love it when others fail
The recent news of the continued troubles at Valeant and hedge fund manager Bill Ackman’s losses in the stock have gotten many people excited. Lots of investors and other hedge fund managers are metaphorically screaming, “I told you so.” They’re even excited that Mr. Ackman is on the losing side of the trade while they’re […]
And now for more of the same
Another crazy week everywhere: the markets, politics and not least the future of the republic. We just can’t catch a break. Republicans are slicing each other to shreds in the fight for their nomination, a smaller number of Democrats are doing the same, and before you know it, the two survivors will be kicking each […]