David Tepper Is Consistently Inconsistent In Buying AIG [View article]
Here is Bruce Berkowitz Case Study for AIG: http://bit.ly/TzQ79g A little dated, but worth reading to see why he continues to hold AIG now that it comprises about 40% of his portfolio.
David Tepper Is Consistently Inconsistent In Buying AIG [View article]
While I am not aware who is selling, I agree that the Treasury stake is small now, but perhaps it is more symbolic. You can read my thoughts on the Treasury sale here: http://bit.ly/WwYReA
Bridgewater, Dalio And The Gospel Of Diversification - Post-Modern Value Investing? [View article]
Thanks for a great analysis. To answer your doubts at the end of the article, I do no think Mr. Dalio is using hocus-pocus to mask leveraged risky trades. He has consistently developed better and better models, including what you describe. Here is a profile we did that delineates his investment themes and a short bio: http://bit.ly/VXMzk0
David Tepper Is Consistently Inconsistent In Buying AIG [View article]
You are welcome milesoldier. I agree the Treasury selling AIG is irrelevant -- their reasons to sell (and actually buy) the stock were nothing to do with a regular investor's intent. This was a bailout and so they had to do the cash-infusion even if they thought there would be no profit down the road. Since there is a profit, now they want to sell as soon as possible to erase the memory altogether.
David Tepper Is Consistently Inconsistent In Buying AIG [View article]
A little dated, but worth reading to see why he continues to hold AIG now that it comprises about 40% of his portfolio.
David Tepper Is Consistently Inconsistent In Buying AIG [View article]
Bridgewater, Dalio And The Gospel Of Diversification - Post-Modern Value Investing? [View article]
Bridgewater, Dalio And The Gospel Of Diversification - Post-Modern Value Investing? [View article]
David Tepper Is Consistently Inconsistent In Buying AIG [View article]
David Tepper Is Consistently Inconsistent In Buying AIG [View article]
I agree the Treasury selling AIG is irrelevant -- their reasons to sell (and actually buy) the stock were nothing to do with a regular investor's intent. This was a bailout and so they had to do the cash-infusion even if they thought there would be no profit down the road. Since there is a profit, now they want to sell as soon as possible to erase the memory altogether.