When a company does something that corporate-governance activists really don’t like, like adopting a poison […]
I remain fascinated by this Carl Icahn – CVR Energy situation and wanted to add […]
The more frequently you monitor your portfolio, the more likely you are to observe a loss.
This is likely to cause short-sighted decisions and could hurt your investment performance.
If you are checking your portfolio more than once per quarter, you’re doing it too much.
Click to read more.
Dan Egan, Betterment Director of Behavioral Finance and Investing
And so he’s not paying them on principle, the principle being I suppose “don’t fuck […]
Sell-side M&A work is mostly a pretty good and lucrative business model but it has a few flaws. Try to spot a key one here:
(1) you represent a target;
(2) you spend your days fighting tooth and nail with the buyer to try to make them pay more and give up optionality, and generally to get more of the benefits of the deal for the target than for the buyer;
(3) then the buyer acquires the target, fires all the directors and officers, changes the locks, and replaces the stationery;
(4) then you get paid.
Did you spot the problem? Carl Icahn did:
If you want to buy a company you can do it in one of two […]