Buffet is not the best investor this year but he certainly still holds a pretty unblemished track record that is longer than many banker’s ages. http://en.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway Berkshire Hathaway is the largest financial institutions… Continue reading
Hearing a few client complaints on the street that banks are unwilling to bid for papers or honour prices indicated on screens which vindicates my point last week that most of the prices… Continue reading
***NEW ISSUE: Oxley Holdings 5NC3 SGD Senior Unsecured*** Issuer : Oxley Holdings Limited Status : Senior, unsecured Rating : Unrated Format : Off Issuer’s SGD300Million Multicurrency MTN Programme Structure : 5NC3 Issue Size … Continue reading
This week, we have the ECB and BOE (4 Jul) , Riksbank (3 Jul) and RBA tomorrow along with the US Unemployment (Taper oriented) and Non Farm Payroll on Friday. Would you believe… Continue reading
Largest Banks and Financial Institutions in terms of market cap (source Bloomberg). 1 Year Ago 1. Orco Property France 2. ICBC China A shares 3. Berkshire Hathaway 4. Wells Fargo 5. China Construction… Continue reading
A coordinated tightening of the noose around property prices. In Jan, all the LTVs and additional buyer’s stamp duties, in April, the rule on cheque collections and now, MAS Introduces Debt Servicing Framework… Continue reading
Developments in the past month still leave many of us puzzling over what exactly transpired and where we are headed. With an already heavy workload – I’ve moved into the private equity space… Continue reading
Watching the market actions unfold into the half year closing, I remember a movie I watched over a decade ago. The beauty of Run Lola, Run, besides the chick (i like her because… Continue reading
The market has a short term memory, mine included. Yet when 2 lines are strung together like these on CNBC and WSJ last night in an interview with hedge funder Jeff Gundlach, your… Continue reading
Strategists who work in places where the time frame can stretch generations generally see things differently from us mundane folks. Insights from my lunch with a brilliant mind. Things will only get painfully… Continue reading