Early in 2016, we are witness to a “hard assets” liquidation frenzy, the likes of which have not been seen for many years. The great commodities supercycle that was supposed to accompany the rise of the BRICs (Brazil, Russia, India and China) to economic heavyweight status has turned into a spectacular bust. The rooms once… Continue Reading
Buccaneering financier Jim Slater has been sharing stock tips in the Telegraph newspaper for over 50 years. It’s important for potential investors to keep an eye out for these kinds of articles, as well as things like Grizzly Reports which help you to avoid making bad decisions. As well as this useful site, there are… Continue Reading
Seven hundred forty million dollars. That’s how much Bill Gross has reportedly invested of his own cash into the bond fund he manages at Janus Capital Group. The billionaire bond king—who unexpectedly left Pacific Investment Management Company, or PIMCO, in September after a clash with senior management—now owns a little over half of the $1.45… Continue Reading
Ray Dalio is the founder of Bridgewater Associates, the world’s largest hedge fund firm and is one of the most iconic money managers on Wall Street. The Harvard graduate created the All Weather fund in 1996 and revolutionized traditional optimal strategic asset allocation models. Instead of balancing portfolios based on total weightings only, he included risk,… Continue Reading
“Anybody who says that the super-cycle is over is an idiot, it’s just been deferred for a little bit”, mining tycoon Robert Friedland told a packed audience in London last week. I was there for the 12th annual Mines and Money show. And if you’re in the mining business and haven’t been to London lately, the Mines… Continue Reading
“Wise investors won’t try to outsmart the market. They’ll buy index funds for the long term, and they’ll diversify.” That’s what Jack C. Bogle says. He is the pioneer of low-cost index investing and founder and former CEO of Vanguard which now manages over $3.3 trillion in assets globally. Bloomberg has a new interview with him… Continue Reading
Self-help guru Tony Robbins is out with a new book which offers a slew of financial advice including an “All Weather Portfolio” (AWP). Without delving into too much detail (others have already done this favor for us….), the crux of Robbins’ All Weather Portfolio is a recommendation to allocate 55% of ones portfolio into US Treasury… Continue Reading
With $36.4 billion in assets, Harvard University’s endowment fund is the largest in the world and has returned an average of over 12% annually over the past two decades. In a recent regulatory filing, the Massachusetts-based fund picked up new positions in a dozen Texas-based oil and gas companies in the third quarter amid steeply… Continue Reading
After pre-marketing their latest venture, Denham Capital, which is one of the largest resource-focused private equity firms, announced the formation of Auctus Minerals, to focus on acquiring underperforming operations across Australia and applying operating efficiencies to them in order to turn a profit. The venture is being funded with US $130 million (initially) from Denham and will… Continue Reading
The Lundin name has been synonymous with large deals in the mining space (Lundin Mining and Fortress Minerals) as well as big new oil discoveries in Norway (Lundin Petroleum) over the past few weeks, however, today that trend was bucked with their African oil explorer (aptly named Africa Oil (AOI:TSX)) trading to new 52-week lows… Continue Reading
A relatively unknown European-focused gold developer called Euromax Resources (EOX:TSXV) has a market cap of just $26 million, but yesterday it secured a $175 million streaming deal with the world’s largest gold streamer, Royal Gold. That’s nearly 8x its current market cap. Euromax’s management is made up of most of the former European Goldfields executives who sold that… Continue Reading
>>Inteview With Rick Rule (MP3) During a time in which few investors are considering the possibility of a recovery in natural resources, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments. Speaking towards the overall market Rick noted that, “The market itself is very healthy. You are seeing a… Continue Reading
BusinessWeek has a short piece out profiling Gerry Schwartz who left Bear Sterns a few months after Jerome Kohlberg, Henry Kravis and George Roberts in 1976 (founders of private equity giant KKR). Schwartz, a Canadian, brought the same LBO platform home to Canada and founded Onex which has returned over 28% annually over the past 30… Continue Reading
There has been a lot of talk about private equity ‘circling’ the mining space, however little has come to fruition. Today we meet a dynamic young financier who has already begun to deploy $375 million in the sector. Michael Scherb is the 32-year-old founder of Appian Capital Advisory LLP, a mining-focused private equity investment firm established in… Continue Reading
The New York-based alternative asset manager, The Lind Partners, have announced a unique strategic partnership with John Hancock (the eldest son of Gina Rinehart of Hancock Prospecting, the largest private company in Australia) in which Mr. Hancock will become a consultant to Lind and advise them on investing in the Australian resource sector. The team at The Lind… Continue Reading
