Greenlight Capital Re, Ltd.
One of the many disadvantages of a hedge fund is that you have to be wealthy, very wealthy, to invest in one. Not only do hedge funds have client minimums, but SEC regulations also require investors be “accredited,” having more than $200,000 in annual income or a net worth (less primary real estate) of more than $1 million.
Despite the limitations, there are a few ways around these problems more »
Everybody follows the news on Apple, General Electric, and other enormous corporations. But opportunity is rarely found where everyone is looking. Investors would be wise to leave the safe confines of analyst-covered stocks and venture out into the world of underfollowed -- and oft undervalued -- stocks. Here is a list of undervalued stocks to start you on your journey to market-beating returns:
Wildcatter with a twist
The basis of the legal action is Apple's intent to put forth a proposal at the next shareholder meeting that would make it more difficult to issue preferred stock, in the opinion of Einhorn. As Einhorn spent $250,100 to have lunch with Warren Buffett, chairman of Berkshire Hathaway (NYSE: BRK-A), back more »
Normally, we end these blog posts with disclosures, but I'll start with one: I'm a David Einhorn fan. I'm not sure how any literate person or cognizant observer of the market wouldn't be after reading his book, Fooling Some of the People All of the Time. Unless, of course, he or she worked for Allied Capital or the U.S. Securities and Exchange Commission.
But you more »
Hockey legend Wayne Gretzky, known as "The Great One," once attributed his success to, "I skate to where the puck is going to be, not where it has been."
That is obviously very sound advice for investing, too. Warren Buffett, head of Berkshire Hathaway (NYSE: BRK-A), and David Einhorn, head of Greenlight Capital (NASDAQ: GLRE), are two of the best investors in history; and have long been involved in the more »