Kass the pessimist

Warren Buffett’s high-profile call to buy U.S. stocks may have its skeptics, but the often-pessimistic Doug Kass isn’t among them.
(Earlier this year, Kass generated some headlines by publicly betting that Berkshire Hathaway’s stock would fall, citing Buffett’s “investment-style drift” and “bombs” among Berkshire’s stock holdings.  In March, he listed 11 Reasons to Short Berkshire.  The stock [...]

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Something brewing?

As previously mentioned on this blog Gold Reef Resorts (GDF) is a share to watch closely.
Hosken Consolidated Investments (HCI) has spent around R942 million in buying 42 million shares from various empowerment shareholders of GDF. This has been done through Tsogo Sun Holdings which is not only a competitor of GDF but also part of [...]

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Vice stocks

Really nice article on Moneyweb at the moment written by Julius Cobbett called “A time for vice stocks?“.
He makes the point that in times of financial upheavel, people turn to booze, gambling and cigarettes. I must say I do agree with this but these vices I reckon drop sharply in the new year. Towards the end [...]

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