Uwe Krejci/DigitalVision via Getty Images A Welcome Surprise After discussing GrafTech’s (EAF) challenges throughout 2022 and 2023, Groundhog Day came early in 2024, with the stock declining 39% in January. The selloff likely stems from indiscriminate selling by Brookfield Asset Management and shares distributed by BAM due to the fund ending. We were again left…
Avalon_Studio Investment Results 2019 2020 2021 2022 2023 YTD 2024 Since Inception 1 LVS Event-Driven (net of fees) 7.0% 13.2% 9.1% 3.8% 6.2% (1.4%) 43.6% Benchmark: High-Yield Bond Index 13.4% 5.0% 4.0% (11.4%) 12.5% 1.6% 25.4% LVS Growth (net of fees) – 61.8% 16.1% (35.8%) 7.0% 14.7% 47.9% Benchmark: S&P 500 TR Index – 18.4%…
The CFTC advisory committee has voted that a report be delivered to the commission and other regulators to review the DeFi sector, as well as the current laws relating to it. Decentralized Finance (DeFi) has been in existence for several years now and has seen billions of dollars in transactions thus far. Providing financial services…
primeimages The End of an Era Like the Undertaker’s undefeated streak at Wrestlemania (21-0 when he lost to Brock Lesnar), all good things must end. This quarter, we actively reduced our position in our favorite company, Nvidia (NVDA). Over the past several years, I have consistently noted the concentration of the top 5 holdings in…
The launch of the global AI advisory services comes after Visa recently made a significant investment in the field of AI. Global payments giant Visa Inc (NYSE: V) has introduced its new global artificial intelligence (AI) advisory service to assist clients in harnessing the power of AI solutions for their businesses and understanding the potential…
Sound Advisory / Unchained Unchained, a leading Bitcoin financial services provider, has launched its new service, Sound Advisory, per a press release sent to Bitcoin Magazine. This new platform offers registered investment advisor (RIA) services, specifically designed for investors looking to include bitcoin in their portfolios. The introduction of Sound Advisory comes at a time…
JHVEPhoto Research Summary Today I’ll be rating Stifel Financial (NYSE:SF), in the financials sector, investment banking & brokerage subsector. It had its Q2 earnings result on July 26th and I will do a deep dive into some of that data today as well. For readers less familiar with this company, here are relevant points from…
Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor. Leading global investment banking and financial services company Goldman Sachs (NYSE: GS) is considering selling its investment advisory business. According to a Financial Times report, Goldman is “currently evaluating alternatives” for the company, which…