10 poor investment theses [Irrelevant Investor]
The case against short selling [Long Short Trader]
The five "why's" in problem solving [Wallbuilder]
The danger of 1-year performance numbers [A Wealth of Common Sense]
Latest post from the Valeant (VRX) bear camp [Bronte Capital]
How bad will it get for American Express? [Bloomberg]
China is not collapsing [Project Syndicate]
Kingmakers of China's internet: Baidu, Alibaba and Tencent [WSJ]
A look at wireless tower stocks [Barrons]
Tribune Media shares at a 50% discount [Barrons]
Fossil Group (FOSL): a value stock with temporary problems? [Value & Opportunity]
Netflix is creating a cordless nightmare for traditional media [Institutional Investor]
Light beer gets in touch with serious side [WSJ]
Auto parts retailers' immunity to Amazon drives stock surge [Bloomberg]
Why investors don't fund dating [Andrew Chen]
Robots and us [MIT]
Thursday, October 22, 2015
What We're Reading ~ 10/22/15
Monday, September 21, 2015
Goldentree's Steve Tananbaum on Wall Street Week
Anthony Scaramucci's rebooted version of Wall Street Week recently interviewed Steve Tananbaum of Goldentree Asset Management.
Goldentree manages $24 billion and has a bottom up value process focused on the credit markets.
Tananbaum commented on the recent market volatility, noting that investors all have differing views on what we should be concerned about: the Federal Reserve tightening, China issues, potential instability in Europe, etc. He says that's what the market is struggling to prioritize.
He also notes that the bond market isn't as concerned with the direction of earnings.
As far as sectors go, Tananbaum said he thinks the media sell-off has been overdone, and singled out Time Warner (TWX) and Tribune Media (TRCO).
Embedded below is the video of Tananbaum's appearance on Wall Street Week:
If you missed it, be sure to also check out Eminence Capital's Ricky Sandler on Wall Street Week as well as Mario Gabelli's interview.
