Stocks With Lots of Cash

Lots of cash is great, whether you are an individual or a company. One key statistic that value investors examine who look at value stocks is the cash per share. The cash per share is determined by taking all the cash on the company’s book divided by all the shares that are outstanding.

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Stock Owned by both T. Boone Pickens and Warren Buffett

T. Boone Pickens, is chairman the hedge fund BP Capital Management. He was formerly involved in takeovers and was considered a corporate raider during the 1980s. He is ranked by Forbes as one of the 400 richest people in America. Born in Oklahoma, his first job was as a paperboy.

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Barton Biggs sees little reason to be bearish

Barton Biggs, who trimmed bullish bets in September before U.S. stocks posted the biggest monthly gain since 1991, said that while he doesn’t want to be fully invested in equities, “it’s hard to get really bearish.”

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Maverick Judge Jed Rakoff Stares Down The Street

One of the biggest problems with Wall Street’s malfeasance is how the ruling elite view legal settlements – as little more than an acceptable cost of doing business.

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Getting Over the Overdraft: How I Started Saving

A few years back, I got a paycheck in the mail and went to deposit it. I left the bank, dropped off a rent check, bought groceries, a sandwich across the street, gas on the way home, and a new album from iTunes to listen to while cooking.

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Strange but true…

Bobby Bonilla was a good, but not great, baseball player for the Pittsburgh Pirates in the late 1980′s/early 1990′s. He was able to parlay these years into a series of obscenely rich and guaranteed contracts in the 1990′s.

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Avalanche of Downgrades Overwhelming Bondholders! What to Do …

Maybe it’s because we got our first genuine “cold” front here in South Florida — dropping the mercury all the way to 53 degrees. But the image I have when it comes to the banking sector and sovereign debt downgrades is of an avalanche.

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Bond Rate Pigs Will Get Slaughtered

Many bond funds from this period never recovered. I had the very humiliating duty of informing many investors that the so-called widow and orphan safe funds they had purchased just lost 30 percent and it wasn’t coming back.

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Gold, Eurodollars, and the Black Swan That Will Devour the US Futures and Derivatives Markets

The Eurodollars estimate in the chart below is based on the BIS Banking Statistics from Commercial Banks and may not include official reserves held by Central Banks.

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A Hedge Fund Giant Is Betting Big on This Hated Tech Company

Seth Klarman has made a living buying hated stocks.
Klarman is founder and president of Baupost Group. Baupost is a value-based hedge fund with a focus on buying out-of-favor companies.
The fund has roughly $22 billion in assets under management.
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