by Glenn Busch
June 4, 2010
Endo Pharmaceuticals (ENDP) announced a cash tender offer for the outstanding shares of Healthronic (HTRN) at $4.85 per share. Is the merger spread large enough to compensate for the risk in this merger arbitrage trade?
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by Glenn Busch
June 3, 2010
A portfolio update for the hedge fund Baupost Group using their lastest 13F SEC filing. Baupost Group is home to Seth Klarman author of the famous value investing book “Margin of Safety”.
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Key Relationship, U.S. Dollar Strength and the S&P 500
by Glenn Busch June 8, 2010A chart on one of the key relationships in the U.S. stock market, the US Dollar and the S&P 500. Also, the full speech by Marc Faber at the Ludwig Von Mises Institute.