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Seth Klarman’s latest portfolio sends a powerful message to an investor whose reputation was built on buying with a “margin of safety.” When he discovers something he likes, he’s willing to make it matter. Klarman’s Read more…
A major restaurant company is continuing to trim its footprint as it works to strengthen some of its biggest brands, with more closures ahead. The latest shutdowns come as the company navigates a broader turnaround Read more…
The headline from Berkshire’s latest filing looked good. Greg Abel bought $19.8 billion in equities during the second quarter. That number made the rounds. Investors noticed. Then someone looked at what Berkshire has actually been Read more…