Readings For The Week (25/6)

This week’s readings include a look at Uber’s bad week (doomsday scenario or business reset?), thoughts on what the recent MSCI verdict means for China and investors, the implications of Beijing’s new mega airport on China’s airline industry, George Soros on Brexit in reverse and why the Salim Group is going back to banking after […]

Mohnish Pabrai Speaks At Google

Mohnish Pabrai, managing partner of the Pabrai Investment Funds, recently spoke at Google about how intensive stock research can be injurious to one’s financial health. In the talk, he explains the concept of commitment bias and why it is an important reason most fund managers struggle to beat the index. He also discusses other biases that […]

Lone Pine Exits Esprit Position

Lone Pine Capital (Lone Pine) recently exited its position in HK-listed Esprit Holdings (Esprit). According to a filing submitted to the Hong Kong Stock Exchange on June 20th, 2017, the firm sold its existing position of 195,644,005 shares on the exchange at an average price of HKD 4.68 per share on June 15th, 2017. Before […]