Charlie Munger: Future Not Guaranteed To Be Rosy | Video (4:41)
Warren Buffett, Charlie Munger and Bill Gates share what they have learned from each other. They discuss shadow banking, idiotic deals occurring in venture capital and the good and bad stretches in investing.
TPG Head David Bonderman Stirring Up $80B Bank Battle
Billionaire private equity mogul David Bonderman crashed a rival’s party on Tuesday — stopping an alleged sweetheart deal in the $80 billion middle-market lending sector. In an upset, Bonderman’s TPG Global convinced shareholders of one embattled lender to reject the sale of its management arm to Jonathan Nelson’s Providence Equity Partners — even though leading shareholder proxy service ISS recommended they OK the deal. The management arm, TICC Management, is a highly profitable piece of the lender, pocketing hedge fund-like fees of 2 percent of assets and 20 percent of profits. With $1 billion in loans, that comes to about...
China crash will push cash into global real estate
<span style="line-height: 20.8px;">Chinese buyers have already spent billions in the U.S., UK and Australia, causing property prices to rise -- and experts say much more cash is on its way.</span>
It's on! Silicon Valley going after Wall Street
Silicon Valley is taking on Wall Street right where it lives: in financial services.
Barclays: Forget the Wild Stock Market Swings, China's Real Estate Sector Is What's Most Worrisome
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
Obstacles in Regulators’ Push to Reduce Leveraged Loans
In its effort to limit leveraged loans, the government is finding once again that regulating the financial industry is like a game of Whac-a-Mole, with new unregulated players popping up to fill the ...
Bill Gross Wants To Tell You About Er.. His Shower
Investment Outlook from Bill GrossJuly 2015Ted Cruz recently suggested praying for rain in Texas, and apparently someone did a few weeks ago, producing a deluge resembling a modern day Noah’s Ark of ...
Could Asia's Richest Man Dalian Wanda Make REITs Obsolete?
I'm the author of Mingtiandi.com, a website covering China's listed real estate developers, mergers and acquisitions, and international investments by the country's property firms. During the last 11...
Private Equity Founders Bankroll Heath and Tucker's Koda Capital
As the sun sets on traditional retail stockbroking, not everyone is headed for the exits. It's understood a collection of finance heavyweights are behind recently-formed Koda Capital, buying into the Sydney private wealth group.
Jon Corzine Considers Launching Hedge Fund
Jon S. Corzine, the embattled former MF Global Holdings Ltd. chief executive and ex-chairman of Goldman Sachs Group Inc., has discussed plans to start his own hedge fund in recent months, according t...