Value-oriented ideas and special situations, generally mid/small cap. Also, orphaned and unfashionable investment ideas, ideally with a catalyst and the prospect of asymmetric upside/downside ...

It’s his 1972 paper “Expectations and the Neutrality of Money” that inspired a host of contributions and left a legacy unlike any other. Macroeconomic models now include the effect that future ...

The Q4 margin is 160bps above market expectations and at a multi-year high, although one has to say that management guided ...