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“When we seek to discover the best in others, we somehow bring out the best in ourselves.” - William Arthur Ward

https://nypost.com/2019/12/26/seagrams-heiress-may-get-200k-from-sale-of-nxivm-properties-court-docs/

"What makes the desert beautiful,' said the little prince, 'is that somewhere it hides a well..." - Antoine de Saint-Exupéry, "The Little Prince"

Hedge Funds Bet Against Recovery on High Street (TheTimes.co.uk) Hedge funds have placed bets worth £1.6 billion against British retailers as the industry braces for further pressure on the high street. Retailers including Wm Morrison, the B&Q owner Kingfisher and Marks & Spencer have been...

5 things I learnt from the Buffett Partnership Letters (AsiaOne.com) I revisited some of the annual letters Warren Buffett wrote when he was a fund manager some 50 years ago. Buffett’s teachings then are still relevant today. Many people may not know this. Before Warren Buffett became CEO of...

Enforcement of U.S. Sanctions Benefits Local Prosecutors, Data Shows Manhattan DA’s office has received billions of dollars in penalties and forfeitures from corporate economic sanctions violation cases since 2000, according to data from a nonprofit Most of the $4.9 billion collected in...

“We can do anything we want to if we stick to it long enough.” - Helen Keller

Okay.

This is not a too big to fail scenario...

Warren Buffett’s Likely Successor will be Geico’s Next CEO – Here’s How He Prepared Todd Combs for the Role (Business Insider) Warren Buffett‘s deputy, Todd Combs, is set to become CEO of Geico starting next year. Combs will continue to oversee $14 billion in assets as an investment manager at...

A New leaf: why a Hedge Fund Manager Bought a Bank (Risk.net) Andy Redleaf founded a $6 billion hedge fund. Now he runs a small community bank. In many ways, Andy Redleaf was a quintessential hedge fund manager. A Yale University maths graduate, he traded options at Gruntal & Co – alongside...

"The emptiness measured out remains the gift, fills the whole room now, that whole year out across a snowy lawn. Because a drop of shame burned quietly in the province of love. Because we had little that year and were given much." - Joseph Enzweiler

A Christmas poem: "Because we wanted much that year but had little. Because the winter phone for days stayed silent that would call our father back to work. And he kept silent too with our mother fearfully proud before us." - Kathy Jones

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https://nypost.com/2019/12/23/you-can-own-a-piece-of-this-french-castle-for-55/

Julian Robertson’s Tiger Management is at the Center of a Quarter-Trillion-Dollar Web Linking Billionaires, the Pharma Bro, and a ‘Big Short’ Main Character (Business Insider) Nearly two decades after Julian Robertson closed Tiger Management to outside investors, his fund still constantly pops...

Distressed-Asset Hedge Funds Run Into Trouble (The Wall Street Journal) Hedge-fund firms York Capital Management and Southpaw Asset Management are barring clients from getting back all of the money they have requested for year-end, a sign of the pressure that investors in distressed assets are...

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“Take life on life’s terms — one day at a time. And have fun while you’re doing it.” - Joe Perry

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