Swen Lorenz

Investing In The World’s Most Famous Office Building

Investing In The World’s Most Famous Office Building

6 mins. to read

This is the first in a 12-part series of articles by Swen Lorenz, reporting on easy-to-access investment opportunities in high quality real estate around the world. This month, Swen has travelled to the Big Apple to visit an American icon. Of the world’s record-breaking real estate locations, none beats more records than that tiny island…

The Evil Diaries: Timber!

The Evil Diaries: Timber!

1 mins. to read

Evil discusses ASOS, Quindell, the business leaders’ letter in support of the Tories, and Sam Cameron… I may have missed something (I doubt it) but ASOS (ASC) is on a PE of the order of 100 and profits are declining. Timber! The fan club would point out, if minded, that I have misunderstood matters. All…

The Evil Diaries: A Massive Scam

The Evil Diaries: A Massive Scam

0 mins. to read

Older readers will recall Nasdaq-quoted World Acceptance (WRLD). It was then $20 and set to collapse. In the event, year after year, the imminent raids from the Feds never materialised and World got up to close on $100. I just gave up. But this is a massive scam and, on Monday, Seeking Alpha published a…

The Fed’s View on Price Stability

The Fed’s View on Price Stability

8 mins. to read

Economic analysis by Filipe R. Costa Long gone are the days when central banks used to target monetary aggregates in order to attain price stability. Until the early 1990s, central banks thought the correlation between the money supply and inflation was strong enough for them to be able to define as their intermediate objectives some…

A challenge to the efficient market hypothesis

A challenge to the efficient market hypothesis

5 mins. to read

by Frederik Vanhaverbeke In the last of a series for SBM, Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. The extreme efficient market theory is “bonkers”. It was an intellectually consistent theory that enabled…

Oil Majors Sweep: BP, Royal Dutch Shell, Tullow Oil

Oil Majors Sweep: BP, Royal Dutch Shell, Tullow Oil

3 mins. to read

Few would disagree with the idea that the stock market is a place where by definition we are kept guessing. Of course, speculation is a rather more upmarket version of the guessing concept. But it has to be admitted that for most of the market there has been quite a struggle to come to terms…