(Watanabe)The 25 years you managed the fund coincided with Japan's "lost 30 years." How did you view the Japanese economy during that time? (Kiyohara)I don’t think it was a "lost 30 years," and I don't understand what was supposedly lost. If anything was lost, it might have

Nordstrom Family Offers to Take Out All $JWN Minority Shareholders at . . . . (checks notes) the Current Price.

We just published out 18th book review as part of our Get Paid to Read contest! This week Vasu Golyan reviews Andrew Ross Sorkin's book about the financial crisis that led to the Great Recession in his book Too Big to Fail insidearbitrage.com/2024/09/book-r…

This is vibes-based regulating at its worst. IMO US Steelworkers, US Steel production, the environment, USS pensioners and Pittsburgh are worse off by this acquisition being blocked. So what is the benefit of blocking it? Vibes. US Steel was once the largest corporation in the

To whoever pointed out this Stifel report on obesity drugs, thanks. One of the best research pieces of the year. stifel.com/newsletters/in…

$LULU CEO Calvin McDonald makes his first ever insider purchase. McDonald bought 4,000 shares worth $1.04 million.

Never, ever forget... Buffett backing up the truck from 8x to 18x, dumping shares near 34x. $AAPL Apple

Mining stocks are the best. When the commodity goes up, mining stocks decline by 1-2%. When the commodity goes down, mining stocks decline by 5-10%. Where else can you get this leverage in markets?

The InsideArbitrage Friday Wrap is out! "Is the US Steel-Nippon Merger a Threat to National Security?" 🧵1/12

Shared our updated thoughts on the $TPR / $CPRI M&A arb deal that's going to court this week. We share our notes on 4 different documents as well as the presumed $CPRI break price should the deal fall apart. (1/2) See thread

Farewell Liberty SiriusXM ( $LSXMK, $LSXMA, $LSXMB) Hello NEW SiriusXM ( $SIRI). It has taken longer than expected, and been volatile and disappointing (so far), but starting tomorrow we will have a clean-sheet, single ticker, un-indexed, high dividend yielding, low valuation

$CPRI $TPR wow from Tapestry's lawyer: What does the FTC have? Three 2021 emails from a Tapestry executives with parentheticals about "accessible luxury." That is not enough Inner City Press