Jeffrey's Feed
May 4, 2015
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Buffett makes golden case for Teflon force field

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Warren Buffett this weekend cemented his legacy: not simply as an investment god but as an 84-year-old human shield. At the annual shareholder meeting celebrating 50 years of Berkshire Hathaway under his watch, the Oracle of Omaha parried a barrage of queries and concerns over his holdings, partners and governance. Investors one day will miss Buffett’s stock-picking prowess but the force field he provides around the company may be his most undervalued quality.

Apr 29, 2015
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M&A predators stalk Michael Milken’s ball

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Michael Milken’s latest ball was notable for its lack of predators. The financial elite prowling Beverly Hills at the behest of the former Drexel Burnham Lambert boss whinged about everything from a slowing Middle Kingdom to hacking threats to stock price valuations. Three former Treasury secretaries lamented a dysfunctional Washington. When it came to the subject of mergers and acquisitions, however, animal spirits ran unanimously wild.

Apr 29, 2015
via Breakingviews

M&A predators stalk Michael Milken’s ball

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Michael Milken’s latest ball was notable for its lack of predators. The financial elite prowling Beverly Hills at the behest of the former Drexel Burnham Lambert boss whinged about everything from a slowing Middle Kingdom to hacking threats to stock price valuations. Three former Treasury secretaries lamented a dysfunctional Washington. When it came to the subject of mergers and acquisitions, however, animal spirits ran unanimously wild.

Apr 23, 2015
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Comcast’s boss should live to buy another day

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Comcast boss Brian Roberts may soon bear a second big deal scar. U.S. regulators are sounding skeptical about his $45 billion plan to buy rival Time Warner Cable. Overconfidence foiled another Comcast mega-transaction a decade ago, but Roberts later tracked down another sizeable target. The pattern suggests that as the industry undergoes rapid transformation, he’ll be back with a bold bid before too long.

Apr 23, 2015
via Breakingviews

Comcast’s boss should live to buy another day

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Comcast boss Brian Roberts may soon bear a second big deal scar. U.S. regulators are sounding skeptical about his $45 billion plan to buy rival Time Warner Cable. Overconfidence foiled another Comcast mega-transaction a decade ago, but Roberts later tracked down another sizeable target. The pattern suggests that as the industry undergoes rapid transformation, he’ll be back with a bold bid before too long.

Apr 17, 2015
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Blackstone brandishes its long-term bona fides

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

It makes sense for a firm that thinks in blocks of seven to 10 years to take about eight before hitting its stride. The listed units of Blackstone, the buyout shop run by Stephen Schwarzman, finally trade noticeably above their 2007 initial public offering price. Owners of the equity, however, may yet prove more fickle than investors in Blackstone’s funds.

Apr 17, 2015
via Breakingviews

Blackstone brandishes its long-term bona fides

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

It makes sense for a firm that thinks in blocks of seven to 10 years to take about eight before hitting its stride. The listed units of Blackstone, the buyout shop run by Stephen Schwarzman, finally trade noticeably above their 2007 initial public offering price. Owners of the equity, however, may yet prove more fickle than investors in Blackstone’s funds.

Apr 2, 2015
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April 1 jokes expose greater fools of finance

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

April 1 delivered a timely reminder that financial fools abound. Tesla’s attempt at humor by announcing the Tesla Model W, an obvious parody of Apple’s forthcoming watch, caused its share price and trading volume to jump. Meanwhile, Tinder for Uber seemed all too feasible in a Silicon Valley littered with funding for oddball pitches. When investors can be easily duped, it’s a good sign markets are high on hype and distortions.

Apr 2, 2015
via Breakingviews

April 1 jokes expose greater fools of finance

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

April 1 delivered a timely reminder that financial fools abound. Tesla’s attempt at humor by announcing the Tesla Model W, an obvious parody of Apple’s forthcoming watch, caused its share price and trading volume to jump. Meanwhile, Tinder for Uber seemed all too feasible in a Silicon Valley littered with funding for oddball pitches. When investors can be easily duped, it’s a good sign markets are high on hype and distortions.

Mar 31, 2015
via Breakingviews

Charter deal may not be final word on Bright House

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The U.S. cable puzzle is starting to take shape. None of the pieces is a snug fit just yet, though.