Riviera Resources (RVRA) has released the final results of its tender offer. As expected, most shareholders (61.2 million units in total) responded positively to the offer to sell their shares for $15. Since the company…
The market is not very efficient recently. Shares of companies without growth or of popular brands are traded at too high valuations and the FAANG shares (Facebook, Netflix, Amazon, Apple, and Google) continue to rise…
Monish Pabrai, one of my favorites value investors (that I also mentioned in the Fiat-Chrysler review), once said that “You do not make money when you buy stocks. And you don’t make money when you…
Yesterday, an analyst from Credit Suisse and an analyst from Goldman Sachs surprisingly downgraded the insurer BHF and sent it down sharply. Was it a coincidence? I don’t think so. They both claim that the…
Riviera Resources announced a partial tender offer for the approximately 2.66 million of its shares outstanding (4.2% of the total) at a price of $15. The tender offer was published when the share traded far…
Yesterday I took advantage of the very-strong decline in EBIX (EBIX) price and add it to the portfolio. EBIX is a fast-growing Indian supplier of cloud-based infrastructure for a variety of fields, which is deeply…
I added EBIX (EBIX) to the portfolio at $45.0, allocating 5% of the total portfolio value. The stock surprisingly dived today for reasons I believe to be unjustified and this can be taken advantage of….
Fiat-Chrysler decided to cancel the proposed merger with Renault. Why? Mainly because the French government, which holds 15% of Renault’s shares, wanted it to have greater control over the unified company, and in the framework…
Currently, it seems that the negotiations between the US and China on long-term trade agreements are stuck. Apparently this irritated Trump, and he carried out the 25 percent tariff increase on Chinese imports worth $200…
After a long period of speculation, Fiat-Chrysler proposed yesterday to merge with Renault and create the world’s third-largest automaker. Although it was Fiat that officially proposed the merger, it seems that the management of the…