The Brexit Effect: The Signals amidst the Noise

There are few events that catch markets by complete surprise but the decision by British voters to leave the EU comes close. As market...

Icahn exits, Buffett enters, Whither Apple? Value and Price Effects of Big Name Investing

In my last post , I looked at Apple, arguing, with a Monte Carlo simulation, that the stock was a good investment at the prevailing market p...

DCF Myth 3.2: If you don't look, its not there!

In this, the last of my three posts on uncertainty, I complete the cycle I started with a look at the responses (healthy and unhealthy) to u...