Goldman Sachs: FICCxed Income

Goldman’s third quarter earnings left some people disappointed and as usual, people who follow the company wonder what the future holds for the FICC business. Here is a typical question that was asked over and over again in the past few calls: Good morning. Harvey, maybe we pick up where you left off on the whole… Read More »

Eden’s Perspective

From time to time I’m being asked about my approach to investing or for my comment about an investment-related topic. At Eden, we already wrote about many such topics in our letters to investors and I thought it would be a good idea to collate these writings into one post so here goes: Eden is a… Read More »

Book Review: The McKinsey Mind

The McKinsey Mind (4/5) I found this book to be particularly useful for framing and putting a structure to the thinking process that we go through when we try to solve problems or seek answers to complex problems. While the McKinsey-ites mainly use these techniques to solve business problem on which they usually know very… Read More »

The Sequoia Fund, Valeant and some other thoughts

The Sequoia Fund Most of you are familiar with the Sequoia Fund but here is a brief intro for the uninitiated: when Buffett chose to shut down his partnerships at 1969 he recommended his investors to invest with Bill Ruane, another super investor from Graham-and-Doddslville. Sequoia was actually set up in order to take on… Read More »

Reading in the first half of 2015: books review

Reading books is one of the aspects of what I do that I like the most. Generally speaking, this is a great pastime and in most cases what usually starts with “I have to read this book because I need to know more about this industry/company” usually ends in me being so engaged with the… Read More »

Goldman Sachs: in the right direction

Warning: this is going to be a long–but an interesting–post. In this post I summarize a call that we had with Goldman’s VP of investor relations, who knows the business very well and helped me to better understand the risks and opportunities that lie ahead. Let’s get started! Warming up and risking down We started… Read More »

Berkshire Weekend: business and pleasure

“I was pretty obnoxious when I was young. The only way I got people to like me was by getting rich and giving a lot of donations” — Charlie Munger, Berkshire AGM, 2015. Charlie was at his best, Warren was sharp and tens of thousands of people flocked to Omaha to see this amazing duo… Read More »

In His Memory: Lee Kuan Yew

It is most likely that many of you already heard the sad news about the passing away or Mr. Lee Kuan Yew–the founding father of Singapore. Having lived in Singapore for the good part of the past seven years, I feel I should write a few words about this legendary leader. Low crime? check. Great… Read More »