Two-Year Chase Siphoned Money and Resources

SoftBank Corp.’s abrupt decision to break off pursuit of wireless carrier T-Mobile US Inc. has shifted focus to how the Japanese company will turn around its U.S. Sprint Corp. unit without the deal, and what other acquisitions it might be planning. Full story is here

My prediction:  and -these proposed deals are dead for at least 9 months to a year-$S maybe forever.

 

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January 2013 Facebook Stock Market Prediction Proved Accurate Today

Happy to see that another one of the predictions I made back in January regarding 2013 stock market trends proved accurate today. Here’s what I said on January 10, 2013:

“Facebook shares may trade up to the initial public offering price of $38 before the year is over as rumors of its demise have been greatly exaggerated.”

CNN reported that Facebook shares hit a high of $38.21 today.

The prediction I made regarding Apple’s stock price (US: AAPL) was realized before the end of the first quarter of 2013.

Twin Capital Manager David Simon’s top three stock picks – Marketwatch

In this column, Meena Krishnamsetty shares a trio of stock picks by David Simon of Twin Capital, who demonstrated that he can generate an annual alpha of around 7 percentage points per year. Twin Capital’s annual returns ranged between 6.5% and 13.2% for the years between 2008 and 2012. For full article, click here.

2012 Young Jewish Professionals Finance and Hedge Fund Summit.

Attendees of the 2012 Young Jewish Professionals Finance and Hedge Fund Summit. david simon twin capital

From left to right: Russell Gross, vice president, JP Morgan; David Simon, founder and chief executive officer, Twin Capital Management; William Wang, chief financial officer, Twin Capital; and Vadim Levin, director, Taylor Investment Advisors, LP.