Why Hedge Funds And The Smart Money Love General Motors (GM)

Why Hedge Funds And The Smart Money Love General Motors By: Regal Point Capital Source: Seeking Alpha One of the best ways to uncover investment ideas is to pay attention to the smart money---investors with proven track records and outsized returns. Even Warren Buffett, arguably the world's most … [Read more...]

Detroit’s Money: Slim & Shady

It's so sad to see one of America's greatest cities fail so miserably---but that's exactly what's happened to Detroit.  Believe it or not, 50 years ago, Detroit had the highest per-capita income in the country.  In other words, it was the "richest" city in America.  Today, around 30% of its citizens … [Read more...]