By Antonella Ciancio / Global Finance:
News & Press
Frenzy of Spinoffs Swells to Fastest Pace Since Financial Crisis
Jul 20, 2018
Soaring markets and the rise of shareholder activism have compelled companies to plan spinoffs at a rate unseen since at least 2008. There’s no end in sight for the frenzy as these new stocks keep finding ways to beat the market. More than 100 companies this year have announced plans for spinoffs on U.S. exchanges, a 54 percent increase from the same time last year, according to data compiled by Bloomberg. This momentum could continue regardless of how the broader market performs, according to.
Here’s the Scoop on The Spinoff Conference
Jun 15, 2018
The Edge held the very first Spinoff conference in NYC on Wednesday, June 6 at the exclusive Penn Club on 44th St. to a packed room. With almost 100 money managers, The Edge debated where, if any, Spinoffs make money. The event was non-profit, and all donations went to the Alzheimer’s Association. We are proud that, together, we raised $5,500.
This is Why You Should Ignore Insider Selling
Apr 6, 2018
Benjamin Franklin said there were only two things certain in life: death and taxes. Some things may be obvious, but not quite certain. Insider selling is one of those in my opinion. As markets and companies become more in-line with fair value, it can become much harder to extract value from companies, particularly with the shift and impact in technology, governments, regulatory changes and the general environment. This can give rise to a few different variables that I’ve seen affect executives.
This is Why IPOs are About to Become Interesting
Mar 23, 2018
Most of you well know that I have been calling the death of the big banks for years. They are institutions that are beyond their sell-by date. They kill you on fees and are just not a part of this new world where everyone wants to see the value before they pay a dime. Even down to everyday stuff, you are forced to pay what they demand in terms of banking charges.
This is How The Edge Defines a Special Situation
Mar 9, 2018
I got a tremendous response two weeks ago in my letter entitled What is a Spinoff?, where I outlined three of the most important points to look for in a Spinoff investment. I’m glad it helped clarify this obviously profitable but difficult to navigate area. This week I thought I’d detail how The Edge defines a special situation.
What is a Spinoff?
Feb 23, 2018
I used to say to people, “I don’t know what is going to happen. I don’t have a crystal ball.” It was probably the right thing to say 10 years ago, but today, our client partners and your investors (if you have any) are essentially paying you to have that skill and expect it! Quite a feat. We will return to this a little later.
This is Why Your Portfolio Has to Include Spinoffs
Feb 9, 2018
Almost every investor is a winner in a rising market. Why? Well, primarily two reasons. The natural inclination for most investors is to buy stocks (rather than shorting) and, as you well know, a rising tide lifts all boats. Easy money if the market compounds at +19% per year. The ETFs and all your picks that just follow the market up will make you money. Guaranteed. Look at you, you are a stock picker! Great job, give yourself a pat on the back.
This Will Make You Reconsider Your Investment Process
Jan 26, 2018
Had a rough time last year? Beat the index? Maybe you spent December thinking up excuses as to why you didn’t? How did your letter to investors start? With an apology?
Where The Edge is Looking for Value in 2018
Jan 12, 2018
As regular readers of our monthly’s know, I’m a fan of cycles and cyclicality. My whole (albeit tiny) view of the world is based on cyclical movements. Ever wonder why sometimes things get good and then you feel down? Perhaps that holiday feeling after you have been away, or perhaps the day after a big occasion, or even a relationship? The chances are it is to do with the cycle you are currently in.