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A pivotal scene in “The Big Short” has a skeptic scoffing at a quirky money manager who wants to short the housing market. The manager, Dr. Michael Burry (played by Christian Bale), has found portfolios of mortgages rotten with toxic subprime paper.The U.S. economy is sitting on a massive housing… Read More

For several years the Federal Reserve and other financial titans such as the World Bank and the IMF have been singing, “The Sun Will Come Out Tomorrow,” and then reversing their forecasts when tomorrow arrives. Now when they trot out that tune smart investors hear another song from the musical… Read More

Special Situations Portfolio Update – Argos TherapeuticsFor those of you participating in our current cancer treatment play (“One Little Shot to Kill Cancer Dead“), tomorrow is an important day. One of the three stocks we recommend in that bundle – Argos Therapeutics (ARGS) – is releasing its fourth quarter… Read More

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