Bank Loan Funds Are a Dumb Investment
Bank loan funds contain illiquid investments making them vulnerable in market panics. Bank loan funds have not meaningfully outperformed investment...
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Bank loan funds contain illiquid investments making them vulnerable in market panics. Bank loan funds have not meaningfully outperformed investment...
Continue ReadingThis week’s Dumb Investment of the Week is inspired by Ken Heebner of CGM Focus’s (CGMFX) colossally bad bet on...
Continue ReadingOn April 7, 2014, Mallinckrodt Plc, a specialty pharmaceutical company, announced it entered into an agreement to purchase Questcor Pharmaceuticals...
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