A free Grant's lunch
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September 20, 2013, Vol. 31, No. 18
Memo to Morgan Stanley
On the occasion of the fifth anniversary of the 2008 financial upheaval, the CEO of Morgan Stanley, James P. Gorman, told the TV cameras, "I would say the probability of it happening again in our lifetime is as close to zero as I can imagine." We write to dispute that contention.
We said, he said
A new Hedgeye report on a midstream energy behemoth says "sell." A 2012 Grant's article on the same business said "buy." What do the bears just say? And what do we say now?
Forest and trees
Earlier this month, Jason Kidd bought $500,000 worth of the team of which he's the head coach, the Brooklyn Nets of the National Basketball Association. How different things might have been had he invested in the company that owns a portion of the team rather than the team itself.
Not so golden
Grant's draws the veil of charity over a certain exploration company.
Browse 30 years of Grant’s archives by topic or article.
Grant’s hosts semiannual investment conferences in New York.
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