There was a time when being a billionaire investor was a big deal. You wanted to listen to them and hang on their every word. Now only a few matter.
Value investing has lagged growth over 5% a year since 2006. But David Booth remains confident in the power of cheap stocks over the long haul.
Starwood CEO sees supply chain bottlenecks and housing market dislocations as stimulus blows out normal economic relationships.
The firm didn't hold the shares prior to Archegos's implosion, a person familiar with its trading patterns says. Evidently the dip was irresistible.