Bond Ratings Firms Throwing Softballs
As long-time readers will know, the Montaka funds have been short the shares of Kraft Heinz. One aspect to our short thesis is the enormous $31bn debt burden encumbering KHC.
Is Investing the Same as Gambling?
Investing can take many forms, but it typically involves buying an asset for less than it is worth. Regardless of the form the investment takes, when determining the value of any asset it is important to think probabilistically – that is, acknowledging that there are many possible outcomes that can eventuate in the future. So […]
