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Here’s Why Vertex (VRTX) Landed in Alger Spectra’s Detractor List Alger, an investment management firm, published its ‘Alger Spectra Fund’ fourth quarter 2020 investor letter – a copy of which can be downloaded here. In the letter, the fund highlighted their largest portfolio sector weightings, which is in Information Technology and Consumer Discretionary sector, with their comments on notable companies. The Communication Services sector together with the Industrial sector is where they achieved the largest chunk of their returns. You can view the fund’s top 5 holdings to have a ...

Baron Health Care Fund recently published its fourth-quarter commentary – a copy of which can be downloaded here. During the fourth quarter of 2020,...

Insider Buying Propped Summers Value Partners’ Massive Gains in Bioanalytical Systems (BASI) Summers Value Partners, an investment management firm, published its ‘Summers Value Fund LP’ fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A net return of 14.7% was recorded by the fund for the Q4 of 2020, below its Russell 2000 benchmark that returned 18.40%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021. Summers Value Partners, in their Q4 2020 Investor Letter said that they acquired a new position in Bioanalytical Systems...

Academic freedom Boo Chanco Even for this administration, the recent attack on academic freedom is a low point. It is a good illustration of “isip pulis patola” that minimizes basic principles that are the basis of civilized society. The end does not justify the short cuts they take. I thought Defense Secretary Delfin Lorenzana is one Cabinet member we can depend on to defend basic principles of democratic governance. He seems sophisticated enough to recognize nuances that Duterte ignores, but matters. Unilaterally abrogating a long-standing agreement that keeps the milita...

Steve: that was decades ago. combine that, which was engrained in college campuses over the decades, with, for instance, bernie sanders, running for president two years ago and it's like hey, why not? i'm an idealistic kid. i want everybody to get everything, but that's socialism. >> especially when the professors are 48% socialist. that's a large number. 90% are leftist and 40% of the total are socialists. steve: wait, back up, you are saying 90% of professors. >> in the humanities and social sciences, yes. steve: why so high? >> there is a bubble and they don't want to hire anyone. i have se...