Whew! Time to exhale as the drama is finally over. Peyton Manning is signed, Tebow was traded and now Hartford Financial Services Group (HIG) will shed several business units in order to increase its focus on its profitable property & casualty business. While the group benefits and mutual fund businesses will also be retained, the annuity business will… Read More »
What do you do when your letters and pleas get ignored? Turn them into a presentation of course because pictures and charts are just so much harder to ignore. That seems to be superstar hedge fund manager John Paulson’s approach for turning up the heat on Hartford Financial Services Group (HIG). After having no success writing letters to… Read More »
Listening to (or reading) company conference calls are a necessary but often painful part of investing. Calls are usually filled with a bunch of numbers, some CEO speak and suck-up analysts (if the company is doing well) so anything out of the ordinary or even somewhat controversial becomes noteworthy. Throw in ‘legendary’ fund manager John Paulson and now… Read More »