East Hampton Airport Limits Helicopter Ridesharing; Flight Costs Jump 30% Nothing is more laughable than the first-world problems between the haves and the have-mores (or millionaires versus billionaires) of East Hampton on New York’s Long Island.  The latest example is air mobility at East Hampton Airport has been dramatically limited ahead of the summer season. New rules have restricted commercial aircraft, such as rental jets and […]

An Old Inuit Hunting Tale That Kills Value Investors By Macro Ops Musings Newsflash: Apex predators are hard to kill. But when you live amongst them, you should learn how. The native Inuit tribe developed an interesting way of dealing with apex predators. It wasn’t an all-out attack. Nor was it a strategic assault mission under the blanket of night. It was simple. It was […]

Melvin Capital Kills “Tone Deaf” Plan To End High Water Mark After “Candid Response” From Investors After receiving what he described as “candid thoughts” from initial investors, Melvin Capital Founder Gabe Plotkin has suddenly decided to abandon his plan to leave ‘underwater’ investors with massive losses and demand a ‘do over’ with fresh capital. We can’t say we were surprised at his reversal (as the […]