Patrick Kaser

Energy is the area of notable strength because of higher oil prices, which makes sense as a lot of energy stocks are very cheap and so they are performing best, clearly trade fears are weighing on the markets overall, but there is nothing particular this morning that's new in that regard.

It's tough to take out costs meaningfully from here. by Patrick Kaser

It's tough to take out costs meaningfully from here.

I don't think Valeant is in a place right now to know exactly what the company looks like 18 months from here, the uncertainty certainly rose meaningfully (last) week. There's more doubt.

You’re only going to take the job if you believe it’s a real company with real products and real cash flow.

Only time will tell if they're entering at the peak and whether o... by Patrick Kaser

Only time will tell if they're entering at the peak and whether or not they'll be too aggressive.