St. Katherine Orthodox Chapel – 3D rendering with accurate topography and location of trees. Dome will be alternating Gold and Silver sections. Chapel will be located on 28 pristine acres between the Worcester Mountain range and Mount Mansfield in Stowe, VT. Synthesis of traditional Byzantine Architecture with local Adirondack ethos.
Lemelson Capital Management releases four-year anniversary letter for the Amvona Fund, LP.
To read the letter click here or see below:
St. Katherine Orthodox chapel – major updates and changes to the concept. Chapel will be located on 28 pristine acres between the Worcester Mountain range and Mount Mansfield in Stowe, VT. Synthesis of traditional Byzantine Architecture with local Adirondack ethos.
Americans are appropriately and understandably responding to last Sunday’s Islamic terror strike in Orlando, which took dozens of innocent lives, with profound grief and a sense of stabbing darkness. As is said in Orthodox Christian memorial services, may their memory be eternal.
Lemelson discusses the risks associated with investing in Alibaba (NYSE: BABA) in January 2015 (17 months before the SEC announces investigation into firm). Discussion includes descrepencies between the firm's reported shipping figures and carrier capacities as well as commentary on the risks of investing in IPO's in general, particularly Chinese IPO's. Shares of Alibaba traded around ~$100 per share at the time.
To listen to the full interview click here (interview starts at 1 hr. 14 min.)
$100 Million Defamation Suit Filed against Bloomberg L.P., Reporter Matt Robinson and Editor Jesse Westbrook
Marlborough, Mass., May 10, 2016— Bloomberg, L.P. and two Bloomberg employees, Jesse Westbrook, a Bloomberg editor, and Matt Robinson, a Bloomberg reporter, were sued today for defamation in Massachusetts Superior Court. The plaintiff, Father Emmanuel Lemelson, seeks $100 million in compensatory damages for defamation in a March 18, 2016 Bloomberg article by Robinson.
"Like all great investments, it requires patience. We've said from day one, we'd be happy if we realized we were right after two years. We're about eight or nine months into that… we're just going to keep buying for the next four or five months and hopefully we'll get 10 percent of the company."
- Benzinga PreMarket Prep Show, June 5, 2015[1]
Let us Pray for Brussels and all those afflicted by acts of terror. Read more on a brief Christian philosophy of national security here.
Lemelson Capital Management Labels Bloomberg Article “Irresponsible and Libelous”
Firm reiterates it has not been and is not the target of any probe or investigation
The exchange last week between leading Republican presidential candidate Donald Trump and Pope Francis over Trump’s proposal to build a wall along the U.S.-Mexico border blurred the lines between national, religious and political aspirations but in many ways was truly unfortunate.
During his visit to Juarez, Mexico to celebrate Mass, Pope Francis, must have felt, great pain seeing first-hand the many people, who through no fault of their own, have long-suffered or paid an ultimate price in an effort to escape the misery afflicting large parts of their country. It is in this context, and in his humanity the Pope spoke out, perhaps inspired by the words of The Lord himself “For I was hungry and you gave me food, I was thirsty and you gave me drink, I was a stranger and you welcomed me…” (Matt. 25:35)
Listen to Rev. Fr. Emmanuel Lemelson Live – February 18, 2016 - Benzinga Pre-Market Prep Show
PreMarket Prep for February 18: Pain in the retail game Interview begins at 57 Min. Mark
Stumbled across this email today from July 14, 2015 entitled simply "Hope this helps" When taken together with the thoughts recently put together for the Naval War College lecture, provides perhaps the foundation for a short essay or book on the topic of a Christian philosophy of finance and investment.
On November 5, 2015 Rev. Fr. Emmanuel Lemelson appeared on Fox Business News discussing amongst other topics a short call in shares of NetFlix (NASDAQ: NFLX).
On November 24th, 2015 Lemelson Capital significantly increased the size of its short stake in shares NFLX – the aggregate short price ended at $122.81. The shares closed on Friday, February 5th at $82.79 a decline in value / return of 32.6% in just over two months.
On February 3, 2016 Fr. Emmanuel Lemelson gave the following Lecture on Faith and Finance at the Naval War College in Newport, RI.