Hating to Lose

02/28/2006

Jon Jacobson of Boston’s Highfields Capital explains why he thinks energy stocks today are like those of homebuilders five years ago, why outsized private-equity-firm returns gall him, how hating to lose differs from loving to win and why he sees mispriced value in Penn West Energy, Saks Inc., Vinci and Lagardere. 

If you are a subscriber, log in to access the issue and bonus archive: