How to Be a Better Investor, Bob Frick, Kiplinger's Personal Finance Time to Adapt to a World Without QE, Tim Bond, Financial Times First Aid is Not a Cure, Martin Wolf, Financial Times Stimulus Lite, The Wall Street Journal Fed Pays Lip Service to Beef to Skirt Ridicule, Caroline Salas Gage, Bloomberg … [Read more...]
Steve Jobs: How to live before you die
What We’re Reading 10-7-11
The Fed's 'Twist' Turns into a Problem for Pensions, Insurers and Households, PIMCO Policy Uncertainty Is Choking Recovery, Scott Baker, Nicholas Bloom and Steven Davis, Bloomberg More Parents Finance Their Kids' Mortgages, Sandra Block, USA Today Stimulus Has Been a Washington Job Killer, John F. Cogan and John B. Taylor, The Wall Street Journal Nearly Half of U.S. Lives in Household Receiving Government Benefit, Sara Murray, The Wall Street Journal … [Read more...]
China Growth to Slow to 0-3% in 2012
What We’re Reading 9-30-2011
Hoenig Critiques Fed in Parting Shot, Carey Gillam, Portfolio.com 1 in 5 Modified Loans Default Again: Comptroller, John Gittelsohn, Bloomberg Is Warren Buffett the New Andrew Mellon? Not Quite, Amity Shlaes, Bloomberg How to Keep Your Balance in Unsteady Markets, Vanguard.com Eurozone Inflation Hits Three-Year High, Ralph Atkins, Financial Times … [Read more...]
Bank vulture investor says environment more dangerous than 2008
Sept. 27 (Bloomberg) -- Christopher Flowers, founder of private-equity firm JC Flowers & Co., talks about the European financial crisis and its impact on his strategy. Flowers speaks with Erik Schatzker at the Bloomberg Link Dealmakers Summit in New York. (Source: Bloomberg) … [Read more...]
What We’re Reading 9-23-11
Global Stocks Drop 20% Into Bear Market, Lynn Thomasson and Michael Patterson, Bloomberg The Spend Now, Tax Later Jobs Bill, Alan Reynolds, The Wall Street Journal Obama's Tax Morass, Daniel Henninger, The Wall Street Journal The Real Effects of Debt, Stephen G Cecchetti, M S Mohanty and Fabrizio Zampolli, BIS In Pockets of Booming Brazil, a Mint Idea Gains Currency, Paulo Prada, The Wall Street Journal A Little Inflation Can Be a Dangerous Thing, Paul A. Volcker, The New York Times Buffett's Dad Was the Ron Paul of His Day, Philip Klein, The Washington Examiner … [Read more...]
Down 58% in 2008
Legg Mason Value Trust fund outperformed the stock market every year from 1991 to 2005. The word “legendary” would often precede the name of its manager, Bill Miller. He was legendary for building positions in companies by dollar-cost averaging down while other investors were selling. His style is described in The Wall Street Journal article “The Stock Picker’s Defeat”: Mr. Miller’s swing-for-the-fences approach makes even other value investors flinch. Christopher Davis, a friend of Mr. Miller’s and a money manager at Davis Funds, recalls discussing his investment strategy with Mr. Miller in … [Read more...]
Chanos on China
Mr. Chanos provides a sobering reminder of the dangers lurking in the world’s second largest economy. … [Read more...]
That Custom-Tailored Obama Scandal You Ordered Is Finally Here
The Daily Show With Jon Stewart Mon - Thurs 11p / 10c That Custom-Tailored Obama Scandal You Ordered Is Finally Here www.thedailyshow.com Daily Show Full Episodes Political Humor & Satire Blog The Daily Show on Facebook … [Read more...]