I used to think that Barack Obama was one of the more intelligent Presidents of the United States, but I no longer do. Consider his recent statements, which show his socialistic attitude: There are a lot of wealthy, successful...
Read MoreBefore I start this evening, a note to readers: if you like my reviews, vote them up at Amazon.com.This book is very different than most I review. First, it should not have existed. While the author was under house arrest, he...
Read MoreWhen I started doing stock investing, I began sending off information requests to 70-120 companies at a time via mail. In those days, I would print off the letters at my computer, and mailing labels as well. I would generate the...
Read MoreIn much of my life, I have been thrust into situations for which I was not ready, and ended up rebuilding the wheel, or came up with an unorthodox approach that worked. But a lot of the problem came down to the question of time...
Read MoreFirst, the promoted penny stock scorecard:TickerDate of ArticlePrice @ ArticlePrice @...
Read MoreToday I received in my e-mail missives from:Hoisington Investment ManagementMichael Pettisand John MauldinI have come to value each of their opinions. Hoisington has been one of the leading deflationists for the last 20 years,...
Read MoreWhen I first saw the book, and read the introduction, my heart sank and I said to myself, “I doubt I will like this one.” I was wrong, very wrong, and liked the book more and more as I read it. The author is a...
Read MoreYou might remember my “Education of a Corporate Bond Manager” 12-part series. That was fun to write, and a labor of love, but before I was a corporate bond manager, I was a Mortgage Bond Manager. There is one main...
Read MoreI’ve had good returns on bonds over the last year, largely because I invested in long deflation investment grade bonds. I took on a lot of duration risk by investing long, and it paid off. I’ve reduced the size of my...
Read MoreI have to admit I don’t have much sympathy for those who lent or borrowed at floating rates like LIBOR. Personally, I have always preferred fixed-rate deals where everything is locked in from the beginning. It means the...
Read More
