I am republishing what I added to yesterday’s post, and adding onto it, because many readers would have missed it. -==-=-=-=-=-=-=–==–==-=-=-=-=-=-=-=-=-=-=-=- In the cold light of morning, I have thought of one more issue… why...
Read MoreDavid Sokol knows how Buffett and Munger think. He knows what would be attractive to them. So, even if the initial comments from Buffett were negative on the purchase of Lubrizol, Sokol, having more data, could be confident,...
Read MoreThis should be a short post. QE2 — for the most part, the Fed has bought shorter nominal (non-inflation protected) Treasury notes. Now, we knew from the beginning that the Federal Reserve would buy the grand majority (94%) of...
Read MoreI have had two prior posts on this topic, and I can tell you that Bonanza Goldfields and GTX Corp both cratered though they still live, sort of. Bioneutral has done poorly, but has not cratered. So today, while I was reading an...
Read MoreImagine for a moment that the US Government decided to end all taxation in order to “stimulate” the economy. “Wait,” you might say, “The deficit is bad enough today, how can we let it get any worse?” A US Treasury Department...
Read MoreBefore I start this evening, anyone who can point me to people with little or no emotions, or Asperger’s disease, who are good investors, could you send me a link? I am not looking for Michael Burry stories. I am looking...
Read MoreThe genre of personal finance books is crowded. I have read my share of good and bad books in this area, and the book that I am reviewing this evening falls in the good column. It covers all of the main areas of personal...
Read MoreWhen you have 17 books read and ready for review, you take a step back and say, “Are there any common themes here?” I have three books that attempt to predict the future, and I play them against themselves here. They give...
Read MoreOne of my readers made some good comments, and asked some good questions, so I am responding here. From the article, Dave, What Should I Do? (3): DM: Some of my friends want to invest with me, but I am not a total solution to...
Read MoreWith my portfolio management rules, one implicit idea is that I am not managing for the near future. The near future is a crowded trade. How is it crowded? High frequency traders schnitzel away at the bid-ask. Day traders...
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