When I read this post by Ivan Hoff, I decided to look at the new high and new lows lists, which I never do now, but used to do regularly back in the days when I read a paper Wall Street Journal every day. Now our philosophies...
Read MoreThis post isn’t for everyone. My target is mostly college students, and parents with children who are getting close to adulthood. Others may benefit from it, because we all have younger friends that we want to help.What to...
Read MoreVia Tadas Viskanta of Abnormal Returns, Zestinvest.com approached me regarding and intriguing promoted stock, Implant Sciences [IMSC]. Read his article, he will say more about it than I will. From my angle, this is another low...
Read MoreOne of my rules of thumb in equity investing is that if I buy companies trading below tangible book value, with earnings yields over 10%, it is difficult to lose value, and the odds favor gaining value.But there are some...
Read MoreIf I had one bit of advice to reach the ears of Barack Obama, Mitt Romney, and Ben Bernanke, it would be this: stop the illusion that you have any significant control over the US economy. Government is designed for justice, and...
Read MoreI downloaded the data for LIBOR over the period 2005-2008, and decided to run regressions of the 3-month rates submitted from each bank versus 3-month LIBOR, since I think it is the most commonly used. Here are the results: Note...
Read MoreI note this article about Aviva plc. I took grief from Amerus Group’s IR department during the merger six years ago for my commentary at RealMoney. Here is an example of my writing that theStreet,com made public. Thanks,...
Read MoreWhen I was a life actuary, following the deferred annuity market, the concept of market-value-adjusted annuities arose. Annuity values could react like bonds to:An external index rate, or,An internal index, driven off of the new...
Read MoreI want to toss out an idea for comment regarding power outages. In the present storm, my power was restored within two days. The last time in August/September 2o11, it took almost seven days.When large disasters occur, utilities...
Read MoreWhen politicians don’t have answers, they blame speculators, financiers (Wall Street), or foreigners. They do anything to take the spotlight off their culpability or ineptitude.The above saying is similar to the idea that...
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