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Random question: Isn't a breach of Fiduciary duty when Buffett calls for higher capital gains taxes being the CEO of BRK?Couldn't he be sued for that?

Hatzius seem to be calling for a IOER cut tomorrow(Or 'demanding' according to the resident lunatics). I'm not sure this is going to happen at all. It seems to me that the Twist should be controversial enough, probably drawing 3 dissents. I don't think they cut those rates

I sold my EUR/CHF on the spike, it was a small position. But my lunch is paid today :p

http://www.imf.org/external/pubs/cat/longres.cfm?sk=24144

A chart to keep in mind when people try to convince you that the universe is about to end and risk assets will go down forever http://www.businessinsider.com/lets-be-honest-were-seriously-due-for-a-bunch-of-sovereign-defaults-about-now-2011-9 The world has came back from many debt crises before

In order to make sure the capital won't be spent away you just need to calculate a 'burn rate' that is low enough that will make the capital very likely to outlive her, based on average life expectancy plus some kind of safety premium. My own parents have become millionaries(in reals) as a...

Also I would totally discourage her from wanting to know the fluctuations since this can have a big impact on her health

You don't mention the total amount of savings she has. If she needs that $1.4K not matter what every month you wont be able to take lots of risk of course. I would put the minimum amount on risk assets to generate $X a month, where X is $1.4K minus the risk free yield she can earn without taking...

Don't have the time nor the inclination to have to research dozens of companies. If not the main index I might just buy the bank index but I think they need to default hard first

Greek stocks might be a buy soon. I probably need to start to research them more. 2009 XLF moment http://www.tradingeconomics.com/greece/stock-market

DB on the HKD trade http://www.scribd.com/fullscreen/65252889 They are totally skeptical that the HKMA would revalue, say things have gotten worse in the past. But the article was written in Nov 2010, the main difference to right now are -Fed's 2013 pledge, this is a big thing in my view...

Former IMF head Dominique Strauss-Kahn said that forcing Greece to pay back its debts would unacceptably impoverish the country, and that everyone must be willing to accept losses on Greece’s debts. “They can’t pay,” Strauss-Kahn said in his first interview yesterday since charges of...

I'm talking about an emergency trade in a vacation or something. Not an everyday thing

I believe I will risk about 3% on the USDHKD side(1.5% worst case scenario I mentioned of upperband + carry of 12 months + spread) and structure the EWH short in a way that a 10% rally will cost me about 1.5%. A 20% rally(everything is fine, bubble continues) 3%, which I expect to make it back...

I began to build my HK position. I shorted USDHKD and shorted EWH as a hedge that is also a macro bet HK housing market was selected the 2nd most overvalued in the world(After Australia) by the economist. Also if europe implodes or the US goes into recession, global equities should drop...

Is it possible?

Interesting data http://www.globalpropertyguide.com/Asia/Hong-Kong/gdp-per-capita-growth-5-years http://www.globalpropertyguide.com/Asia/Hong-Kong/price-change-5-years HK is the leader in price increase even though its per capita income during that period wasn't anything great. This 5 year...

HK wages http://www.censtatd.gov.hk/FileManager/EN/UTIL_STAT_CHART/019chart01.gif

I suppose one difference is that HK is at the top of the economist list of countries 'most likely to overheat' along with Argentina and Brazil. And this is just speculation on my part but I think the facts support but it seems that HK has less control of the rates banks lend at(and lending in...

Does anyone know if these options are available to the retail crowd?