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You guys are a couple of bookies aren't you?

I wonder what the "governator" will do about this (if anything). 57% of Latino students graduating in 4 years? And they are becoming the majority of students in the state? Something is wrong somewhere....

There was a great article in the LA Times recently about "the death of Florida orange groves." Because of Atkins and competition from Brazil, the Florida OJ market is on the verge of a meltdown. Literally the worst its been in decades. Everyone in the world wants to get OUT of the OJ business...

A few breakthroughs that I've had: Breaking through the "matrix" that every trader seems to be in and viewing trading from a more objective standpoint. Turning off CNBC, getting away from gossipy message boards. Thinking much more indepedently. Modeling only the top traders in the world...

A few observations: There were more serious reports of rape, sodomizing, dogs bitting inmates, etc. Are these standard interogation practices? Why would anyone document and take photos of these events? Iraq was a full blown crisis before these photos were released. It's insane that...

Check out a 30 year chart of OJ and Coffee: http://www.mrci.com/pdf/charts.asp This is as close to a bottom as you're going to find in any major commodity. Looks beautiful for the next 3-5 years.

Buffett has stated in many interviews and articles about why he never bought into tech. He buys companies like Coke and Dairy Queen because he looks at competitive advantage and where the firm will be in 10 years (you can be pretty certain about where Gillette will be in 5 or 10 years). But...

Jim Rogers was in the original Market Wizards book and he's done incredibly well over the last few years. He made a brilliant macro call on commodities (starting a commodity fund in 1998!). He also bought Chinese B shares when they were in the toilet, he called the bond market bottom last...

I turn 26 in a few weeks and I'm extremely glad that I'm out of the age range of any type of draft. It's one thing to enlist to protect freedom and democracy for this country. But its quite another to get drafted into a war to protect Haliburton and their cronies in the Whitehouse! Iraq has...

If you're bearish on the Dollar long term, the biggest alternatives would be: Yuan when it becomes convertible Euro Strong asian currencies such as the Singapore Dollar If you're bullish on commodities long term, you could consider strong oil producing nations or raw material...

Jim Rogers (Rogers Raw Material Fund) is wildly bullish on commodities long term (the next 5-10 years). Coffee and OJ are among the few commodities still near multi year lows. Unless people stop drinking coffee and OJ, we're near some sort of temporary bottom. Coffee is forming an excellent...

I'm still thinking about a straddle play. It's way too dangerous to short and too expensive to buy. Up 13% today on nothing.

It looks like deja vu for the Donald. After a long period of success in the 80's, he took his eye off the ball and started focusing on things that didn't help his business empire. Too much glitz and not enough attention to the basics. After watching "The Apprentice" tonight, the same pattern...

That's a dangerous analogy to use. No wonder people don't trade better. Blackjack and trading are very different animals. In blackjack, the absolute best you can have is what, 1/2%, maybe 1% over the house. The odds in trading are completely different. Most people lose, not because of...

What do you all think about a TASR Sept '04 straddle play. You could buy the $100 puts and calls for $43 combined. Either the stock collapses by then or it could surge even higher $150, $175 $200? Or if you're really adventurous, start selling calls, say the $150's at $5. And pray!!

I believe conviction is what seperates the Buffet's, Soros' and Templeton's from everyone else. These guys and other billion dollar traders have such an iron level of conviction in what they are doing, there's no more guess work. Many people wrote off Buffet as an old fogy in the late 90's...

There was a nice op ed piece in todays LA Times about why oil is so much more expensive in the US vs the Euro Zone. We're paying more for oil, not because of the evil oil execs and a grand conspiracy, but because the dollar has been sinking in international markets. The cost in euros over the...

The writings by Gross are very telling. GE and GM are finance companies, not huge conglomerates. If interest rates go higher, suddenly half of GE's earnings are in doubt. How much of the S&P's earnings are finance and interest rate related?

A '29 style crash is always possible. Economies never grow so sophisticated that they can overturn human nature and the laws of supply and demand. The FED could drop $100 bills out of helicopters if they wanted to. But ultimately, those $100 bills are only worth what someone is willing to...

The only thing that has prevented a depression or serious calamity in this country is the brand name 'USA". No other country in the world could do what we've done if it wasn't for the dollar being the worlds reserve currency. Would you invest in a country with a 2% savings rate, with federal...