Search results

Absent very innovative public policy, I think another decade of economic stagnation is likely. I'm as bearish as they come, but I think there is light at the end of the tunnel. Here's why: The American consumer has become involuntary frugal, which is a nightmare for business margins. Habits...

He has a personal stock portfolio separate from Berkshire which generates taxable income.

Wealth redistribution isn't about voluntary sending in a check to the IRS if you feel too rich, but forcefully getting others in your position to do the same. The signs should read "tax me and others like me more". If the government had a better track record of spending public money I think...

There really is no "I made $x amount" in trading. Anything and everything is liable to be given back to the market on the next trade. If business if you make $x amount on a deal, you can mostly prevent giving it back it on the next deal.

Forget about "back to the future" time travel for a second. Its not happening anytime soon. Information time travel however maybe possible shortly. According to CERN scientists, neutrinos can travel a hugely significant 20 part per million faster than light!!! This could have profound...

I agree and think the SEC is overreaching. The SEC going after a very broad strategy of what constitutes insider trading with this one. The only legal action I see here is essentially a misappropriation of trade secrets / intellectual property. Goldman Sachs would have standing as the plaintiff...

Go be a trader. Nobody who goes to med school looking to make money as a doctor succeeds.

There is always a shortage of talent. There is always employer and employee whining. If these employers actually were willing (and patient and well capitalized enough) to train their workers, they could get good internally developed people. So this employer just wants qualified people who...

My best advise is "go where your edge is the greatest". Wether that's running a business, gaining secondary education, investing, or just working a plain old vanilla job. If you can't make any money at something and your goal is to make money, try something else!

That is a huge number crossing the headlines. http://finance.yahoo.com/news/Bank-of-America-will-cut-apf-1897361930.html?x=0&sec=topStories&pos=main&asset=&ccode=

Canadian stocks are a decent inflation hedge. If inflation is high, commodity currencies like the CAD generally perform well AND the resource driven equities on the TSX.

Although this is admittedly unscientific, avoid western digital. I've had failures with WD drives. I've never had a failure with a seagate drive. If you want speed, make sure you get USB 3.0. It's blazing fast, even if you have a USB 2.0 port.

Don't sell you business. It may be hard work, but now you know you can sell your business if need-be. Better to grow it into something large enough to retire from. I know the idea of cashing out is tempting, but people tend to do this just before the big money is about to be made. What is it the...

Are your sure this is not stock-specific due to accounting irregularities or securities fraud class action, etc? If not, this suggests that market is under strain resulting in a breakdown of the typical black-scholes pricing model. Option market-makers simply do not want to be short puts, and...

I never heard of globex stock index futures trades being busted. Not so long ago some DXY index futures trades got busted, when it got very out of alignment with it's currency basket. Read the rulebook if you really want to know, but imo there are much bigger risks.

Jim rogers is a broken record: "buy commodities". Well, he seems to ignore the effects of backwardation roll on commodity investments, which is a severe drag to performance. He never mentions such costs in his book "Hot commodities", a severe omission. If roll costs are high enough, you can...

This is all too reminiscent of the 2008 crash. If investors are twice burned, I would imagine the capital markets of 2015 will be very different from those of 2005. Lower liquidity, higher flotation costs, general stagnation or worse. There is only so much pain the longs can take before they...

What people don't seem to be talking about, is the cumulative effect of having 2 back to back recessions on GDP. GDP still has still not recovered to pre-recession levels; I have read GDP is still >5% below pre-recession levels. If another recession strikes, even if it is not as severe as the...

The equity markets are managed by the govt in blatant and subvert ways. Blatant management: - Cutting fed funds target down to 0-0.25% from just over 5% interest rate causes the relative stock earnings yields to be worth more. - QE 1, & 2. Both of these events caused a rally, arguably to...

If there is a collapse, it will likely be even quicker than the 2008-09 drop. Equity investors aren't apt to repeat their recent mistakes by holding positions going into a recession. This correction has already been significantly swifter than normal.