From the category archives:

Investing

Kyle Bass Latest Missive

February 18, 2011

Here is the latest investor newsletter from hedge fund manager Kyle Bass (h/t Zero Hedge). I have referenced Bass in previous posts as he really puts the big picture in perspective. Like me, Bass believes the systemic risk still remains in the economy. Everyone acknowledges that the last crisis was caused by excessive leverage and [...]

Read the full article →

Grantham Talks Stock Market

November 18, 2010

Great interview by Jeremy Grantham, the lead manager of GMO Asset Management. Jeremy is one of the most astute market historians who has made several succinct calls including the recession and 2009 rally. This is a long interview, but it is well worth listening to. Below the video I have attached GMO’s 7 year forecast [...]

Read the full article →

Great Understanding of World Debt Problems

November 4, 2010

This is a solid interview featuring Kyle Bass, a hedge fund manager who profited nicely from the housing crash. He puts the debt problem in perspective as far as how to navigate the problem as an investor.

Read the full article →

The Illusion of No Transaction Fee Funds

September 1, 2010

Here is a great article on Kiplinger’s by my friend Steven Goldberg. I have howled for years about the No Transaction Fee (NTF) platforms of the discount brokerages like Charles Scwab, TD Ameritrade, and Fidelity. In fact, I have some clients who have given me a limited power of attorney on their accounts at these [...]

Read the full article →

Bond Market vs. Stock Market Follow Up

August 15, 2010

I think this is an important issue to follow, and Barron’s has an article discussing this very topic. As I mentioned in my previous post, the bond market and stock market are telling us two different stories. The bond market sees an economic downturn while the stock market calls for clear skies ahead. Usually, the [...]

Read the full article →

Mourning Losses of 2008

July 21, 2010

Here is an article written by Eileen Ambrose of the Baltimore Sun that features some comments from me. Essentially, Eileen talked with Andrew Lo, a professor at MIT, where he compared investors’ behavior with the five stages of grief. He believes we are in the fourth stage of depression. Next, he believes acceptance will follow. [...]

Read the full article →

Another Article on Fiduciary Standard

May 16, 2010

I have been following the debate in Congress about a fiduciary standard.  Here is another article from the Wall Street Journal discussing this very topic. The article begins describing the standard, which essentially means a legal requirement to put your client’s interest first, above all others, including your own. At issue is whether a financial [...]

Read the full article →

Interesting Focus on Banking Profits

April 16, 2010

Bank of America released their earnings report today, and Street seems to like them. What catches my eye about BofA and JP Morgan, who released yesterday, is the profits come from non-banking activities. Aren’t banks suppose to make money by lending to consumers? Most of the profits are coming from trading activities and investment banking [...]

Read the full article →

1907 vs. 2009

April 5, 2010

Interesting chart from the Chartstore (tip of the hat to Ritholz) comparing the markets of 1907 to 2009. In 1907, the market faced a panic led by a bank run. This was the panic where JP Morgan (the man, not the bank) led the banks out of the crisis. He did so by letting the [...]

Read the full article →

Battle of the Bond Gurus – Excellent Video

April 4, 2010

Here is a clip to a debate between Jim Grant and David Rosenberg; two of the best economic prognosticators in the business today. I read everything I can from these two guys, and it has a material impact on my investment choices for me and clients. What scares me is these two mentors from afar [...]

Read the full article →

← Previous Entries

Next Entries →