I do not worry about inflation because the world is different.
In the last big bout of US inflation we had Reg Q which limited the interest financial institutions could pay on demand deposits. There were no money market funds at the start of the big inflation. I can’t remember, but I […]
There was an housing expert on Bloomberg news radio today. I did not catch his name. He was a big name in the field, affiliated with Columbia and had a book out recently.
Here’s a paraphrase of what he said (and any misstatement is my fault entirely). The economists and financial professionals missed […]
That is a good one. BP, a petroleum company wilth billions in reserves, drilling platforms. mineral rights, and retail distribution, advertises itself as
BEYOND PETROLEUM
Can any politically correct nonthinking feel good message exceed this in stupidity?
If BP did not have assets related to petroleum, I would have no interest in it. An experimental […]
I picked up The Only Investment Guide You’ll Ever Need when I was young. It totally changed my viewpoint about investing.
The big lessons I took away were:
1. You cannot delegate running your money. When it comes to money, no one will protect your interests as well as you will. No […]
It’s not only me.
The manager of Yale’s endowment, David Swensen, earned an average of 16% per year for the 20 years of his tenure. According to the Wall Street Journal:
Five years ago, Mr. Swensen set out to write a book that would bring the lessons he learned to individual investors. Instead, he says he […]
Many blogs and mainstream investment web pages offer advice to the novice investor, too many. An older investor with a larger portfolio has a dearth of reliable sources for investment advice.
For years now I thought that Money Magazine, or Kipplinger’s were too basic. They seemed to offer the same advice over and […]
What is all this daily harping in the MSM about the trade deficit? Remember,
“By economic definition, a persistent trade deficit can only exist if there is a corresponding capital surplus”.
Those headlines and stories could just as truthfully say: “Record capital account surplus continues for United Stares.” However, that would not serve the […]
Some volunteer investors to help fill out the listing of S&P 500 corporations investor relation pages found at right. If you know of the URL of the investor relations web page of some major domestic corporations, or are willing to look up the same, please either use the contact page or post a comment below. […]