Monthly Archives: August 2011

Time to Tiptoe In?

The conventional wisdom is to be unconventional, contrarian. And this is very difficult. Buying when things look darkest, buying when everyone is selling, buying when there is blood running in the streets. Depending on who you read and how you … Continue reading

Posted in Fundamentals, Happy Days | Leave a comment

Running Against the Traffic

You don’t get rich running with the herd, particularly from the tail end of the herd. You can be prescient (i.e., a working crystal ball), lead the herd (e.g., pump and dump schemes or simply be a stock writer with … Continue reading

Posted in Fundamentals, Happy Days, Unhappy Days | Leave a comment

Should you follow Buffett into Bank of America?

Should you follow Buffett into Bank of America? post on MarketWatch.com. Short answer in the subtitle: “Ordinary investors don’t get the Oracle’s preferred deal”. He bought preferred stock at an incredibly good price that us ordinary folks won’t get. If … Continue reading

Posted in Fundamentals | 1 Comment

Hindsight is 20/20, How’s Your Foresight?

Recent post on MarketWatch.com about Retirement savers who didn’t blink saw big gains. I’m trying to convince the wife to let our equity mutual funds ride. We don’t have to sell them barring the Armageddon scenario. Most pay us to … Continue reading

Posted in Fundamentals | Leave a comment

Investing in Microcredit

Microcredit is very small loans to the poor, tens to hundreds of dollars, usually in the developing world.  Thomas Kostigen has an article on MarketWatch.com suggesting that Microcredit could be safer than a Treasury.  He makes an interesting argument that … Continue reading

Posted in DWS | Leave a comment

Just Who Are We Bailing Out?

My criteria for recommending an article or blog post is that it has to contain information new to me, or organize known information in a novel and enlightening way. Stop the Greek hostage crisis! is mostly the latter. I think … Continue reading

Posted in Fundamentals, Unhappy Days | Leave a comment

The “Through the Looking Glass” World of Bonds

Just when I think I understand bonds, they throw me another screwball.  For most bonds, a downgrade would mean the price drops.  Read Chuck Jaffe’s Why bond market reaction wasn’t what you expected for a very plausible explanation of why … Continue reading

Posted in Fundamentals | Leave a comment

Evil Plans, Unfair Advantage, and DWS

It is interesting when readings in one area of my life pop up in another.  I read Hugh MacLeod’s “Evil Plans : Having Fun on the Road to World Domination” earlier this year based on recommendations in the entrepreneur/startup community.  … Continue reading

Posted in DWS | Leave a comment

Mohammed El-Erian on the Debt Ceiling

One of my favorite financial people is Mohammed El-Erian of PIMCO.  Very knowledgeable and understandable.  There is a long video interview (21 minutes) on MarketWatch.com about the current world financial situation, particularly how governments are dealing with it.  He doesn’t … Continue reading

Posted in Fundamentals | Leave a comment

Buy in March and Go Away?

Alternate title: “How to Take Advantage of Pressured Selling of Tax-Exempt Bonds by the Rich”.  Several years ago, I read a financial writer who claimed that the rich pay their taxes by selling tax-exempt bonds.  This really came back to … Continue reading

Posted in Happy Days | Leave a comment