Sunday Morning Coffee
A few days ago Google announced a stock dividend (essentially a stock split) whereby the price of one share their current class A shares will be cut in half price-wise and they will get one share of a new class C share that will start at the same price...
A Response to Chuck Carnevale
An advisor/blogger named Chuck Carnevale wrote a post called Volatility is not Risk which he said was "inspired" by my post from last Sunday. Here is a link to the Seeking Alpha version which drew a lot of comments as of the last time I looked. Chuck w...
BOOM! Goes the Social Security Assumptions
There was an article in the WSJ yesterday about the IMF warning anyone who will listen that models for life expectancy currently being used by pensions and government entitlement programs underestimate how long people will live. The conclusion was that...
Small Trade Executed
Late in the day yesterday we bought shares of Kinder Morgan (KMP) for most large accounts that did not already own it (large being defined as large enough where using mostly individual stocks with a few ETFs mixed in makes economic sense).This year we'...
13F ETFs Are Coming! Stay Away!!
For many years I have been saying that the ETF industry will continue to offer products that offer exposures that were not previously available to retail investors. Some of these will be very useful like, IMO, foreign bond exposure. Not as useful will ...
Sunday Morning Coffee
Barron's had a recurring theme this weekend about complacency toward risk and the amount of risk that investors now appear to be taking. As for complacency the Striking Price column included the following; "Selling puts that are 5% or 10% below ...
The Big Picture for the Week April 8, 2012
There were a couple of articles this week about retirement planning. This one from Market Watch says the 4% withdrawal rate doesn't cut anymore because people are living longer and this one from the Washington Post (via Barry Ritholtz) casts serious do...
What Do Reserve Currencies Mean To You?
Yesterday FT Alphaville had a short bit about whether the Australian dollar was becoming "a" reserve currency. I put "a" in quotes because it would be hard to figure how there would be a bunch of reserve currencies--if there were, then it would b...
What Do Reserve Currencies Mean To You?
Yesterday FT Alphaville had a short bit about whether the Australian dollar was becoming "a" reserve currency. I put "a" in quotes because it would be hard to figure how there would be a bunch of reserve currencies--if there were, then it would b...
What Do Reserve Currencies Mean To You?
Yesterday FT Alphaville had a short bit about whether the Australian dollar was becoming "a" reserve currency. I put "a" in quotes because it would be hard to figure how there would be a bunch of reserve currencies--if there were, then it would b...
Deep (Portfolio) Thoughts With Marc Faber
Marc Faber's latest thoughts are making the rounds including in this blog post from the WSJ. The big picture view is that Faber thinks inflation will erode the assets of the wealthiest among us. More interesting was Faber's idea of a sort of everyone i...
Apple Does All the Heavy Lifting?
This week's Barron's Technology Trader column made an interesting point about Apple (AAPL). The focus of the article was the extent to which Apple's results, by virtue of the company's massive market cap, have contributed to the top down results of the...
