
Dear Readers, New asset management shops start small. One of the luxuries I have had for the past 18 years is access to a Bloomberg Terminal. I will not be able to afford one ($20-25K/year), at least not initially, as I start up what is likely to be called Aleph Investments. I will miss...
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Tags: Blog News, Macroeconomics, Portfolio Management, stocks, Value Investing
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I delayed writing about this for a few days to give Finacorp time to take care of a few items. Here is what Finacorp distributed to clients last week:
— for legal reasons, I have had to take that down. Let’s just say that I am without employment at present.-==–==-=-=–==-=-=-=-=-=–==-=-=-=-=-=-=-=-=-=-=-=-=-
I have nothing but gratitude...
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Tags: Blog News
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One quick note for readers before I begin: I passed my Series 86 exam with an 88% score. I did better than I expected. Now I am studying for the 87 — my how interesting it is to study law… BTW, the next book I am reviewing is Confidence Game.
The Great Reflation
I wish I...
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Tags: Blog News, Bonds, Book reviews, Fed Policy, Macroeconomics, Portfolio Management, public policy, stocks
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Every hundred posts, I take a step back and try to consider where we have been. Perhaps because it is recent, I will examine my move to use Twitter. I have been on Twitter for 3 weeks, and I have 350+ followers. If you want to follow me on Twitter, you can do so...
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1) After reading a piece on Falkenblog yesterday, I decided to add up all of the profits from Fannie and Freddie over the last 20 years. Ready for how much they made? Ta-da! They lost $114 billion.
When writing at RealMoney, I was always skeptical of the GSEs, and felt that they were too lightly...
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Tags: Academic Finance, Blog News, Bonds, currencies, Macroeconomics, Portfolio Management, public policy, Real Estate and Mortgages, stocks, Structured Products and Derivatives
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Three years at The Aleph Blog? Has it been that long? Yes, the Shanghai crisis is that far in the past, which foreshadowed our current troubles, though I denied it at the time at my new blog.
Why do I write here? Is it for fame? There isn’t much of that. Money? Sorry no, I...
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Tags: Blog News
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The place that got the most snow during the recent storm was Howard County, Maryland. Elkridge had 38″, Columbia 34″, and at Aleph Blog Global HQ we got a measly 30″. Here are some photos:looking out the front of the houseback deck from the inside…and the back deck from the outside…looking up the street…icicles...
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Tags: Blog News
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The place that got the most snow during the recent storm was Howard County, Maryland. Elkridge had 38″, Columbia 34″, and at Aleph Blog Global HQ we got a measly 30″. Here are some photos:looking out the front of the houseback deck from the inside…and the back deck from the outside…looking up the street…icicles...
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Tags: Blog News
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Before I start, I would like to toss out the idea of an Aleph Blog Lunch to be hosted sometime in January 2010 @ 1PM, somewhere between DC and Baltimore. Everyone pays for their own lunch, but I would bring along the review copies of many of the books that I have reviewed for...
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Tags: Blog News, Fed Policy, Industry Rotation, Macroeconomics, Pensions, Personal Finance, Portfolio Management, public policy, Real Estate and Mortgages, Speculation, stocks, Structured Products and Derivatives, Value Investing
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I like investing internationally, because of the diversification it offers, both in stocks and bonds. Or, think of it as a hedge. Will the American Experiment continue to prosper? We have come a long way from the Founding Fathers, and more than half of it is not good.
But there are some place in our...
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Tags: Asset Allocation, Blog News, Bonds, currencies, Ethics, Fed Policy, Pensions, Portfolio Management, Quantitative Methods, Real Estate and Mortgages, stocks, Value Investing
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