Book Review: The Alpha Masters
This book has just been released. I got an early copy. The book is interesting enough that I would like to do a Q&A with the author, and I have contacted the PR flack to do so. To the review: Would you like to understand the mindsets of a variety of successful hedge fund...
Book Review: The Little Book of Emerging Markets
This book is written by one of the foremost stock investors in emerging markets, Mark Mobius. This is a short book that has little to no math in it, and few graphs. It can be read in 2-3 hours. The edge that this book will give you is understanding the limitations of emerging market investing. ...
Sorted Weekly Tweets
Market Dynamics On Paradigm Shifts http://t.co/h68quEDX Hunter takes us through mental exercises 2 make us intelligently contrarian. “Invert, Always Invert” May 02, 2012 Hedgers’ net short position vanishes in US oil http://t.co/X0hLOWGB Commercial interests do not fear lower prices, could be bullish 4 crude May 02, 2012 There’s Plenty of Money for Junk http://t.co/vXML0Bao...
Book Review: Abnormal Returns
I consider Tadas Viskanta to be a friend of mine. I write my eclectic blog, and Tadas occasionally features me on his daily curation of the economics/finance/investment blogosphere. But it is not friendship that leads me to write the following: this is a really good book. Why? Every day, Tadas curates the best thoughts in...
More on Penny Stocks
The main idea is this: if any unpaid third party recommends a stock to you, avoid it. I am not talking about the media here, but those who are paid to advertise stocks. My example tonight is Circle Star Energy [CRCL.OB]. This is another company with negative earnings, negative book value, and no revenue. It...
Redacted Version of the April 2012 FOMC Statement
March 2012 April 2012 Comments Information received since the Federal Open Market Committee met in January suggests that the economy has been expanding moderately. Information received since the Federal Open Market Committee met in March suggests that the economy has been expanding moderately. No real change. Labor market conditions have improved further; the unemployment rate...
Redacted Version of the April 2012 FOMC Statement
March 2012 April 2012 Comments Information received since the Federal Open Market Committee met in January suggests that the economy has been expanding moderately. Information received since the Federal Open Market Committee met in March suggests that the economy has been expanding moderately. No real change. Labor market conditions have improved further; the unemployment rate...
Book Review: The Facebook IPO Primer
There is more money to be lost than made in most controversial IPOs, on average. Don’t get me wrong, this is a good book, and the author knows what she is talking about, but whether one should buy Facebook in its IPO next month is a huge open question, and I would encourage you to...
Sorted Weekly Tweets
Busy week last week. Here’s the economic and other news: =-=-=-=-=-=–=-=-==-=-=-==-=-=-=-=–==-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=- China Bloomberg: Inflated Notions http://t.co/hvMoIFH6 Patrick Chovanec questions whether Chinese economic statistics are correct. $$ Apr 22, 2012 China’s Political Stability Questioned, while Deposit Withdrawals Accelerate http://t.co/X9kJ9oZb Deposits exit China’s banks; many worry $$ Apr 22, 2012 Asia dominates new treasury purchases http://t.co/BXvgGQRi...
Gold does Nothing
Gold does nothing, and as Warren Buffett said in his recent annual report: Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce –...
A Pox on Promoted Stocks (2)
By this time, I would think that it would be worth the the time of penny stock promoters to put a big red X over my house, and not send me any more promotions. But alas, I got another one, Stevia First, Inc. This is a weird one, a really, really weird one, as I...
Book Review: How Markets Really Work
Do you want to make money in the short run? Beat the markets? This could be the book for you. I am a longer-term investor, but this book looks at a lot of strategies that are commonly understood by traders, and finds that the traders are wrong. What are we talking about? For the most...
