New high! (Zzz.)
by“The FTSE 100 has at last topped the record it set at the close of 1999. Should Britons celebrate ? Probably not.” – John…
Warren Buffet
An open letter to Warren Buffett
byMr. Buffett: You have been quoted time and again, without any denial on your part that I am aware of, as having said, “There’s…
What gives money value, and is fractional-reserve banking fraud?
byI thought I should address a couple of points that I consider to be misconceptions and that frequently come up in discussions with the…
Consider a crash course in money, Mr. Buffett
byDear Mr. Buffett, Now that my hair is grey and since I’ve learned so much from you over the years, I feel compelled to…
Beware false idols
by“Playing with expectations works temporarily. The risk-on trade is in a mini bubble, as today’s buyers want to be ahead of the slower ones….
Buffett’s $5 billion ‘vote of confidence’ in Bank of America
byWarren Buffett is the most successful investor on the planet and a very smart fellow. His core team also gave me a job in…
Billionaire Defender of the Statist Quo
byPsychologists should have no problem explaining our tendency to readily attribute success in investing or trading to skill and not luck. This tendency is…
Dear Uncle Sam: the Director’s Cut
byDear Uncle Sam, My mother told me to send thank-you notes promptly. I’ve been remiss, but you know, with my firm’s revenues up 30%…