July 13, 2012 - Quote of the Day
?I?m long tear gas after the Athens experience. They are going to need that tear gas in Rome and Madrid at some point,? said Steve Cortez at Veracruz Research.
Entries by DougD
Last Chance to Come Join Me for the London Strategy Luncheon - July 16, 2012
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in London on Monday, July 16, 2012. A three course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving you my up to date view on stocks,
Enjoy the Dollar Rally While it Lasts
Any trader will tell you the trend is your friend, and the overwhelming direction for the US dollar for the last 220 years has been down. Our first Treasury Secretary, Alexander Hamilton, found himself constantly embroiled in sex scandals. Take a ten dollar bill out of your wallet and you?re looking at a world class
Why We Need Six New Saudi Arabia?s
I recently spent an evening with Ambassador Richard Jones, the Deputy Executive Director of the International Energy Agency in Paris, who had some eye opening things to say about the energy space. The IEA was first set up as a counterweight to OPEC during the oil crisis in 1974, and has since evolved into a
July 12, 2012 - Quote of the Day
?We?ve seen the S&P 500 drop 50% twice in the last decade. That is the new normal?, said Richard Kang of Emerging Global Advisors.
Frankfurt, Germany Strategy Luncheon - July 18, 2012
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Frankfurt, Germany on Wednesday, July 18, 2012. A three course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving you my up to date view on
July 11, 2012 - Quote of the Day
?Free choice is not relevant in financial markets because there are too many players. A stock with a million holders is much more predictable than one with five,? said Charles Nenner, of Charles Nenner Research in Amsterdam."
Peter F. Drucker on Management
If you have been living in a cave for the last 72 years and missed the work of management guru, Peter F. Drucker, here is your chance to catch up. I just finished reading The Essential Drucker, a weighty tome of 368 pages which summarized the high points and pearls of wisdom of the author's
July 9, 2012 - Quote of the Day
?We are still in the gravitational pull of the Great Recession. I would have to put the likelihood of a double dip recession now up to 50%,? said my old UC Berkeley economics professor, Robert
July 9, 2012 - Quote of the Day
?Earnings models that have worked over the last 10, 20, or 30 years don?t hold water anymore,? said Paul Schatz, president of Heritage Capital.