July 6, 2012 - Quote of the Day
?When the fools are dancing, the greater fools are watching,? according to an old Japanese proverb.
Entries by DougD
The History of Technology
I have just finished leisurely reading Tom Standage?s book The Victorian Internet: The Remarkable Story of the Telegraph and the Nineteenth Century On-Line Pioneers. Standage discusses the creation and development of the telegraph system and how it revolutionized communication in the nineteenth century. The book claims that Modern Internet users are in many ways the
The New Cold War
My friend, Ian Bremmer of the Eurasia Group, a global risk analyst who I regularly follow, will soon publish another book entitled The End of the Free Markets: Who Wins the War Between States and Corporations. I find this highly depressing, as it takes me as long to read one of Ian?s books as it
July 5, 2012 - Quote of the Day
Sometimes we stare so long at a door that is closing that we see too late the one that is open,? said Alexander Graham Bell, inventor of the telephone.
SOLD OUT! Last Chance To Come Join Me for the July 5, 2012 New York Strategy Seminar!
Come join me for the Mad Hedge Fund Trader?s Global Strategy Seminar, which I will be conducting in New York, NY on Thursday, July 5, 2012. Coffee, tea, and soft drinks will be provided, but no food. A PowerPoint presentation will be followed by an extended question and answer period. I?ll be giving you my
July 3, 2012 - Quote of the Day
?The art of taxation consists of so plucking the goose as to obtain the largest amount of feathers with the smallest amount of hissing,? said Jean-Baptist Colbert, a 17th century French minister of Finance.
The US Balance of Payments Surplus in Education
I spent the weekend attending a graduation in Washington state, a stone?s throw from where the 2010 Winter Olympics were held last year. While sitting through the tedious reading of 550 names, and listening to the wailing bagpipes, I did several calculations on the back of the commencement program. I came to some startling conclusions.
July 2, 2012 - Quote of the Day
I enjoy issuing Berkshire stock as much as I relish preparing for a colonoscopy,? said Oracle of Omaha Warren Buffet of Berkshire Hathaway (BRK/A).
July, 2012 European Strategy Tour
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy lunches and seminars, which I will be conducting in Europe during July, 2012. A PowerPoint presentation will be followed by an open discussion on the crucial issues facing investors today. I?ll be giving you my up to date view on stocks, bonds,
I?m Heading Off to Europe
My tuxes are packed, the hotels are booked, and the limo is waiting outside. The Lear jet is fully fueled up and waiting for me at nearby Buchanan Field, the flight plan already filed. I am taking off for Europe today for a mix of business and pleasure. Along the way I will be meeting