Quote of the Day: October 31st
"When you run in debt, you give to another power over your liberty,? said Benjamin Franklin.
Entries by DougD
March 30, 2010 ? Treasury Bonds Are Not for Me
Featured Trades: (TBT), (TBF)1) Treasury Bonds Are Not for Me. Last week's downward revision to Q4 GDP from 5.9% to 5.6% brings me to reiterate my advice to take profits in your long positions in the TBT, the leveraged short Treasury bond ETF. In the last year, the TBT has achieved seven 10% moves up
March 30, 2010 ? Time to Sell US Stocks
Featured Trades: (FXI), ($SSEC)2) Time to Sell US Stocks. So with the US stock market up almost every day in March, investors are hanging you by your ankles outside a window on a high floor, threatening to let go unless you increase your allocation to equities. How do you escape from this dire predicament? Buy
March 30, 2010 ? An Evening With Malcolm Gladwell
Featured Trades: (MALCOLM GLADWELL)3) An Evening With Malcolm Gladwell. I spent an evening with the New Yorker Magazine columnist, Malcolm Gladwell, author of The Tipping Point, Blink, and Outliers, and probably the most prolific publisher of original, consensus challenging ideas today. Half English and half Jamaican, the preeminent challenger of cliches and stereotypes was himself
March 30, 2010 ? 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).
March 29, 2010 ? The Mad Hedge Fund Trader?s Global Strategy Update
Featured Trades: (STRATEGY LUNCH) 1) Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in a number of venues around the country this year. The first two will be held in San Francisco on April 23, and in New York on May 7. A three
March 29, 2010 ? Enter the Golden Age for Hedge Funds
Featured Trades: (HEDGE FUNDS)2) Enter the Golden Age for Hedge Funds. I think we are entering a new golden age for hedge funds. I haven't seen as many visible, easy to understand growth differentials since the eighties since the last golden age, when we all made fortunes going long high growth markets and currencies, like
March 29, 2010 ? The Skinny on Batteries With John Petersen
Featured Trades: (JOHN PETERSEN), (JCI), (XIDE)3) The Skinny on Batteries With John Petersen. John Petersen is an attorney specializing in venture capital investments in the alternative energy space with Fefer, Petersen & Cie in Berne, Switzerland.? He argues that the entire electric car movement is a complete fraud orchestrated by a few big car companies
March 29, 2010 ? Quote of the Day
'Stocks have reached a permanently high plateau,' said Irving Fisher in 1929, one of the founders of the science of economometrics. Fisher lost a $10 million personal fortune in the 96% collapse in the market that ensued.
March 26, 2010 ? The Days Are Numbered for US Treasury Bonds
Featured Trades: (TBT), (TBF)1) The Days Are Numbered for US Treasury Bonds. I was so busy writing about the collapse of the yen yesterday that I didn?t have a chance to comment on the nearly failed Treasury auction. The government offered? $42 billion five year bonds for sale which came in at a surprisingly high