August 23, 2010 - Quote of the Day
?'Patience is underrated,' said Steve Wozniak, creator of the first PC and cofounder of Apple.
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?'Patience is underrated,' said Steve Wozniak, creator of the first PC and cofounder of Apple.
Featured Trades: (COMMODITY OVERVIEW), (FCX), (VALE), (RIG), (JOY), (CCJ), (FSLR), (UNG), (USO), (MOO), (DBA), (MOS), (MON), (AGU), (POT), (PHO), (FIW) 2) Don't Buy Anything That Can Be Created With a Printing Press. I just want to take a moment to provide the long term view of commodities. This is my favorite asset class for the
Featured Trades: (POT), (BHP), (VALE), (MOS), (AGU) 1) BHP Billiton Develops an Appetite for Potash. BHP Billiton's (BHP) low key, South African CEO, Marius Kloppers, has announced that he is making a hostile takeover bid for Potash (POT) for $39 billion, or $130 a share, a multiple of a mere 13 times earnings. POT
Featured Trades: (FRONTIER MARKETS), (GXG), (FRN), (FFD), (TFMAX) Claymore/BNI Mellon Frontier Markets ETF Global X Interbolsa FTSE Columbia ETF 2) Hedge Fund Managers Head For the Frontier. No, they are not donning a Stetson, cowboy boots, and a six gun to fight Indians in the Wild West, where I live. Their never ending reach for
'Bull markets are born on pessimism, grow on skepticism, mature on optimism, and they die on euphoria,' said my late friend, Sir John Templeton, over lunch at his home at Lyford Cay in the Bahamas.
Featured Trades: (FOR PROFIT EDUCATION), (APOL), (DV), (CPLA), (COCO), (STRA), 1) For Profit Education Jumps From the Frying Pan to the Fire. On Friday, the Department of Education released data showing that the student loan repayment rate at some schools was as low as 25%, and that it would take action to disqualify these schools
Featured Trades: (CHILE), (ECH), (CU) iShares MSCI Chile Index Fund ETF First Trust ISE Global Copper ETF 2) Why Can't We Be More Like Chile? I just want to pass on some data forwarded to me from my extensive band of Chilean readers in response to my recent piece, 'Chile is Looking Hot' (click
Featured Trades: (CHINA), (TAIWAN), (JAPAN), (FXI), (EWJ), (EWT) iShares FTSE/Xinhua China 25 Japan iShares ETF Taiwan iShares ETF 3) It's Official: China is Number Two. With China's (FXI) economy rocketing at 8%-13% quarterly growth rates, and Japan (EWJ) plodding away with meager 1%-2% rates, it was only a matter of time before the Middle Kingdom
Featured Trades: (CNBC SPOOF) 4) Trashing CNBC on a Slow Day. With trading volume dropping through the floor the market has gotten so boring that I have run out of things to write about. So I can either pump out a mediocre piece of crap that you will probably lose money on, like the other
'A slave with three masters is a free man,' said guru, Peter F. Drucker, in his classic tome on management, The Essential Drucker.
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