RAVEN

Jim Rogers: Lessons from a Legend

I have trouble when I hear JRogers say he recommends becoming a farmer or buy land in Iowa or whatever. His own children are not doing this. They are being groomed to be commodity traders (mandarin-buyer, spanish-seller).

Its not that commodities aren t important or that Keynesian strategies do not have consequences. But, we do need educated managers in the USA. To avoid an MBA may not fit the goals of the student...

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IP address out of mainland China, perchance?

Sometimes you pay either way: Utah has approved $47.3M in tax credits over 20 years for Goldman Sachs (GS) in hopes the firm will follow through on adding 500 state jobs rather than picking up and moving elsewhere. (via)

Jobs...easier to pay a company to stay, then pay the unemployed to do nothing.

San Francisco Fed's Dreary Outlook

Man, I am no economist but why should keynesian theory work this time? The original plan of government spending was in England and the US when we had huge manufacturing bases/empires to buy from us. Am I missing something?

GM's new CEO, Edward Whitacre, knows nothing about the auto industry. But he's not worried: "A business is a business, and I think I can learn about cars. I’m not that old (67), and I think the business principles are the same." Many who know him tend to agree.

Considering its the government running the show anyway he may be right.

Geithner's Obeisance to Chinese Officials Reveals U.S. Weakness

Well said! Whether its bowing to the Saudi King or to the Chinese, the US government officials are acting like they need to borrow a lot more money. Not run a deficit of 3 percent GDP. I want to have my money backed by gold, too. I guess that makes me like the Chinese...a little bit.

Australian senators turn up the opposition to a proposed $19.5B investment in Rio Tinto (RTP) by Chinalco (ACH) in a video ad calling on the goverment to block Rio's asset sales to "foreign governments." "You sell the milk not the cow, and we should be selling the minerals and not the mine."

I remember US Senator (NY-D) Charles Schumer decrying foreign capital investments. Then when it was time for the sovereign funds to save his voters' jobs by buying banks's shares he was quiet supportive.

You either have to be against the free flow of capital or against it. Hypocrites can have it both ways...

Replicate The Yale Endowment With These ETFs

ALSO, IF YOU READ THE BOOK WRITTEN BY MR. SWANSON (ONE OF THE DIRECTORS OF THE FUND AT YALE) THEY REBALANCE OFTEN...READ WHENEVER THEIR TARGET RATIOS ARE OFF. THAT COULD BE DAILY. TRADING COST FOR SMALLER INVESTORS ARE IMPORTANT TO CONSIDER...

Replicate The Yale Endowment With These ETFs

GREAT COLUMN...UPDATES MONTHLY...YES!