WJM1998

Gold Is Not in a Bull Market

An excellent read. A very well-reasoned and thought provoking article.

More Heads on the CNBC Chopping Block as Financial Media Landscape Shifts

Very disappointed in the endless interruptions and talking over the guests and peers during interviews and discussions. True journalists should avoid injecting their opinions into the discussion and just ask the right questions. There is a carnival atmosphere to CNBC which wasn

Analyst Call on Baidu: Why Most Calls Are Useless

Chad hits the proverbial nail on the head with a very good example of a very bad analyst call. And exactly why are those guys paid so much for their hindsight?

You Don't Own Real Estate - It Owns You

An excellent distinction between the various types of real estate "ownership". As a real estate developer, I see many "wanna-be's" jump in and pay market price and more for a project. They don't understand that, at best, they only have a 33% chance of making a profit, as your article points out. This assumes that they don't run over budget in their construction which may put their investment costs beyond the project's future market value. Any fool can pay retail and work for nothing. An intelligent investor buys at a discount to the current market value because he or she recognizes that you've made or lost money the day you close escrow.