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36 Comments

    • Buying Dow for a Better Deal than Warren Buffett Got [view article]
      "...Assuming a consistent growth..."

      Don't
      Jul 12 10:15 PM
    • Buying Dow for a Better Deal than Warren Buffett Got [view article]
      "...Assuming a consistent growth..."

      Don't
      Jul 12 10:15 PM
    • Oil Companies Paid More Than Bottom 75% of Taxpayers [view article]
      Complete spin. Two-thirds of Americans pay more in Social security taxes than income taxes. So the GOPers who continually talk about "income taxes" are totally misleading.

      www.urban.org/publicat...
      May 26 08:31 AM
    • Who's Wrong About Inflation? [view article]
      Why doesn't one of the few remaining CDO /swap packagers put together a swap between the consumer expectations and the TIPs? May 20 07:03 AM
    • Zell's Trib: Ask Not For Whom the Cliche Buzzer Buzzes [view article]
      This explains those added billboards in Wrigley Field (as bad as those eyesore Under Armor logos and metal head music... if I hear 'Jump' one more time...)

      Zell's argument for naming rights sales of ballpark are that when he bought TRB, he didn't get a discount for naming rights.

      Excuse me. You didn't get the cash flow for them prior to the sale. So yes, you did get a discount for naming rights.

      Sell the name to "Old Milwaukee" or possibly "St Louis Tourism" 'cuz Sam, you'll be just as hated no matter whom you sell it to.
      Apr 07 07:40 PM
    • Is the SEC Really to Blame for Bear Stearns? [view article]
      The SEC should ask, is this bank "too integral to fail?" If the answer is yes. It should be broken up. That's the only way to allow the self-regulating mechanism to work, otherwise managers - and counter parties - can be assured they'll be bailed out. It's not so much the SEC but Bush's FTC that is to blame. Apr 05 09:43 AM
    • Breaking Up Is Hard To Do [view article]
      If the outcome of an M&A situation results in something that's too-big-too-fail, it should not be allowed. It something is already too-big-too-fail it should divest itself.

      Otherwise, pay extra insurance to the government
      Apr 05 09:39 AM
    • Payrolls Drop - And You Ain't Seen Nothin' Yet [view article]
      Financial terrorism? Look, a capitalist economy creates a lemming-like over investment, because people are followers. Those mal-investments need to be corrected, usually with price drops for the asset. We'll be sing that in real estate of the coming years. Price drops.

      That's what they mean by a business cycle, but a better term is a self-correction for mal-investment. Those people whose jobs depended on the old system that got to much capital - real estate, finance, auto industry - are losing their jobs and need to go find new ones. That's how you know there was mal-investment, this data is simply proving that. It's not terrorism.

      Also not terrorism is the spin job of the Administration unable to even mention the word "Recession." Those are the people who need to learn to speak the truth, not Ms Lien, who is simply delivering the data.
      Apr 04 01:23 PM
    • Panic Driven Sector Rotation [view article]
      The disincentive for rapid trading will come as their bank accounts shrink, and shrink, and shrink... Apr 02 12:16 PM
    • Why the Emphasis on Tracking Error? [view article]
      Mutual funds are dead. The only funds to add to your broadly-based ETF beta-tracking portfolio are the (small) handful of creative funds that offer a diversification benefit due to the features features the author outlines: tactical, relatively concentrated, eclectic. Apr 02 12:07 PM
    • Euro Falls Steeply Against Dollar on Bank Writedowns [view article]
      Interesting how the Euro's the currency of concern while the company is Swiss. I think that The whole secretive banking thing may be bad for the Swissy in the short near term as well. Will the beneficiary be the Sing. Dollar as their secret banking rules are a decade or so away from being brought to heel. Apr 02 08:55 AM
    • One Reason Apple May Be Hoarding $18 Billion [view article]
      The word at the the time was that MSFT investment was made because they didn't want to lose it's only competitor - Intel-AMD-like - and face Justice dept troubles (if they only knew Bush would be elected and load up the administration with ideologues like Charles James who rescinded any fines things might have been different.) Mar 31 08:54 AM
    • Time to Get Out of CNOOC [view article]
      The inflationary subsidy their government gives to oil can only be reduced in the future. That will not have positive medium term implications for this sector in the Chinese economy. Mar 31 08:48 AM
    • Not All Passively Managed Funds Are Created Equal [view article]
      Too bad DFA makes you go through broker / advisor who... adds fees.

      If DFA really was concerned about investors who may not understand buy and hold diversification etc... they would simply charge a fee to enter and exit (trade) the funds and not allow investors who do this.

      While most investors (i.e. daytrading Americans) have no clue as to the long term benefits of DFA's approach, in recent times enough do that they should open up to individuals.
      Mar 30 11:52 AM
    • Inflation Hawk Plosser Speaks Up Against Aggressive Rate Cut [view article]
      With only five members, two votes is a big deal. One more vote and we may be able to save the dollar. Mar 30 11:02 AM
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