From the above post: At the recent annual CFA awards dinner in Toronto Jim told the assembled crowd of fund managers and investment bankers to “sell your houses, move to Saskatchewan, buy a tractor and some farmland, and start farming”.
Indeed this action might just be the re-education that fund managers need after their dismal behavior these last few years.
$125 Oil Not Sustainable for the Time Being [View article]
It is now August and the price of oil is falling, at this moment below $120. For how long, who knows. Maybe Obama's jawboning about releasing oil from the SPR woke energy traders up to the idea we might have a president who is not complacent. Anyway it looks like speculation does play a big part in the price of oil. Who knew?
The 'Reflation' Top Ten Portfolio [View article]
At the recent annual CFA awards dinner in Toronto Jim told the assembled crowd of fund managers and investment bankers to “sell your houses, move to Saskatchewan, buy a tractor and some farmland, and start farming”.
Indeed this action might just be the re-education that fund managers need after their dismal behavior these last few years.
$125 Oil Not Sustainable for the Time Being [View article]