zorrow

Inflation and the Hierarchy of Needs

I have a question. How can I invest in the dollar? I don't consider currency speculation investing. Psychologically, I feel more comfortable looking at visible earnings. Hence I will invest in international companies like MCD and INTC. What the dollar's relation is to other currencies doesn't bother me psychologically in the least. I think this is because it is an accounting of group action as opposed to anything that meaningfully affects any individual investor (other than currency speculators).

Why I'm Long General Electric

I bought about five hundred shares of GE 18 months ago based on their past reputation and watched my investment shrivel by 60%. I am unsophisticated and didn't realize I was buying a company that had been transformed from an industrial into a poorly run loan company. I believed Jeff when he said he wouldn't cut the dividend. Boy, am I a sap. Looks like all the free cash flow is being sucked up by Warren Buffet. tough luck for us income investors. I agree 100% with your opinion that GE has politicized MSNBC and NBC. I used to watch MSNBC but after a few months of Kudlow, Vampirella, The Chicago gangster, et al; I swtched to Bloomberg.