talld

Book Review: Warren Buffett on Business

Value investing as well as most other things that have been taught to us by the market in the last 100 years is pretty much useless right now. The market has entered into some sort of weird territory where the underlying substrate of what makes it a market has become dominant and the various tickers just move along with it. Maybe in a few years, value investing will matter, but not right now.

Just a few months ago Buffett was on the cover of Forbes as a "biggest loser" but since then the substrate has "recovered" and now he is flush again. But nothing to do with value investing caused him to go back to being in the black nor to have caused the loss either.

Is a Gold Correction Imminent?

Gold is very related to various trends, and is not moving on its own. Those trends themselves are also all related to each other. Gold, oil, dollars, consumer, materials, finance,real estate, energy, they are all as intertwined as the strings on a tennis racket.

One cannot predict the future of gold, they can only predict the future of everything, and then see where gold would be in that future. Because virtually everything is highly related now. One move of the dollar, and the entire market moves the other way (worldwide), one positive or negative real estate, or finance, or consumer sentiment, the entire market moves in sympathy.

I believe the current biggest influence on gold is currency, then materials, energy, finance, consumer and then technology. (the energy correlation is probably from the currency correlation as both are highly dependent on currency.)

Why I'm Grateful for China and Australia ETFs

Gary,

That sounds like fairly good advice. If you look at the comparison of EWA to a few other tickers, it seem to be pretty similar to EPP, especially lately.

If you follow the Yahoo link, you will have to select compare and then put in EWA as seekingAlpha's website is not capable of long links. It may be the case that EPP would also benefit from each of the things you mentioned.

finance.yahoo.com/echa...;range=6m;compare=ewa;...

3 Stocks that Could Pay Out Larger Dividends

When Dell eventually collapses in bankruptcy, it will have the distinction of being a company that never paid a dividend,ever. Making the hindsight look at trading in it questionable at least.

Is Dubai's Default a Black Swan Event?

I think the inevitable failure and collapse was probably foretold by the name itself of the "Supreme Fiscal Committee" and that the chairman is a sheik.

Options Trader Monday Outlook: Stuffing the Futures for Thanksgiving

Excellent article. The idea that a source as doubtful as NAR could cause the market to move is amazing. In my opinion Baghdad Bob is probably the only less credible source than the NAR.

Bing Tries to Buy the News

Murdock's public announcements on how other news agencies should do business, whether it is his suggestion to stop giving away free content, or to boycott Google is merely Murdock breaking the anti-trust provisions without consequence.

If he was the head of any other business and was calling publicly for all of the heads to act in unison in order to charge people for what is now free, they would arrest him and charge him with anti-trust violations. But no one wants to take on someone who has 33% of all press in the USA.

More AIG Controversy: Maiden Lane III

AIG management needs to go to prison, the whole "insurance in case the market goes down" without any reserves is pure nonsense and no first year business student would make such a mistake accidentally.

Buffett's Holdings Outperforming in Q4

The market dropped almost half near the beginning of the year, and now has recovered most of that (for a time). With such wild gyrations in prices caused by forces beyond the control of any ticker, value investing is just silly.

A few months ago Buffett was on the cover of Forbes because he was down so far. The market going back up so far, has made it appear value investing is somehow relevant during such wild market times.

Despite What You May Have Heard, There's Hiring Going On

Uh, sorry but the fact is there is not a net job gain. If there was, the USA would not have just passed the ten percent official unemployment rate.

Regulating Wall Street Like Las Vegas: Yes We Can

Hi Jake,

I created this post just for you, and I would be honored if you would take a look at it. It is my insta-blog on SA. I know you are interested in insider trading. What I have would never stand up in a court of law, because it is based on a custom algorithm that only I use, but if you ever want me to examine a couple of stocks in this manner, let me know.

seekingalpha.com/insta...

thanks

UUP Runs Out of Shares: Unlikely Anything Illegal Took Place

Here are my picks if a person wanted to primarily invest against the dollar as these tickers all appear very tied to the same news that is moving UUP.

StockB
EFA
EWC
EWU
DEO
BBV
DB
ERX
IEV
STD
IYE

and these would be moving more with the dollar.

StockB
TZA
SH
SCO
SDS
BGZ
MZZ
MYY
EEV
DUG
ERY
SMN

Regulating Wall Street Like Las Vegas: Yes We Can

Jake,

The problem with setting up a system of rules is that sociopaths thrive on rules, because they then stretch them to the abolute limit.

There was a big push in the eighties by the mental health workers in the country to steer sociopaths into business careers, in an attempt to get them out of crime. It was reasoned that they would be more successful in business than in crime given the possibility of arrest, etc. Addtionally the sociopath personality is well suited for business it was asserted because they could make the cold hearted ruthless decisions required to thrive as a corporation.

In retrospect pushing sociopaths towards business may not have been one of the best ideas to ever come out of the mental health system.

The justification for pushing them towards business was that they would do less harm through out their lives in business careers than in criminal career.

Crisis in Context: 'This Time is Different: Eight Centuries of Financial Folly,' by Carmen M. Reinhart and Kenneth S. Rogoff

I believe this is the only example of a swindle of this magnitude, and the histories do not help.

Option Trader Friday Outlook: Is the Dollar Going UUP?

To those talking about 750 billion being the price tag of the bailout I can only assume you listen primarily to politically biased news sources. They fail to ever mention the almost 9 trillion spent during the Bush era for their own reasons, and leave their readers thinking the "bailout" was Obama's.

Please, vary out your news sources a bit okay? Here is a link to show that Bush spent nine trillion on the bailout. Please at least take a look at it.

www.bloomberg.com/apps...