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December 2009



What is the Fed really telling us?

December 10, 2009 – Comments (3) | RELATED TICKERS: GOOGL

There are a lot of things that we could say about the Federal Reserve's policies over the past couple of years. Much of them are subject to opinion and conjecture as it's tough to really know how things will pan out in future years -- and even then there will be plenty of debate over whether success (or failure) of the Fed's policies led to the good times (or horrible times) in the economy.  [more]



There's more to great investing than finding a low price...

December 07, 2009 – Comments (1) | RELATED TICKERS: ISRG

I'm not a growth investor by any means, so it's difficult for me to ever concede that paying a high price for a stock is a good idea. However, as I detailed in a recent article on, valuation can often lead you astray -- or at the very least have you ignoring some of the best investment opportunities.  [more]



The free market banking myth

December 04, 2009 – Comments (3)

The U.S. banking system is simply not a free market system, so it's nutty to think that there can be a free market solution to the problems that we're facing. Thus far, all of the deregulation and free marketeering has only served to make bankers rich and destabilize the system. Do we really want more of that?  [more]



Are we out of the woods yet?

December 04, 2009 – Comments (0)

The whole Dubai thing has blown over pretty quickly -- not that the whole thing really ever promised to have much direct impact on the U.S. market. But while we can probably afford to be quick about dismissing Dubai in particular, what about the lingering questions that Dubai dug up? Are we really out of the woods as far as the global financial malaise? Are there problems out there that are simply on a lag, waiting for investors to find their exuberance before rearing their ugly heads?  [more]



Those Tricksy Bankers

December 03, 2009 – Comments (0)

In the run-up to the financial crisis, bankers, with a lot of help from rating agencies, found a way to make risk magically disappear. Today, we're all paying the price.  [more]