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August 2009

Recs

9

Warren Buffett's private confessions on Jerry Springer

August 22, 2009 – Comments (4)

I have always liked the people that go on Jerry Springer to make a private confession to a nationwide TV audience. To tell their husband for example that the children he thought were his over the last seven years were actually, sired by a 13 year old middle school kid that the husband hired to clean the pool. Of couse on Jerry we need a close up of the face of the humilated spouses reaction to the "secret" as it is revealed to the world.   [more]

Recs

25

“Get that cheap tramp out of my house!” The physics of long term investing

August 18, 2009 – Comments (12) | RELATED TICKERS: THC , KLIC , GS

It wasn’t so bad that my mother was thinking it, but to say it out loud to me in the presents of my latest cheap tramp girlfriend was,  well… a bit direct.  Clearly my mother was a long-term investor and I was just ridding the spread of some hot volatility so to speak.   [more]

Recs

13

This is a phony "inevitable" correction

August 17, 2009 – Comments (12) | RELATED TICKERS: VDE , BP

If you read the financial press lately, it is really full of hyped propaganda trying to aim the markets lower. But it all speculative opinion and has no basis in reality other than the core idea that a run up in the market deserves a correction.   [more]

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