April 24, 2009 –
I have seen the argument made that once housing prices reach the long term trend they will stop falling. I don't understand the stupidity of some people.
By definition the trend is in the middle. If it was the bottom then it wouldn't be the trend it would be the bottom and the trend would be higher.
April 24, 2009 –
I'm rereading "Margin of Safety" and came accross a great explanation of the difference between investing and speculating. [more]
April 24, 2009 –
Just finished a paper on cyclicality of university/college with regards to the business cycle. Used a 10 year data set with ~12,000 people aged 16-25. Turns out that in Canada, just like the united states, when unemployment rises by 1% school enrollment increasess by 0.8% [more]
April 23, 2009 –
Fascinating blog post from http://holdingtoaccount.blogspot.com/: [more]
April 21, 2009 –
It has been shown that shorting all leveraged etf's will over the long term provide you with a positive score and accuracy points for all picks. It is not however the best way to use those tickers within CAPS. [more]
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