Use access key #2 to skip to page content.

August 2011



Warren Buffett : J.P. Morgan

August 25, 2011 – Comments (4) | RELATED TICKERS: BAC , SPY

The day will come when the comparison of Warren Buffett's investment in American companies the past few years will be compared to J.P. Morgan's saving the banking industry a long time ago.  Both actions provided support that helped confidence and mitigate economic problems which could spiral out of control.    [more]



Fried Fresh Blue Gill

August 24, 2011 – Comments (11)

I went fishing with my kids and dad yesterday and boy did we have a great time.  We caught about 75 Blue Gill, along with a few baby perch and bass, and kept about 50 Blue Gill to eat.  Fried 'em up in a pan today, one batch just floured with salt and pepper, the other batch egg washed with ground Saltines on top of the flour mix.  Wow, was it good.  Makes me think that there are things a lot more important than short term market stuff.  [more]



Creating Illiquidity in Gold

August 19, 2011 – Comments (18) | RELATED TICKERS: GLD

This morning there was a story in the Milwaukee Journal Sentinel about a police sting on illegal gold trading at one of Milwaukee's pawn shops.  Illegal gold trading.  Imagine that.  Interestingly, this shop really did not have a big interest in gold a few years ago.  Today it is big business.  Around town, and around the country I saw this summer as I traveled west by road, there are as many signs popping up saying "buy/sell gold here" as there are "for lease" signs.    [more]



Pricing In a Recession?

August 13, 2011 – Comments (2) | RELATED TICKERS: SPY , EXAS , GMO

AAA to AA+ was rating agency S&P's pronouncement a little over a week ago.  Since then, markets have gone from volatile to very volatile.  Interestingly, the ratings downgrade seems to be a minimal cause of the shakiness in markets.  There appears to be much more at work here.  [more]



Dear Congress, Do Something

August 10, 2011 – Comments (34)

I won't use too many big words or a lot of math here Congress people, I know you have a hard time with that and get offended when you are not the smartest folks in the room, which of course means you act offended a lot.   [more]



Trade Notes

August 06, 2011 – Comments (3)

At firm website.

Featured Broker Partners