Use access key #2 to skip to page content.

February 2009



You Can't "Invest" in Gold

February 26, 2009 – Comments (24) | RELATED TICKERS: GLD , GDX

The idea behind value investing is buying assets at prices cheaper than their intrinsic values. So what is the intrinsic value of gold? Almost zero. You can't do a discounted cash flow on gold because it doesn't produce any cash. It doesn't do much at all, besides conduct electricity well.   [more]



Favorite Investing Books

February 16, 2009 – Comments (6)

What are your favorite investing books? I've already read a lot and the majority weren't that good, so I was hoping you guys could give me some recommendations. Here are the ones I've already read and found the most helpful:   [more]



CAPS Stock Ratings Based on Stock Performance?

February 15, 2009 – Comments (5)

Does anyone know, when CAPS calculates each stock's rating, does it weigh each player's pick based on their current rating or their rating when they made the pick? If it's not the latter, I think it should be. If it is the latter, you can just ignore the rest of this post :)   [more]



First Blog

February 14, 2009 – Comments (2)

Hey everyone... I guess commenting on blogs is the only way for players to communicate with each other so I'm setting one up.   [more]