Archive - Jun 17, 2010 - Blog entry

Sounds like Ucits will be the next big hedge fund flop...

A basic property of religion is that the believer takes a leap of faith: to believe without expecting proof. Often you find this characteristic of religion in other, more unexpected places–like the stock market.

It takes a while for a company to develop a “religious” following: Only a few high-quality, well-respected companies with long track records ever become worshipped by millions of investors. The stock has to make a lot of shareholders happy for a long period of time to form this psychological link.

Which door do you choose?

When did the well really blow out?

How much do you want to buy at a 28 year market top? Last year, a staggering $375 billion poured into bond funds, a record, while $40 billion exited equity funds, despite a Dow that rose 23%.

With all of the brouhaha over BP and the oil spill, how many analysts and investors truly took the time to calculate the probability of actual insolvency. It is clear that the liabilities from the spill has been understated and underestimated multiple times. Here is an empirical, objective analysis of where BP, and by default, APC stands in terms of the potential for bankruptcy.

Open Letter to the US DOJ: In response to your open investigation regarding the suppression of silver prices in the COMEX futures markets by JP Morgan, we believe that two PM ETFs, the SLV, of which JP Morgan serves as custodian, and the GLD, of which HSBC serves as custodian, firmly deserve a thorough investigation as well.