Archive - Feb 2011 - Blog entry

45 days after the end of any given quarter financial television programs and bloggers race to be the first to report the holdings of – insert name of big hedge fund here. They analyze the report to see what the hedge fund managers are buying and selling. However, the question remains – can you beat the fast money at their own game?

$250,000/year in St. Louis you can live in one of the top 10 most expensive houses in town. In Manhattan? Not even close...

Plus a brief word from some real Presidents...

The Numbers Behind the Middle Eastern and North African Revolts

"We will make efforts to vigorously secure rare earths"

The middle class in America is being ripped to shreds right in front of our eyes and very little is being done to stop it.

If you’re like me, you’ve probably looked at the US recently and wondered what has happened to your country. I’m not talking about the GOP/ Obama situation nor am I referring to capitalism vs. socialism... I’m simply talking about basic common sense items like: stay out of debt, don’t do anything if it doesn’t make sense, do you homework before signing a contract, etc.

WTI’s premium disappeared about a year ago and in recent days it has been trading at more than a $10/bbl discount to Brent mainly due to rising inventory levels at Cushing OK. Some believe WTI may be undervalued by at least $12.

“Intellectual activity is a danger to the building of character”--Joseph Goebbels

Newest Stock World Weekly: "The Fed has no means to fix the problem of joblessness, besides trying to stimulate the economy by flooding it with liquidity, or “printing money,” thereby devaluing the Dollar. Devaluing the Dollar is contrary to the Fed’s mandate for price stability."

SEO, meta-tagging, Demand Media, etc. These media trends are scary, and unfortunately only seem to be picking up steam. If allowed to continue unabated, these trends will only put us on a quicker path towards a seemingly inevitable Idiocracy.

Investment banking as an industry runs almost completely contrary to wealth creation since it thrives on fees rather that capital appreciation. Investment banking is about making DEALS (any deals) regardless of whether the deals make sense or benefit both parties (after all, the advisors to the deals, the investment bankers, get paid based on commission and free stock).

Would it have mattered if at the beginning of the crisis in Egypt that information on his wealth outside the country were accurately reported? Maybe. I think so.

Stocks ended higher for the third consecutive week as protests throughout the Middle East continue to spread like misinformation during a political campaign or

Will the bond market kill the party in stocks? It's not that simple...