Stocks vs Gold
Jim Picerno of The Capital Spectator addresses the relationship between the Dollar and Gold, in THE COMFORTING AURA OF GOLD. Note that...
G7 placating US public opinion?
Quote of the Day “Other G7 officials said privately that the communiqué was more a bid to placate domestic US public opinion than...
DVD recorders
Shopping this past weekend, I came across 3 DVD recorders — all under $500: – Phillips for $499; – Panasonic for $449;...
The Casino Greeter
Quote of the day: Never mind the $140 million paid to Richard A. Grasso for his work as a casino greeter. Never mind the hypocrisy of the...
Technologic Dyscalculia
Quote of the day: For his part, Mr. Grasso demonstrated a remarkably impaired capacity to calculate the impression on both the man in the...
Iraq’s 6 Month Anniversary
Nobody even mentioned it: Today was the 6 month anniversary of the Invasion of Iraq. I have to reread my magnum opus, Not-So-Hidden...
Hedge Fund Capitulation?
Do you want to be right, or do you want to make money? That, in a nutshell, is the quandry facing hedge fund managers this year. They...
More on Margin
Jeff Opdyke has a WSJ article on Margin this am: Deja Vu: Buying Stock on Margin Is Back in Vogue. His reporting specifically notes a big...
The Napster Cooption Business Model
As promised, here is one of my entries for The Great Recording Industry Business Model Contest. I’ve given this a lot of long hard...
Dead Man Walking
Grasso is now finished. He’s a “Dead Man Walking.” One week ago today, I noted that this was becoming a public...