Alternatives - reading... Jeremy Grantham's Q4 'Longest Quarterly Letter Ever' Jeremy Grantham provides investment advice, his take on the shortcomings of capitalism, and his investing observations for 2012 in this three-part "Longest Quarterly Letter Ever:" Part I: Investment Advice from Your Uncle Polonius1 For individual investors setting out on dangerous investment voyages. 1.
Believe in history. In investing Santayana is right: history repeats and repeats, and forget it at your peril. 2. 3. 4. 5. 6. 7. 8. Remember too that for those great opportunities to avoid pain or make money – the only investment opportunities that really matter – the numbers are almost shockingly obvious: compared to a long-term average of 15 times earnings, the 1929 market peaked at 21 times, but the 2000 S&P 500 tech bubble peaked at 35 times! 9. . [ Enlarge Image ] Finding the revenues of a private company - Competitive Intelligence Blog - Aqute.
Mutual Fund Investors Should Lead the Crackdown on Closet Indexers: View. In the world of investing, a label can mean a lot.
The mere designation of a country as “emerging” can be worth billions of dollars in capital inflows. As Bloomberg Markets magazine reports in its March issue, investors have plowed more than $750 billion into funds benchmarked to emerging-market indexes. No wonder Israel, whose per capita economic output exceeds Italy’s, doesn’t want to be labeled “developed” for the purposes of bond investors. The power of the emerging label to move money also serves as an indictment of the way many so-called active fund managers do their jobs. By abdicating to index administrators the responsibility for defining what is emerging, and by allowing such designations to dictate investment decisions, active fund managers are essentially running passive funds while charging fees as if they were managing something.
Greenlight Capital. Hayman Capital Management. Top Hedge Fund Investors. Not too long ago, I met Cathy Rittereiser at a Scarsdale Equity lunch.
She mentioned her book, Top Hedge Fund Investors: Stories, Strategies, and Advice, which I had received, but not read yet. After skimming through it, I thought some of the traders and hedge fund investors amongst you might appreciate some of the fund managers involved. The chapter on Ted Seides of Protege Partners is embedded below. Chapter 12, A Better Way Ted Seides, Co-Founder, Prot´eg´e Partner Hedge Fund Investors – Seides, Protege Partners Credit: Excerpted with permission of the publisher John Wiley & Sons, Inc. Category: Books.
George soros. The Big Interview with Barton Biggs. In-depth analysis on Credit Writedowns Pro.
You are here: Economy » The Big Interview with Barton Biggs Barton Biggs is the second market professional I have seen in recent weeks unexpectedly espousing public works programs to deal with the jobs crisis. First, it was Bill Gross talking about a job guarantee and public works programs. Now, we’ve got Barton Biggs doing the same thing. Biggs spoke to the Wall Street Journal’s Simon Constable saying the U.S. needs to invest in a massive public works program, and that rich people and corporations should pay more taxes. In this week’s Big Interview, Barton Biggs has a lot more to say too. About Edward Harrison Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience.
The Basics of Owning Bonds. The basics of owning bonds By Barry Ritholtz, Washington Post, July 20 I need some yield!
This is the battle cry of investors who have become frustrated with the low yields that the Fed’s zero interest rate policy has created. Indeed, last week saw the 10-year Treasury bond yields fall to near-record lows. This holding, the backbone U.S. bonds for most fixed-income investors, fell below a yield of 1.5 percent. And Federal Reserve chief Ben S.
Hoisington. And Now, For Some Semblance Of Sanity, Here Is One Hour Of Hugh Hendry. After today's ridiculous move in the market, which brings back memories of either August 2007, March 2008, the reaction after the Tarp vote (the successful one), August 2011, when the market gyrated by 400 points on a daily basis, and many more bear market rallies, we hope to restores some semblance of normalcy by presenting the following series of clips all from Hugh Hendry speechs at the LSE's Alternative Investments Conference earlier this year.
Must watch, because when everyone loses their mind, listening to some common sense is the best remedy. Part 1, in which he discusses the generational shifts in attitudes towards leverage, concluding "Really I should be attending the Young Farmers Society as opposed to the LSE" Part 2, in which he discusses his misgivings for the enthusiasm towards China, noting that "if you're spending money without the intent of any economic return, then you're spending money poorly".
And finally Part 5, in which he does an amusing word association game: Hugh Hendry Will Make $500 Million Off $2.7 Million If China Col.