Category Archives: finance

It’s a Recession…. BUY

at least according to Norman Fosback, editor, chief cook and bottlewasher at the Fosback Fund Forecaster. He developed an indicator called, appropriate enough, the “Recession Buy Indicator”. In the May 8th issue he states that the indicator has turned bullish. … Continue reading

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Airline Stocks

The market was open, a good day to sell airline stocks. To the right is a comparison of USO, the oil ETF, to the Airline index.

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HELOC delinquencies…

I opened the daily newsletter from Scottrade, which I never read, and it had an interesting article or two. The one that caught my attention was about the rising delinquency rate on HELOC’s. S&P said that 9.19% of lines issued … Continue reading

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The Whipsaw Song

Ed Seykota is one of the traders written about in Jack Schwager “Market Wizards” book. He apparently enjoys bluegrass and is decent with the banjo. Ed and some of his trading friends put the Whipsaw Song up on You Tube. … Continue reading

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Ghostwriter

I agree with Maoxian, Jerry Yang, CEO of Yahoo can’t get a ghostwriter soon enough. Of course, he probably won’t need one fairly soon. Maoxian critques portions of Jerry’s letter to Microsoft here.

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Timeline of Warren Buffett

Above is a chart of Berkshire Hathaway class A stock from 1990 to the present time. This is all after the timeline documented in the article below. (click to enlarge). In this 3 part series, Joshua Kennon chronicles Warren Buffet’s … Continue reading

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Buffett said he would

Warren Buffett is following up on his word to raise funds for both Hillary and Barack. I was hoping somehow he wouldn’t. Oh well.

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Berkshire Investments

Click to enlarge… Above is the list of Berkshire investments as of the end of 2006 extracted from the annual report. Since that time, it has been reported that Buffett has invested in Burlington Northern and two other railroads.

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Warren Buffett

Truly a great investor. Here’s a summary of part 1 of Warren’s interview with Charlie Rose. Or you can go directly to the video.

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