Category Archives: investing

Interview with David Winters

David Winters is the portfolio manager of Wintergreen Mutual fund. He was recently interviewed by Barron’s, a weekly publication of the Wall Street Journal. You can also visit the Wintergreen website. In the interest of full disclosure, both my wife … Continue reading

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Equity Based Crowd Funding

Sounds interesting… The passage of the federal Jumpstart Our Business Startups Act earlier this spring will allow entrepreneurs to solicit investments from ordinary people in exchange for a slice of the payout should the company happen to strike it big. … Continue reading

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Buffet Stock Holding: Dec 31st 2008

Berkshire Hathaway’s equity holding from Warren Buffett’s 2008 shareholder letter. Note this does not include Moody’s or Burlington Northers Santa Fe due to different accounting treatment since Berkshire owns greater than 20% of the company. Shares Company %Co Owned Cost … Continue reading

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Buffett ’08: Overpricing Risk

From the 2008 Berkshire letter to shareholders… The investment world has gone from underpricing risk to overpricing it. This change has not been minor; the pendulum has covered an extraordinary arc. A few years ago, it would have seemed unthinkable … Continue reading

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Have 401k’s failed?

Glenn Reynolds does a good job of framing the debate. Probably the only traditional type asset available to “joe investor” that has done ok are fixed and indexed annuities. Of course, these are all insurance products. Can you say “AIG”?

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Jim Rogers on the government printing money

Printing gigantic amounts of money leads to inflation. Commodity shortage coming. Oil reserves declining at a rate of 7% per year.

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Inflation

Pimco says it’s worse than the government reports. I don’t find that particularly surprising. The standard of living has decreased for many Americans, a trend that will reverse only after the troubles in the housing market work through, Pimco Managing … Continue reading

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$200 oil and “ride the trend”

You can find Howards blog here.

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Rising long term interest rates

If you believe long term interest rates will be rising, there are two ETF’s that can be used to profit from such a movement. UltraShort Lehman 20+ Year Treasury (TBT)ObjectiveUltraShort Lehman 20+ Year Treasury ProShares seeks daily investment results, before … Continue reading

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Speaking of inflation

Well, the dollar is up, gold is down and the long bond is moving lower (rates higher). The first two items imply declining inflation, the bond pricing moving lower is indicative of higher inflation. The implication of lower bond prices … Continue reading

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What an idea, domestic oil exploration

After being rebuffed by Saudia Arabia in his quest for more oil on the world market, President Bush calls for more domestic exploration. “Our problem in America gets solved when we aggressively go for domestic exploration,” Bush said. “Our problem … Continue reading

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Buy Oil Service Stocks?

No doubt, oil service stocks have had a big run, up 78% on average since the January 2007 low, as evidenced by the chart below… (click to enlarge) What makes this most interesting is that Petrobras, the state owned Brazilian … Continue reading

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