Nov 27

Just about everything turning RED this week

Week over week fund performance went red again this week.  The only two positions now in the black for the year are defensive plays with GLD (gold) and SDS (which is the double short of the S&P 500).  I added BMW this week as it hit my limit order buy of $22.  Same story on the option side of […]

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Nov 25

What are the Millionaires Investing in?

First of all Happy Thanksgiving.  This was my first Thanksgiving as a father and my wife and I enjoyed it with our new triplets in downtown Detroit at the traditional Thanksgiving day parade.  The kids met Santa for the first time without any meltdowns so I consider the day a success.While combing through the articles […]

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Nov 18

Millionaires Control more of the World’s Wealth

From the WSJ, we discover that the wealth of millionaires in the world increased 29% which was two times greater than the world as a whole.  The article also points out that Millionaires Control 39% of Global Wealth which is something that we keep seeing over and over is how so much wealth is controlled by […]

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Nov 18

The Best Six Months of the Year

Barry Ritholtz at the Big Picture put together A Tale of Two Seasons data regarding the seasonality of the market.  Many of you have probably heard the phrase sell in May, go away but the data here over a 52 year period is pretty astonishing.  One could argue that there is some potential data mining going on […]

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Nov 14

The Life of Steve Jobs

This is a two part 60 Minute piece about Steve Jobs.  Besides being a creative genius what is remarkable about Jobs is that he was a far Superior manager than most people realized although his approaches might now work with most. One of the best pieces that I have come across regarding Jobs was his […]

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Nov 14

Rage Against the Machine

Listening to a conversation this week on CNBC and I can’t remember who the discussion was with but someone made the point that the Occupy Wall Street protesters are railing against the wrong people.  I would tend to agree.  The Economist had the following article Rage Against the Machine that discusses this point. Rather than occupy Wall […]

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