Monthly Archives: August 2011

What Apple and Indonesia Can Teach You About Investing

You wouldn’t think Apple and Indonesia have much in common. On the surface, they don’t, but they can still teach you a lot about investing. Let’s start with Apple. Apple made the news recently with two major events. It is … Continue reading

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Real Financial Experts Won’t Go on TV

If you were going to make a list of the smartest people alive in finance, you would want to consider these candidates: 1.Gene Fama: The Robert R. McCormick Distinguished Service Professor of Finance at the University of Chicago Booth School … Continue reading

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A Walk on the Wild Side at CNBC

On August 10, 2011, after a tumultuous day on Wall Street, I appeared on CNBC, along with another guest, Natalie Pace. According to her web site, Ms. Pace’s vision is “to spread wealth by sharing wisdom and to add a … Continue reading

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Florida State Retirement Plan Loses Billions Through Inept Pension Investing

I find it ironic that in turbulent times investors look to market “experts” to explain what is going on. These are the same people who didn’t see the 2008 market crash. Now they confidently explain to the rest of us … Continue reading

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THE GEICO STORY

I believe this recounting of the GEICO story up to the year 1977 is a great reminder of the randomness of stock selection success. The single decision to purchase half of the stock of just one company, GEICO, brought in … Continue reading

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The Revenge of the Wall Street Rejects

While I do not agree with the decision by S&P to lower the credit rating of the U.S. government from AAA to AA+, I think they should be commended for sticking by a difficult decision despite what must have been … Continue reading

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Flawed Investing is Depleting Pension Assets

The management of pension fund assets is big business. Every broker, hedge fund manager, private equity fund manager, and mutual fund manager wants a piece of this mega-trillion dollar action. High priced consultants stand ready to advise pension administrators which … Continue reading

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