Archive for December, 2007
I was asked by redddweb the following question:
The last few posts of yours sounds as if your market sentiment is bearish. How do hedge against these risks, as well as dollar fall, inflation, etc; I would love to see a blog entry on facing these challenges(invest in gold? it too is at all time high
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Redddweb was not the only one who asked me a question along the same lines. I have been getting a few emails asking people "what’s next?" As I have said in the past most of my blog entries take some time to write because I like to mull things over. This blog entry is no exception.
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Tuesday, Dec. 25, 2007
by Christian
Becky from CNBC had a talk with Warren Buffett and how Buffett is a bit pessimistic. Becky’s interpretation is an excellent example of how media changes focus and does not interpret properly. Specifically Becky keeps talking about the following comment:
I made by far the best buys I’ve ever made in my lifetime in 1974.
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Thursday, Dec. 13, 2007
by Christian
Hi folks, starting in the new year I am going to be launching a new website called HappyAsAHippo.com. On this new website I am going to do a couple of things:
- Calculate the HHCPI (Happy Hippo CPI). We all hear about inflation, and how low it is, but yet we feel wrong. What I am going to do is use online resources to calculate a price index each and every day. The price index will measure two things; what people are actually spending, and what inflation there is. That value will be compared to the actual inflation data and you can get a picture of what is going on.
- Calculate the buying tendencies of the major indices. This will be a measure of whether or not you should be buying into the major indices.
I am asking for input because I would like some beta testers who could provide some feedback on what looks good and what does not look good. I am thinking of launching the beta in January or so. Send an email to christianhgross at gmail.com.
Wednesday, Dec. 12, 2007
by Christian
This post is a bit of hard post for me because it is going to sound ultra-bearish. So if you want to avoid a really bearish blog entry, then this is the one to avoid. If you want to know why I am bearish, then this is the blog entry to read. I want to add a disclaimer here. I don’t really know if the market will go down, but what makes be ultra bearish is that the pieces are not adding up. For the past three weeks while writing this blog entry, whenever I ask other folks about my problems and disconnects they nod and say what be is what be. I also wanted to wait to until the Bush administration officially unveiled their plan before commenting. (Mish does a good job of covering the plan (1,2), and thus I will avoid discussing the plan in detail).
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Monday, Dec. 10, 2007
by Christian
I listened to some commentators talk about the Hugo vote, and they said something along the following lines:
This shows that Hugo is a human, and not a dictator. It is not that bad, etc, etc, etc… How conciliatory he is… He will not change… He will do more of what he is doing now, and will not change…
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Monday, Dec. 3, 2007
by Christian