Archive for February, 2008

The PPI report came out today. While we are doing better than Zimbabwe, things are still a little scary.

I was having dinner with Chris last weekend, and I expressed concern over US inflation. He asked me what the numbers were, and I didn’t have them handy. Here are the numbers from a MarketWatch article on the January 2008 PPI report.

First, the most concerning number of all:

Year over year, the PPI is up 7.4% — the fastest pace since 1981. Also on an annualized basis, the core PPI is up 2.3%.

And here are some more details found at the end of the article: (after the jump)

Continue Reading 1 comment Tuesday, Feb. 26, 2008 by Jason

At the FT.com there is an article with insight that says: Commodity bull run has a long way to go.

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Add comment Tuesday, Feb. 26, 2008 by Christian

That clever dude Ugly is at it again. With the Zimbabwean dollar reaching a record exchange rate of around $20 Million Zimbabwe Dollars per $1 US Dollar, Ugly has decided to repurpose a web classic by launching the Million Zimbabwean Dollar Homepage. I used it to launch an ad for my newly created MoneyShui.

Continue Reading 1 comment Monday, Feb. 25, 2008 by Jason

Do you know how to average down? Ever given averaging down some serious thought? Cramer says that you should average down in 4 buys. Is that right? How about 10 times? What about twice? Which is better? I hate when people say, oh 4 times is a good number because somebody said it was. So let’s explore the dynamics behind averaging down and how purchase count affects the overall share price.

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4 comments Monday, Feb. 25, 2008 by Christian

Yes I know prices for commodities are up, and yes there is growing demand. Yes the bakers are going to demand things from their government. But in the face of all this I don’t buy the commodity rally. Here’s why.

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8 comments Friday, Feb. 22, 2008 by Christian

Yes folks you read that right I have become a bull, but in bear’s clothing mind you. On May 18, I became a Bear in Bull’s Clothing. On July 13, 2007 I said that the market had reached its high water mark. And on December 3, 2007 I became a bear. I am very optimistic, even though I should not be. I am looking at my portfolio and right now I am staring at 0.35% returns since the beginning of this year. Until the beginning of this week my returns were around 6.8%. This week I was completely walloped. But I am completely optimistic, because after seeing this week I feel like singing Pat Benetar’s “Hit Me With Your Best Shot!”

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1 comment Friday, Feb. 22, 2008 by Christian

I like GPS, even wrote a block entry about it. So the question is why did the share value drop faster than gravity on Jupiter? Answer is that it baffles even the CEO of the TomTom.

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Add comment Thursday, Feb. 21, 2008 by Christian

You need to listen to the following video, and listen to the following words: Tech is Poison, and Short Nokia, and Short Garmin. GPS business is done.

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2 comments Wednesday, Feb. 20, 2008 by Christian

Disclosure: I hold positions in Credit Suisse, and am extremely bullish.

I like Credit Suisse because unlike its competitors they have stayed away from much of the sub-prime crisis. Though I am worried about what Credit Suisse has just announced.

Credit Suisse has written $2.85 billion off the value of its asset-backed investments and found mismarking and pricing errors on its books, it revealed on Tuesday, sending its shares plummeting.

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Add comment Tuesday, Feb. 19, 2008 by Christian

Tim Sykes has this habit of making fun of value investors (2).

So, value investors, listen up; you’re all a bunch of little sissy girls! You’ve become spoiled with the assets you manage, your mainstream credibility and the money you earn. I respect your strategy, but understand this:

I’m comin’ for you

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7 comments Monday, Feb. 18, 2008 by Christian

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