Paulson You're My Hero!

Before I continue, look at the following image which represents my political leanings (courtesy of www.politicalcompass.org). I have repeatedly taken this test and it always comes out to the same thing: Slightly right, quite a bit libertarian. So my political views being what they are why is...

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The State of the Market

I get a magazine called Stocks. In last week's stock magazine there was a short article on the investing habits of 2,300 private people worth a total 60 million USD. This study was commissioned by Barclays Wealth. What was interesting in this study is that the people willing to take on the most...

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What To Do With Russia...

Ok what to do with Russia? It seems that there is a new power struggle yes? Between the West and Russia, yes? Well, not so quick. My brother who works in Russia and keeps me up to date with the events within the land has a different story. Essentially what is happening in Georgia is very similar to...

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Warren Buffett and The Future

CNBC did an entire 3 hour expose on Buffett and I.O.U.USA. Well I don't agree with everything. Two of his points that stuck with me are as follows: - When the tide goes out you will see who is swimming naked, and it seems Wallstreet was a nudist beach. - If you apply for a mortgage using the old...

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On Oil and Lemmings!!!

Oil is up over 5 dollars, and why is that? It's Russia! It's Fay and its potential to hit something! Oh it's the rebels in Nigeria that are being rebellious! WHATEVER!!! Want to know why oil is up? It's because Goldman said the following: > LONDON, Aug 20 (Reuters) - Goldman Sachs (GS.N: Quote,...

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My Rant On Analysts and Capitulation!

I have two points in this blog entry; analysts that annoy me, and fund managers have capitulated. First on the topic on analysts. Merrill Lynch today said Fiat will have problems. Based on what? > Merrill Lynch downgraded Turin, Italy-based Fiat to ``buy'' rating earlier this year, according to the...

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CNBC America Change...

Today CNBC America put Rick Santelli, Steve Liesman, and a few other floor commentators into the prime seat of Squawk Box... All I can say is wow! Cool! Now CNBC America has real intelligent discussion on Squawkbox.... Yeah I am one of those people who was sad to see Mark Haines leave Squawkbox....

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CNBC America Good For You!

It looks like CNBC America is playing with their cast of hosts and giving fresh blood some air time! Good for you CNBC America! Good for you for trying! You make me want to watch CNBC America again!

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