Money and Finance
- Links
My friend Lukas' book has officially been released: Value Investing: A Value Investor's Journey Through The Unknown... Sanjay Bakshi and Vishal Khandelwal's email exchange about why the rules for buying vs. holding a stock are not...
- Hussman Weekly Market Comment: The Back-story Of The Elephant In The Room
“Being wrong on your own, as Keynes described so eloquently in Chapter 12 of the General Theory, is the cardinal crime of an investment manager. The management of career risk results in very destructive herding. Investors should be aware that the U.S....
- Why We Don’t Believe In Science – By Jonah Lehrer
I knew the numbers were high, but if the 46% number is an accurate reflection, that is pretty remarkable. 10,000 years? Really? Last week, Gallup announced the results of their latest survey on Americans and evolution. The numbers were a stark blow to...
- Weekly Roundup - March 30, 2013
Where has the first 3 months of this year gone? Seems like just yesterday I was having to get used to writing 2013 instead of 2012 and now one quarter of the year is almost done. This past week was pretty good. Work went really smooth although I...
- Weekly Roundup - March 16,2013
After several issues with the rig and parts breaking down, they finally got our tools out of the hole so I could finish up and get on the road. I'll be gone camping with my wife and some friends this weekend and the weather is supposed to be perfect....
Money and Finance
Bill Gross – April 2013 Investment Outlook: A Man in the Mirror
Am I a great investor? No, not yet. To paraphrase Ernest Hemingway’s “Jake” in The Sun Also Rises, “wouldn’t it be pretty to think so?” But the thinking so and the reality are often miles apart. When looking in the mirror, the average human sees a six-plus or a seven reflection on a scale of one to ten. The big nose or weak chin is masked by brighter eyes or near picture perfect teeth. And when the public is consulted, the vocal compliments as opposed to the near silent/ whispered critiques are taken as a supermajority vote for good looks. So it is with investing, or any career that is exposed to the public eye. The brickbats come via the blogs and ambitious competitors, but the roses dominate one’s mental and even physical scrapbook. In addition to hope, it is how we survive day-to-day. We look at the man or woman in the mirror and see an image that is as distorted from reality as the one in a circus fun zone.
- Links
My friend Lukas' book has officially been released: Value Investing: A Value Investor's Journey Through The Unknown... Sanjay Bakshi and Vishal Khandelwal's email exchange about why the rules for buying vs. holding a stock are not...
- Hussman Weekly Market Comment: The Back-story Of The Elephant In The Room
“Being wrong on your own, as Keynes described so eloquently in Chapter 12 of the General Theory, is the cardinal crime of an investment manager. The management of career risk results in very destructive herding. Investors should be aware that the U.S....
- Why We Don’t Believe In Science – By Jonah Lehrer
I knew the numbers were high, but if the 46% number is an accurate reflection, that is pretty remarkable. 10,000 years? Really? Last week, Gallup announced the results of their latest survey on Americans and evolution. The numbers were a stark blow to...
- Weekly Roundup - March 30, 2013
Where has the first 3 months of this year gone? Seems like just yesterday I was having to get used to writing 2013 instead of 2012 and now one quarter of the year is almost done. This past week was pretty good. Work went really smooth although I...
- Weekly Roundup - March 16,2013
After several issues with the rig and parts breaking down, they finally got our tools out of the hole so I could finish up and get on the road. I'll be gone camping with my wife and some friends this weekend and the weather is supposed to be perfect....