Money and Finance
- Broyhill Asset Management Investment Update
Our last investment update was published shortly after the November elections. At the time, we suggested that historically, markets don’t care very much about election results and noted that year-end rallies were quite typical in election years. Since...
- Economist Touts Radical Idea For U.s. Election Rivals
When it comes to evaluating the economic and fiscal proposals of Democratic President Barack Obama and his Republican challenger, Mitt Romney, in the U.S. election battle, economist Richard Duncan takes a firm pox-on-both-their-houses view. The Democrats...
- Sequoia Fund Campaigns Against Goldman Board Member, Former Fannie Ceo Jim Johnson
Found via Naked Capitalism. As your investment manager our goal is to own shares in outstanding public companies that boast both excellent long-term performance records and ethical corporate governance standards. In the normal course of business we shouldn’t...
- John Mauldin: The Answer We Don’t Want To Know
2012 will be the 11th time in my short life that I will be able to participate in the choosing of a president of the United States. While it may just be me, it seems like each and every election is cast as the most important election of our time and a...
- Getting Back To The Gold Standard
Thanks to Will for passing this along. Jim Grant’s rise to power may be delayed. The legendary Wall Street writer, publisher of Grant’s Interest Rate Observer, has been mentioned by two of the rivals for the Republican presidential nomination. Newt...
Money and Finance
Bill Gross – November 2012 Investment Outlook: Time To Vote!
So I pulled out my magic lamp that for some reason works only every October 22nd, and rubbed until the Genie appeared in his red and white checkered cloak with a 10-inch diameter Flavor Flav clock hanging ceremoniously around his neck. Being a rather forward, although not disrespectful Genie, he immediately said, “Mr. G, instead of the yield on the 10-year Treasury, perhaps this year you should wish to know who is going to win the Presidential election?” After some thought I replied, “Nah, I need some breaking news, Mr. Genie, something that will make a difference, something that will shock the world, like when does the iPhone 6 come out?” Obama/Romney, Romney/Obama – the most important election of our lifetime? Fact is they’re all the same – bought and paid for with the same money. Ours is a country of the SuperPAC, by the SuperPAC, and for the SuperPAC. The “people” are merely election-day pawns, pulling a Democratic or Republican lever that will deliver the same results every four years. “Change you can believe in?” I bought that one hook, line and sinker in 2008 during the last vestige of my disappearing middle age optimism. We got a more intelligent President, but we hardly got change. Healthcare dominated by corporate interests – what’s new? Financial regulation dominated by Wall Street – what’s new? Continuing pointless foreign wars – what’s new?
- Broyhill Asset Management Investment Update
Our last investment update was published shortly after the November elections. At the time, we suggested that historically, markets don’t care very much about election results and noted that year-end rallies were quite typical in election years. Since...
- Economist Touts Radical Idea For U.s. Election Rivals
When it comes to evaluating the economic and fiscal proposals of Democratic President Barack Obama and his Republican challenger, Mitt Romney, in the U.S. election battle, economist Richard Duncan takes a firm pox-on-both-their-houses view. The Democrats...
- Sequoia Fund Campaigns Against Goldman Board Member, Former Fannie Ceo Jim Johnson
Found via Naked Capitalism. As your investment manager our goal is to own shares in outstanding public companies that boast both excellent long-term performance records and ethical corporate governance standards. In the normal course of business we shouldn’t...
- John Mauldin: The Answer We Don’t Want To Know
2012 will be the 11th time in my short life that I will be able to participate in the choosing of a president of the United States. While it may just be me, it seems like each and every election is cast as the most important election of our time and a...
- Getting Back To The Gold Standard
Thanks to Will for passing this along. Jim Grant’s rise to power may be delayed. The legendary Wall Street writer, publisher of Grant’s Interest Rate Observer, has been mentioned by two of the rivals for the Republican presidential nomination. Newt...