Money and Finance
Part 1 of Phil DeMuth's Daily Journal Annual Meeting notes [H/T Will] (LINK)
Switzerland becomes first to sell 10-year debt at negative yield (LINK)
Chris Mayer: Notes on Deflation From Tokyo (LINK)
The Absolute Return Letter, April 2015: The 'Perfect Storm' (LINK)
Andrew Smithers: Risks and dangers in the aftermath of QE (LINK)
Oliver Sacks' autobiography, On the Move, will officially be published on April 28th (LINK)
How Tiger Killed Tiger (LINK)
Book of the day [H/T @Sanjay__Bakshi]: Structures: Or Why Things Don't Fall Down [This was also a book recommended by Elon Musk, HERE.]
- Links
Audible Clips... For those who listen to audiobooks on Audible, THIS is a nice new feature. Japan 10-Year Yield Drops to Record, Below Negative Deposit Rate (LINK) Investors at home and abroad can’t get enough 10-year Japanese government bonds, driving...
- Links
Aznaur Midov's Daily Journal Annual Meeting Notes [H/T Whitney Tilson] (LINK) [For a more detailed set of notes, though not free, see HERE. For audio of the meeting, while it's available at least, see HERE.] 60 Minutes segments from this past...
- Links
Michael Mauboussin and Dan Callahan: Min(d)ing the Opportunity - Excess Returns Require the Chance to Apply Skill (LINK) David Einhorn talks to the Hackley School (LINK) James Surowiecki: In Praise of Short Sellers (LINK) Claudio Borio's remarks in...
- Hussman Weekly Market Comment: Extraordinary Strains
Just weeks after the enthusiasm over Europe’s plan to plan for the possibility of using the European Stability Mechanism to bail out Spanish banks, the subtle technicality – that direct bailouts would make all of Europe’s citizens subordinate to...
- Recent Buy: Wmt; Watchlist For November-december
It feels good to get back into the buying game. On November 10, 2015, I bought 8.5339 shares of WMT at $58.59 for a total of $500.00 in my Loyal3 Account. Instead of explaining my rationale I am going to plagiarize Div4Son checklist...
Money and Finance
Links
Part 1 of Phil DeMuth's Daily Journal Annual Meeting notes [H/T Will] (LINK)
Switzerland becomes first to sell 10-year debt at negative yield (LINK)
Switzerland has become the first country to sell benchmark 10-year sovereign debt at a negative yield, as the implications of the European Central Bank’s bond buying programme continue to ripple across markets.
Spain Joins Negative Yield Club (LINK)With a yield of minus 0.055 per cent, investors are in effect paying to lend SFr232.51m (€222.4m) to the Swiss government until 2025.
Spain has joined the sub-zero debt club, just.
Kyle Bass's New Tack: Dispute the Patent, Short the Stock (LINK)The Spanish Treasury on Tuesday issued short-term debt yielding a shade under 0%. The €725 million ($796 million) in six-month Spanish debt delivers an average yield to investors of -0.002%. Buyers were still keen, placing bids worth five times that amount, according to the Treasury.
Chris Mayer: Notes on Deflation From Tokyo (LINK)
The Absolute Return Letter, April 2015: The 'Perfect Storm' (LINK)
Andrew Smithers: Risks and dangers in the aftermath of QE (LINK)
Oliver Sacks' autobiography, On the Move, will officially be published on April 28th (LINK)
How Tiger Killed Tiger (LINK)
Book of the day [H/T @Sanjay__Bakshi]: Structures: Or Why Things Don't Fall Down [This was also a book recommended by Elon Musk, HERE.]
- Links
Audible Clips... For those who listen to audiobooks on Audible, THIS is a nice new feature. Japan 10-Year Yield Drops to Record, Below Negative Deposit Rate (LINK) Investors at home and abroad can’t get enough 10-year Japanese government bonds, driving...
- Links
Aznaur Midov's Daily Journal Annual Meeting Notes [H/T Whitney Tilson] (LINK) [For a more detailed set of notes, though not free, see HERE. For audio of the meeting, while it's available at least, see HERE.] 60 Minutes segments from this past...
- Links
Michael Mauboussin and Dan Callahan: Min(d)ing the Opportunity - Excess Returns Require the Chance to Apply Skill (LINK) David Einhorn talks to the Hackley School (LINK) James Surowiecki: In Praise of Short Sellers (LINK) Claudio Borio's remarks in...
- Hussman Weekly Market Comment: Extraordinary Strains
Just weeks after the enthusiasm over Europe’s plan to plan for the possibility of using the European Stability Mechanism to bail out Spanish banks, the subtle technicality – that direct bailouts would make all of Europe’s citizens subordinate to...
- Recent Buy: Wmt; Watchlist For November-december
It feels good to get back into the buying game. On November 10, 2015, I bought 8.5339 shares of WMT at $58.59 for a total of $500.00 in my Loyal3 Account. Instead of explaining my rationale I am going to plagiarize Div4Son checklist...