Money and Finance
Take financial talking-heads with a grain of salt - By Mark Sellers
Everyone acts in his or her self-interest. This is a key facet of humanity, and keeps our society moving forward.
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Think about that the next time you make an investment decision. As an investor, it is in your interest for your portfolio to do as well as possible with the least risk possible. Unfortunately, this is not the goal of most of the people you may rely on for news and advice. There are conflicting incentives everywhere in the world of finance.
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This is something to keep in mind when you read the newspaper, watch CNBC, or manage your personal finances. Various stock market players have different incentives, none of which is necessarily in your best interest:
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And a note to Mark Sellers, since the above links to the last article he'll be writing for the Financial Times, thank you for your rational thoughts and all the best!
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Notes From The 3rd Annual New York Value Investing Congress By Marcelo Lima
Notes from 5 speakers: http://blog.valueinvestingcongress.com/2007/12/-.....-Mark Sellers at the 3rd Annual New York Value Investing Congress by Marcelo Lima - Mark Sellers of Sellers Capital spoke at length about the Kelly Criterion (you can read all...
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Weekly Roundup - May 31, 2014
We live in some truly amazing times. The World Cup will be starting soon and there's a doctor from Brazil that has the audacious plan to have a paralyzed person be able to use a exoskeleton suit and control it with his own mind. It's truly...
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Keys To Writing About Investing
Substitute 'damn' every time you're inclined to write 'very;' your editor will delete it and the writing will be just as it should be. - Mark TwainWhether you're just starting out or are a seasoned vet, I can think of no better...
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What To Do When A Sell-off Strikes Your Stock
We've all been there. You check your stocks in the morning, take a sip of coffee, only to find -- spppittt! -- one of your stocks is down big, real big. At this point many questions begin to race through your mind -- What happened? Did I miss something?...
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Dips, Doubling Down, Recession, And Vix
In the last post I spoke to you about my crazy $20 a month buys in 16 stocks technique. Today I will talk about my crazy VIX hoarding technique. This topic was brought to you by Div4Son. http://div4son.blogspot.com/ This is a long rant. I highlighted...
Money and Finance