September 2012

Angie

I’m not sure whether or not the markets fully appreciate the German about-face on keeping Greece in the euro, but let me tell you something – this is majorly significant.  Even if we don’t get anything concrete on it until post-US elections. Because Angie Merkel, the woman who holds all the gelt, has come around….

David Merkel: Why You Will Never Be Buffett

There’s a cottage industry online devoted to convincing investors that if they possess the same information and stock ideas as the wealthiest managers, they too can someday join their ranks. Which is obviously bullshit given the delayed nature of said information, the unstoppable madness of investor behavior, the circumstances of each wealthy player’s initial success…

Student Loan Debt: Now More Ridiculous Than Ever

Bloomberg BusinessWeek has a massive piece on the student loan bubble that you should probably get to this weekend. While proponents of college educations will rightfully cite the differential pay statistics between high school and college graduates, there are clearly other considerations.  Even despite the fact that college educated unemployment is around 4%, much better…

And now, ladies and gentlemen, I give you the John Mayer Ponzi Scheme

Aught’s decade crooner and America’s favorite starlet-nailing douchebag John Mayer may be the subject of a little clawback action – and I don’t mean the type of clawed backs he’s used to… From TMZ: John Mayer has just been dragged into a lawsuit over a $100 million Ponzi scheme — and according to the docs,…

Lengthen Your Timeframe and Step Back

The great thing about the financial web is that it’s an idea exchange and it’s educating millions of readers on hyper-specific topics that only the pros have an interest in writing about.  The drawback, however, is that there are many bloggers who simply need something to write about everyday, regardless of whether or not it…