“I’ve seen the lights go out on Broadway, I saw the Empire State laid low.”
September 2012
The One Coffee Ring
Cartoon
Get Rich or Die Trying
There is only one takeaway: The Fed wants you to feel rich.
Jeffrey Gundlach Talks to Tom Keene at BM 50
Video.
Spielberg’s Lincoln Trailer Hits!
Video.
Hot Links: Fun With Losses
Your morning financial links, expertly curated.
New Blood
Berkshire’s got a brand new bag. You’ve almost never seen Warren’s company buy a stock and then blow it out a year later. Berkshire’s corporate culture is and has always been buy and hold; Buffett tries to own things he would never want to sell. But there’s some new blood at the company. Todd Combs…
The Fed’s Keyboard
Cartoon
The New Rules
Now everything is different. At first blush, QE3 does indeed look like a game changer. This business is not about making calls and sticking with them for the sake of being able to say you were right all along, it is about processing new information that will make a difference and dropping the opinions that…
What Happened Last Time?
Chart.