December 2012

Marginally Upbeat Data

From CNBC: Weekly jobless claims fell sharply while retail sales rose in November in a sign that steady job creation is adding momentum to consumer spending in the fourth quarter. Producer prices also fell amid a drop in petroleum costs. Sales rose 0.3 percent, the Commerce Department said on Thursday. Economists polled by Reuters had…

Housekeeping

I had a really busy day today (that time of year!) but wanted quickly point you to a few things: First, Berkshire’s buyback news today was interesting, was glad to see it as a shareholder.  The buyback threshold has now been raised to 120% of book value up from 100%, which Motley Fool believes means…

Grading the Pundits’ 2012 Predictions

Punditry….tis a difficult business. But many attempt it, the risk is low and the reward is high – some people can make an entire career with a prescient call, even while sweeping their terrible calls under rug every year thereafter. There’s a website that’s dedicated to tracking the calls of the pundits and grading their…