This morning I had the pleasure of attending a hedge fund industry event where the featured speaker was Gregory Zuckerman, the author of The Greatest Trade Ever. I was one of the few in the audience who had not yet read the book but a lot of what was discussed has already made it’s way into…
Joshua M Brown
Hot Links: Top China Myths, Top Stocks for 2010, Top Fails of 2009
Stuff I’m Reading this Morning… FINALLY! Bess Levin meets Steve Cohen! The prophecy has been fulfilled. (Dealbreaker) Top Ten China Myths of 2009. (NewYorker) Twas The Night Before Earnings… (SharonMerrillAssociates) Raymond James‘ global research team picks the Best Stocks for 2010. (MarketFolly) Another blogger gets the call: Congrats to Mike at Rortybomb on his new…
"I Will Not Sell Land in Florida"
Believe it or not, this one’s from Season 2 of the Simpsons back in the early 90’s. If only these words were heeded in, say, 2005. Source: Bart’s Blackboard
1 Trillion in US Credit Card Debt
Financial infographs like this one are especially interesting when they give you perspective on a global basis. This piece takes a look at the credit card usage and outstanding debt of US consumers vs that of other countries… Click to Embiggen! Source: Derri_Hasmi
A Roundup of Crude Oil Predictions and Targets
Remember when the producers of Diff’rent Strokes decided that Arnold wasn’t cute enough anymore so they brought on the quintessential red-headed stepchild, Sam, to ratchet up the adorable factor? Gary Coleman probably felt a lot like Crude Oil feels now that Gold has replaced it as the commodity speculators’ darling. Anyway, let’s take a look…
The Death of the Intermediate Term
Trying to formulate an intermediate-term opinion on a stock right now is like building a house on quicksand.
There, I said it.
Hot Links: Emerging from Exile
Stuff I’m Reading… Volcker to bankers: Your biggest contribution over the last 25 years is the ATM machine. LOL. (NakedCapitalism) BofA/ Merrill Lynch: 10 Themes for 2010 (emerging market consumer, alternative yield etc). (MarketFolly) Dick Fuld emerging from exile with a plan to help out small business owners in need of funds. (NYP) Goldman‘s big…
An Ugly December For The Euro So Far
Le Euro hasn’t been looking good since the start of the month and today’s credit downgrade on Greece’s sovereign debt certainly didn’t help. Wondering about the strength in the dollar and the weakness across commodities today (ex-nat gas)? Look no further than here: The ratings agencies seem to be in the driver’s seat here as…
Journalists with Questionable Endorsement Deals
Fox News “journalist” Glenn Beck has recently come under fire for his endorsement of Goldline, a seller of gold bars and coins. Not only does he do live commercials for Goldline, he has also been telling his viewers to buy gold to protect themselves from the government’s policies. Beck is not the only on-air news…
6 Traits of a Great Banker, According to Bruce Wasserstein
In a beautifully worded and heartfelt tribute to the late banking legend Bruce Wasserstein, his friend Martin Lipton recounts the 6 traits that Wasserstein believed a great banker ought to possess.
