Let me spend a moment coming to the aid of Greg Michaels, not that he really needs me to. Greg is the new writer on Dealbreaker and since his Bambi-esque beginnings, learning to stand up on the wobbly legs of a newborn fawn, he’s shown steady progress on the site. His topics are getting more…
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Squashing the Goldman Beef
You can always tell when you’re talking to someone who at one point in their career worked at Goldman Sachs. How? Simple. Within the first 5 minutes or so, they will begin a sentence with the phrase “When I was at Goldman,”. This is the real world equivalent of Anchorman‘s Ron Burgundy telling a girl…
Hot Links: Nat Gas, Mark Mobius & the NY Yankees
Stuff I’m Reading this Morning… Greenback’d posted the July mega-list of activist investor situations. Awesome. (Greenback’d) Piker gamblers hurting the casino business. (WSJ) Taobao.com is a monster of e-commerce in China. (NYT) Community newspapers doing ok, small is beautiful. (AP via YahooFinance) The 3 stages of a bear market illustrated. (InvestmentPostcards) My boy Todd Sullivan…
Torturing The Data Til It Screams
We all have at least one in our office. The guy who is quick to let you know that selling that call against Whole Foods Markets (WFMI) may be a mistake because supermarket stocks go higher on Thursdays after it rains in Akron, Ohio 77% of the time. The Data Miners. I’m cool with statistics…
Tudor Visions: Bear Market Rally in Stocks, More Weakness for Dollar
Paul Tudor Jones made some interesting observations in a letter to investors which Bloomberg picked up this weekend… On the Bear Market Rally: Slowing growth in China and the return of front-page stories on swine flu may be “further catalysts for global equity markets to pause in September”. “Impressive counter-trend rallies are a feature, not…
Saturday Night Video: Waterslides & Wild Things
First up, a giant waterslide jump that blew my mind. H/T Upside Trader. [vodpod id=Groupvideo.3147934&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Next is the new trailer for Where the Wild Things Are. My kid’s gonna freak out for this one. We read the book all the time, just like it was read to me 30 years ago. Kinda weird to hear…
James Montier Mauls the Efficient Market Hypothesis
“The EMH also teaches us that opportunities will be fleeting as someone will surely try to arbitrage them away. This, of course, is akin to the age old joke about the economist and his friend walking along the street. The friend points out a $100 bill lying on the pavement. The economist says, ‘It isn’t…
Hot Links: Ben Stein, The Link Economy & Johnny Appleseed
Hot Links for Weekend Reading… JPMorgan updates it’s outlook and strategy for stocks, oil, bonds and currencies. (PragCap) I don’t know what the better aspect of this link is, Ben Stein‘s being fired by the NYT or Equity Private‘s writing, which is brilliant. Click either way and read the post. (Dealbreaker) Blogger Felix Salmon breaks…
The Next Cash For Clunkers Program?
Source: Time Magazine Cartoons of the Week
Ritholtz Explains Blogging to Joe Kernan
Barry Ritholtz took a moment to explain blogging to CNBC’s Joe Kernan and as a fellow financial blogger, I though it was a terrific and succinct description of what we do and why. Joe Kernan (an ex-broker and an anchor that I have always liked) seemed to have taken a page from Dennis Kneale‘s playbook yesterday and…
