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
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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?
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FED TO BUY MBS UNTIL THE SURI CRUISE ADMINISTRATION IN 2028
The Fed goes in for QE 3, looks like $40 billion in purchases a month of mortgage backed securities. Open-ended! Zero bound interest rates language extended to 2015. Buy corn dipped in silver, rolled in platinum. Republicans will go apeshit tonight on the evening news programs, I believe. Read Also: Lil Weezy says this is…
Tribe Called Quest – Pharcyde Mashup
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Analysts Slash Q3 Earnings Expectations Into the Rally
“As we close out the final days the same third quarter, those same models from those same analysts now show outright declines in expected revenues from the prior year.”
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Bacon Barter!
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