Stuff I’m Reading this Morning… Stocks set to rip at the open as Dubai gets the rearview mirror treatment and China posts big data. (Bloomberg) The Andrew Ross Sorkin op-ed on Dubai, A Financial Mirage in the Desert. (NYT) Our economic consequences for being fat slobs. (InvestingCaffiene) A guide to November’s stock buyback announcements, including…
Andrew Ross Sorkin
Hot Links: Faber on Cramer, Kwak on Dimon & My Parents Were Awesome
Hot Links for Weekend Reading… Note To Jamie Dimon: Repeating Something Doesn’t Make it True – Kwak dismantles Big Bank Benefit Op-Ed. (BaselineScenario) Corporate board rules under the new Dodd finance reform bill. Important read for investors. (TBP) Two Madoff IT geeks arrested. I say Hang ’em High, he couldn’t have done it without them. …
Hot Links: Bad Hair Day
Stuff I’m Reading this Morning… STOP! Don’t cash out your 401(k) before reading this from Karl Denninger. (Market-Ticker) Here’s a great list of the basic books that all value investors should read. (ValuePlays) Cali has company: New York State is running out of cash. (InvestingContrarian) Frankly, America, Wall Street Really Doesn’t Give a Damn. (NYP)…
Hot Links: Brazil's Tax, Heroin & the Upside Crash
Stuff I’m Reading this Morning… Dick Bove has a word of caution for those looking to become analysts. (Dealbreaker) Look out! Brazil is imposing a “foreign investor” tax. (Clusterstock) Lindzon’s calling this phase of the rally an “Upside Crash”. (HowardLindzon) The race to save Lehman: an excerpt from Sorkin’s new monster book. (NYT) Economists see…
Hot Links: Under the Microscope
Stuff I’m Reading this Morning… Passport Capital makes the case for the agriculture investment theme. (MarketFolly) The unsinkable Whitney Tilson on housing’s non-bottom. (TechTicker) Like the rich kid paying off bullies in school, Goldman is set to give a big charitable donation to deflect our attention from $23 billion in bonuses. Andrew Ross Sorkin has…
Hot Links: Punk Animals
Stuff I’m Reading this Morning… Ace Fidelity International fund manager sees a multi-year bull market, led by emerging stocks. (Bloomberg) Lenny Dykstra sold a bunch of his World Series stuff, the ’86 ring went for 56 grand. (Dealbreaker) Twelve Juicy Buyout Candidates. (Clusterstock) A tragedy for family-owned businesses in this recession. (WSJ) The Fly takes…
Hot Links: Wild Street
Stuff I’m Reading this Morning… Andrew Ross Sorkin: We ♥ Mergers. (DealBook) Mr. Juggles translates Las Vegas Sands‘ conference call from corporatespeak to English. (LongOrShortCap) Guess which pro athlete just nudged himself over the billion dollar mark in terms of career earnings? (Forbes) Byron Wein’s making a comeback…sees the rally continuing. (Bloomberg) 50 Common Mistakes…
Guy Hands Comes Clean on Private Equity
I found this take on the private equity industry from one of its more well-known insiders to be refreshing in its honesty. Guy Hands is a “name brand” PE executive from London who made a very bad deal at the peak of the market. In his discussion with Andrew Ross Sorkin, he comes clean about…
