Droppin’ Knowledge

Droppin' Knowledge: Henry Kaufman on the Politicization of the Fed

Henry Kaufman has a great op-ed in the Wall Street Journal this morning in which he expresses his near-term fears about a politicized Federal Reserve.  In the course of making his case that some political involvement in monetary policy is probably unavoidable, he gives us a quick history lesson on how US Presidents have historically…

Droppin' Knowledge: Matt Horween Unleashed

You guys know how much I love righteous indignation as a writing style. Matt Horween of TheStreet.com is ladling it out thick for anyone with a bowl in his six part op-ed that will run every day this week, enitled Fix America Now. Yesterday’s opener was crackling with skepticism over our military expenses in the…

Droppin' Knowledge: Bill Gross on the Aftermath of Engorgement

PIMCO’s Bill Gross has his July commentary up on the web and his perspective is, as always, no-nonsense and interesting.  He begins by graphically describing the circumstances that led to the obesity-related death of a baseball umpire as his set up: “Kill the umpire,” the fan cried to open the 1996 baseball season in Cincinnati, and…

Droppin' Knowledge: Doug Kass Takes on the Perma-Bears

“I have often written that both perma-bears and perma-bulls are attention-getters, not money-makers.” Doug Kass, May 2009 On May 27th, TRB fave commentator Doug Kass of Seabreeze Partners and TheStreet.com took on the Cult of the Perma-Bears.   As someone who is often characterized as a bear, he sought to establish the difference between people who have…

Droppin' Knowledge: Ron Baron

“this is the most attractive time to be an investor in my lifetime” – Ron Baron, May 2009 If you read pages 30 to 31 in Barron’s this weekend, then you, my friend, were Carpet-Bombed with Knowledge from one of the most interesting minds on The Street. Ron Baron, a 40-year market veteran with over…