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African Nations’ Debt Forgiveness – Surprise!

African Nations’ Debt Forgiveness – Surprise!

African Nations’ Debt Forgiveness – Surprise! by Cook & Bynum Debt forgiveness without addressing the reasons for the accumulation of the debt (i.e. spending beyond one’s means) mostly just postpones the inevitable.  Economic development in Africa to lift people out […]

The Limits of Risky Asset Diversification

  Stock diversification is overrated. Alternatives are more overrated. High quality bonds are underrated. This post was triggered by a guy from the UK who sent me an infographic on reducing risk that I thought was mediocre at best. First, […]

BNSF Railway Considering Bid For Norfolk Southern

BNSF Railway Considering Bid For Norfolk Southern

It looks like Warren Buffett’s railroad conglomerate BNSF may make a bid for Norfolk Southern, potentially turning Canadian Pacific’s current offer for Norfolk into a bidding war. In an interview on Thursday, BNSF Railway Executive Chairman Matt Rose said he […]

Strategic Petroleum Reserve Affected by New Laws: EIA

Strategic Petroleum Reserve Affected by New Laws: EIA

Buy high sell low seems to be the mantra of the US Congress…. The United States Energy Information Administration (EIA) said the two recently enacted laws—the Bipartisan Budget Act and the Fixing America’s Surface Transportation Act— will affect the country’s Strategic […]

Pakistan Needs German Weapons To Beat Terrorism

The Defence Minister of Pakistan has shared that the country requires more German-made weapons in order to make a greater impact in its war on terrorism. Islamabad has been working to eradicate domestic terrorism and regional insecurity in the wake of […]

Energy Sector Upgraded-Wait… What?

Energy Sector Upgraded-Wait… What?

As the end of the year approaches, various firms are putting out their stock recommendations for the year ahead. The Energy sector has gotten killed this year, dragging so heavily on earnings in the S&P 500 that the index posted […]