Stock Investment Lesson Pain

Stockholders are Fungible, Employees are Not

Stockholders are Fungible, Employees are Not (via Market Shadows)

J Tzimiskes writes a guest post at Angry Bear about the issue of who the corporation serves which I found very insightful. I like the employee-focus model, and if I were running a public company, I would put greater emphasis on happy employees than…


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When the hedge doesn’t work

When the hedge doesn’t work (via Market Shadows)

When the hedge doesn’t work Courtesy of John at Bronte Capital I run a hedge fund which means I am meant to hedge risk. However if you hedge away all your risk you hedge away all your returns. So you have in your head (or computer) some model of how…


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Portfolio Managers Shot Their Wads

Money Managers Shot their Wads on New Year’s Eve

Portfolio Managers Shot their Wads on New Year’s Eve (via Market Shadows)

Money Managers: ‘All In’ at Year End 2013 By Paul Price of Market Shadows This weekend’s Barron’s helped explain why we might have seen the short-term top right at the end of last year. By December 31st cash reserves in equity porftolios dropped…


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reminiscences of a stock operator pdf

Emerging Markets: 2014 Play of the Year?

2014?s Play of the Year? (via Market Shadows)

By Dr. Paul Price of Market Shadows Momentum traders have time horizons measured in hours, days or weeks. Investors seek superior returns over long periods of time. Their time horizon is truly “the rest of their lives”. Knowing what to avoid is …


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Fannie Mae Common Securitization Platform Fannie Mae Mortgage Insurance

Mel Watt on Fannie and Freddie – I want to go back to 2008

Mel Watt on Fannie and Freddie – I want to go back to 2008 (via Market Shadows)

Mel Watt on Fannie and Freddie – I want to go back to 2008 Courtesy of Bruce Krasting When Harry Reid (D-NV) changed the rules on how the Senate votes for a Presidential appointment, he opened the door for a critical change in the leadership at the…


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SP returns through Nov. 2013

Equities Did Not Die in 2008

Equities Did Not Die in 2008 (via Market Shadows)

By Paul Price of Market Shadows To many people it seemed like the end in late 2008 to early 2009.   Just like the movie Halloween’s killer, Michael Meyers, the market just wouldn’t die.   The S&P 500 averaged 17.6% per year in the period ended…


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Wall Street

The Lonely Bull

The Lonely Bull
Posted by Ilene
By Paul Price of Market Shadows

You can’t win if you don’t play.

The Lonely Bull (via Market Shadows)

By Paul Price of Market Shadows You can’t win if you don’t play. Bearish forecasters point out that small investors have been net buyers of equity mutual funds over the past few months. They claim that might be signaling a market top.  Mom and…


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TGIF – Stop the Rally, We Want to Get Off!

TGIF – Stop the Rally, We Want to Get Off! (via Market Shadows)

By Phil of Phil’s Stock World Enough already!  Look at this chart – there’s only 15% of us (bears) left yet still the media attacks us – why? What are they afraid of?  Why do Central Banksters Bernanke, Draghi and Kuroda all feel the need…


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reminiscences of a stock operator pdf

Taper Talk is Back – It’s Not Going Away This Time

Taper Talk is Back – It’s Not Going Away This Time (via Market Shadows)

Taper Talk is Back – It’s Not Going Away This Time Courtesy of Bruce Krasting The capital market for new issues and refinancing of corporate debt has been on a tear the past few months – I think that ended yesterday.  That’s because the dreaded…


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John Law and the Mississippi Bubble

John Law and the Mississippi Bubble (via Market Shadows)

John Law and the Mississippi Bubble Courtesy of Jesse’s Cafe Americain John Law and the Mississippi Bubble by Richard Condie, National Film Board of Canada


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The Money Bubble Gets Its Grand Rationalization

The Money Bubble Gets Its Grand Rationalization (via Market Shadows)

Courtesy of John Rubino. Late in the life of every financial bubble, when things have gotten so out of hand that the old ways of judging value or ethics or whatever can no longer be honestly applied, a new idea emerges that, if true, would let the bubble…


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Deflationary risks rising in the Eurozone; time for LTRO redux?

Deflationary risks rising in the Eurozone; time for LTRO redux? (via Market Shadows)

Deflationary risks rising in the Eurozone; time for LTRO redux? Courtesy of SoberLook.com The euro area may be facing renewed deflationary pressures. Inflation measures are now near multi-year lows and falling.   Source: Investing.com The area’s already…


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reminiscences of a stock operator pdf

Vietnam Sentences Bankers To Death

Vietnam Sentences Bankers To Death (via Market Shadows)

Let’s play “Is this Excessive?” Leave answers in the comment section.  Vietnam Sentences Bankers To Death  By STEVEN PERLBERG of Business Insider A Vietnamese banker and his business associate accused of embezzling $25 million of state money have…


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