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Wednesday (12/28/11) Mid-Day Market Report

 Mid-Day Market Action   US:  Dow: 12171.47 (-0.98%), S&P 500: 1253.43 (-0.95%), NASDAQ: 2599.55 (-0.98%) Europe: CAC: 3071.08 (-1.04%), DAX: 5771.27 (-2.05%), FTSE: 5507.40 (-0.10%). Asia:Australia: 4088.80 (-1.25%),China: 2170.01 (0.18%),Hong Kong: 18518.67 (-0.60%),India: 4705.80 (-0.94%),Japan: 8423.62 (-0.20%),Korea: 1825.12 (-0.93%),Singapore: 2666.25 […]

Bronte Capital Critiques Bruce Berkowitz
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Bronte Capital Critiques Bruce Berkowitz

This write-up is ‘pre-Sears’, it is a clear reference to Bruce Berkowitz. Below we illustrate by example. This is a genuine portfolio from a big-name fund manager with a fantastic reputation whom politeness (and bad karma) prevents us from naming. American […]

US Stocks Slip
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US Stocks Slip

U.S. stocks opened lower, as investors remained cautious heading into the final trading days of the year. The Dow Jones Industrial Average slipped 15 points, or 0.1%, to 12241. The Standard & Poor’s 500-stock index was off two points, or […]

Videos

Rare Video Interview with Irving Kahn

Irving Kahn is still managing money after recently turning 106. Kahn talks about how Wall Street has changed since his earlier years. Quote from the video: “Well when I got to the Street in ’29/’28 it was much more of […]