Blogging’s 10th Birthday
Tuesday, June 1st, 2010 Posted in Uncategorized | No Comments »From the Wall Street Journal: It's been 10 years since the blog was born. Love them or hate them, they've roiled presidential campaigns and given everyman a global soapbox. Twelve commentators -- including Tom Wolfe, Newt Gingrich, the SEC's Christopher Cox ...
10 Businesses Facing Extinction in 10 Years
Saturday, May 29th, 2010 Posted in Uncategorized | No Comments »According to Entrepreneur.com (from September 2007): Record stores Camera film manufacturing Crop dusters Gay bars Newspapers Pay phones Used bookstores Piggy banks Telemarketing Coin-operated arcades(HT: Ben Cunningham)
Finance is Top Major at Boston College
Friday, May 28th, 2010 Posted in Uncategorized | No Comments »After years of being close, finance has finally overtaken communication as the most popular area of study at Boston College. This marks the first time in University history that a major outside of the College of Arts and Sciences ...
Top Ten Reasons That $100 Oil Won’t Last
Saturday, May 22nd, 2010 Posted in Uncategorized | No Comments »1. The amount of oil in storage tanks around the world is near all-time highs. 2. Supply below ground is abundant. The world's proven reserves are now at 1.4 trillion barrels, up 12% in the past 10 years. 3. Production is set ...
Bank Stocks Outperform Market in The Long Run
Saturday, May 22nd, 2010 Posted in Uncategorized | No Comments »Bob Wright wrote in a recent comment "If you look at financial stocks over any meaningful period - like 10 years or more, they kill the DJIA and the S&P 500. They even out-performed over the last 5 years ...
Stock Market Investing: Some Words of Wisdom
Thursday, May 20th, 2010 Posted in Uncategorized | No Comments »With all of the turmoil and uncertainty about the stock market, here six good quotes from Warren Buffet: 1. The future is never clear, and you pay a very high price in the stock market for a cheery consensus. Uncertainty is ...
The Fed’s Undeserved and Unnecessary Attention
Wednesday, May 19th, 2010 Posted in Uncategorized | No Comments »A lot of attention is paid to the Federal Reserve's monetary policy, especially its ability to frequently change its target for short-term (overnight) rates, the "Federal Funds Rate." As the chart above shows (click to enlarge), the target rate for the ...
Chart of the Day: Stock Index vs. Home Price Index
Wednesday, May 19th, 2010 Posted in Uncategorized | No Comments »Home prices have been falling (see WSJ article), but still dominate stocks over the last 10 years. Compared to ten years ago, the S&P500 Index today is 2X higher, but home prices are 2.68X higher. From CNBC's RealtyCheck: "Prices may ...
Let Wal-Mart Fix U.S. Health Care. Seriously.
Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »The discount retailer already has made major inroads into accessible, affordable care through lower drug prices, walk-in clinics and electronic record-keeping. Why stop there? Wal-Mart has done more to expand coverage and lower costs in the past year than any government ...
Index Funds Consistently Outperform Actively Managed Mutual Funds
Saturday, May 15th, 2010 Posted in Uncategorized | No Comments »1. The S&P 500 Index consistently outperformed 98% of mutual fund managers over the past three years and 97% over the past 10 years, ending October 2004. In two 30-year studies, the S&P 500 outperformed 97% and 94% of managers. ...
