Monthly Archives: January 2011

Controversy in the World of Index Investors

Is Your Index Fund Broken? Smart Money By the Numbers by Jack Hough Published January 31, 2011 The Journal of Indexes gives academic treatment to bland investments, and so might not seem a likely source of hot controversy. The latest … Continue reading

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“Who Wants to be the Mayor (in China) who…

…reports that he didn’t get 8% GDP growth this year…nobody wants to come forward with that.” –Patrick Chovanec, Profesor, Tsinghua University (at 2:17 in the video below): This is my favorite explanation for the rise of several ghost cities in China … Continue reading

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Vitaliy Katsenelson’s Blog

I have just added VK’s Contrarian Edge to the blogroll. VK has strong opinions, but backed up with many facts. He has an interesting tid bit in today’s post: China consumes two-thirds of the world’s production of iron ore. Given the … Continue reading

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Netflix’s Quarterly Results

Netflix (NASD: NFLX) reported quarterly earnings after the bell today. Here is Martin Peers’ “Heard on the Street” column (I or one of my investment vehicles may be short NFLX): Screening Netflix’s Numbers  A DOW JONES COLUMN  Netflix Inc. (NFLX) signaled … Continue reading

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Does Your Mutual Fund Manager (or Broker) Have Skin in the Game?

Good article in today’s Wall Street Journal. I could not agree with it any more (subscription Required to read the whole thing): FUND TRACK JANUARY 18, 2011 Look for Money Managers With Skin in the Game By CHUCK JAFFE There … Continue reading

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A Wise Fool.com Article

I found wisdom worthy enough to teach my children in this fool.com article: What Everyone Ought to Know, but Doesn’t By Buck Hartzell | More Articles January 7, 2011 | Comments (24) In honor of the brand new year, I’ve … Continue reading

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Aswath Damodaran on Herding Behavior

I have read Aswath’s blog a few times and I am adding it to our blogroll today. He is a professor of finance at NYU’s Stern School of Business and has spoken at CFA Institute conferences. His comments on last … Continue reading

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Quote of the Day

I had a good laugh at this quote found at Graham and Doddsville (see link to the right): Isn’t it funny when you walk into a(n) investment firm, and you see all of the financial advisors watching CNBC — that … Continue reading

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Invert, Always Invert

Update 6/26/2020: Welcome to the readers of Ozan Varol’s book, Think Like a Rocket Scientist. I don’t know Ozal, but he referenced a blogpost of mine from 2011 in his footnotes for chapter 5 (footnote 47). Thank you Ozal. https://www.amazon.com/gp/product/1541762592/ref=ox_sc_act_title_1?smid=ATVPDKIKX0DER&psc=1 … Continue reading

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High-Priced Businesses: Jason Zweig on Facebook and the PM’s List of High-Priced Companies

Jason Zweig’s column in today’s Wall Street Journal is titled “Why the Fuss over Facebook Doesn’t Make It a Homerun” and it provides fodder for two posts on this blog today. This first post shows that market buzz, such as … Continue reading

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