Monthly Archives: June 2011

A Looming Problem in China

We wonder what will become of the dozens of Chinese ghost towns, which are literally unoccupied whole cities in China built for hundreds of thousands of occupants on loans such as those in the attached article. What will happen when these … Continue reading

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Another Disconnect w/r/t the Market

Narrowly focused company analysts are raising performance expectations for the businesses they follow while broadly focused market strategists and economists are lowering their estimates for market performance. One group is going to be wrong. David Dreman and many other value … Continue reading

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Where Does IT Talent Desire to Work?

                            It looks like most techies want to work for Facebook. (HT: Paul Kedrosky) &nbsp… Continue reading

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A New Blogroll Link

I have added a link to Whitney Tilson’s Value Investing Letter to the blogroll today. The Letter has timely updates on value investors and investing ideas. The link to his value investing website shall remain in the Value Investing Resources section … Continue reading

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What are NFLX’s Insiders Doing?

The sentence below was taken from a Thomson-Reuters report of a sale by another Netflix insider (the General Counsel) who has little skin left in the game. During the past two years, Netflix Inc. insiders have made 110 sales totaling … Continue reading

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From Howard Marks’s Latest Memo…

…see link to the right: Especially since the publication of my book, people have been asking me for the secret to risk control. “Okay, I’ll read the 180 pages. But what’s really the most important thing?”If I had to identify … Continue reading

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Is the Market Overvalued?

Great investors tend to focus on investing in one company at a time (bottom up) and ignore macroeconomic and macro-market forcasts (top down), but the CAPE and Tobin’s Q ratio are remarkably good at predicting long-run returns for the US … Continue reading

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Interesting NFLX Comments at D9

Today, Bob Iger: Disney CEO Bob Iger said today at D9 to expect a new Disney.com content site within a year. This “uber network” for the Walt Disney Company will be a home “for people to consume our content directly,” … Continue reading

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