I still own a few shares of GOOG. It’s felt overpriced recently, but I’m holding onto a minimal amount at all times and trying to add more over time. So I’m hoping the price drops a bunch so I can pick up more cheaply. Do a search here for GOOG for my previous thoughts (years (more…)
Great overview and background on Gold as a Commodity over at Crossing Wallstreet. The summary for current investors is… My view is that the Federal Reserve will raise interest rates earlier than expected. I don’t know exactly when that will be but it will put gold on a dangerous path. For now, my advice is (more…)
From DealBreaker.com (via CrossingWallStreet): Goldman Sachs just revealed in an SEC filing that its traders made money on every single trading day last quarter, a record for the firm. Net revenue for trading was $25 million or higher in all of the first quarter’s 63 trading days with 35 of those days bringing in more (more…)
Trying to figure out what to think about this: (from BusinessWeek) The Nasdaq said after markets closed that it will cancel all trades of stocks that moved more than 60 percent from their price at, or immediately prior to, 2:40 p.m., when the slide started. The cancellation applies to trades executed between 2:40 p.m. and (more…)
Image by Getty Images via Daylife I’ve been reading Paul Krugman’s blog at NYTimes.com daily. Paul won a Nobel Prize for economics, so obviously a smart guy. He’s very thoughtful and always bases his opinions on research and current economic thought. I basically defer to this guy on all economic issues like finance reform, the (more…)
Via blog.xplana.com: Personally, I think this is a little conservative… though kids and professors on campuses would probably know more about how motivated professors are to switch to digital textbooks. What I do know is that no one likes spending $100 for a textbook and my professors were always empathetic to this. Obvious investment plays (more…)
There is a great QA with Herb Greenberg over at TheKirkReport. A few snips from the article: … Kirk: For good or for ill, how do you see financial journalism evolving with the use of blogs and other social media? Herb Greenberg: The good: Leveling the playing field with an enormous amount of information. Bad: (more…)
Christian no longer crossposts here, but he’s still an investor geek, blogging great stuff over at his blog at devspace.com. Here are a few articles I found interesting: Why “You Should Have Known Better” Does Not Cut It! Why The Republicans are Wrong To Block the SEC! Why We Are Not Buying Apple IPads WRT (more…)
I am currently reading The Snowball: Warren Buffett and the Business of Life in bits and pieces. It’s very entertaining. This is not the type of book I would normally purchase or maybe even pick up at the library. I’m as interested in Warren Buffet as anybody, but this thing is pretty thick and daunting. (more…)
I haven’t touched an RSS feed/reader in over a year, but I’m getting back into Google Reader… trying to bring interesting things to your attention. Anyway, this guy emailed us a while ago with his list of the best 100 Finance RSS feeds. Obviously link bait, but the list is decent. I’ll add some of (more…)
