Posted by Jason Apollo Voss on Sep 30, 2009 in Best of the Blog, Blog | Comments Off
Yesterday the International Monetary Fund (IMF) disclosed its estimate of future bank losses due to the BURSTING of the mortgage bubble. The number: $1.5 trillion. Not exactly chump change. This amount is, however, $600 billion less than its April forecast. The reduction in the estimated losses is due almost entirely to a rise in the value of securities held by banks. Meaning that the...
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Posted by Jason Apollo Voss on Sep 25, 2009 in Best of the Blog, Blog | 1 comment
Happy Friday everyone. I hope that this post finds all of you doing well.
I wanted to make a few brief comments about the environment, especially as it applies to our modern capitalist economy. Primarily the focus is on two things that dramatically affect the environment:
The “dead end” nature of artificial chemicals and other people-made products.
The importance of accurate...
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Posted by Jason Apollo Voss on Sep 13, 2009 in Best of the Blog, Blog | Comments Off
Let’s step slightly outside the bounds of finance and talk about something that distresses me; something not often discussed in our culture. Namely, our culture of lying. I bring this up, not to moralize (because that’s not me), but to send up a corrupting influence in our society.
When I say culture of lying I am referring to lies both small and large. In the small lie category we...
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Posted by Jason Apollo Voss on Aug 24, 2009 in Best of the Blog, Blog | 1 comment
Monday’s Wall Street Journal carried a story about a sleazy practice on the part of Goldman Sachs. The piece states that Goldman analysts regularly report stock tips at “trading huddles” in advance of a public declaration in research reports. This would not be a big deal but frequently the Firm’s traders are in attendance at these meetings and they often call...
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Posted by Jason Apollo Voss on Aug 14, 2009 in Best of the Blog, Blog | 1 comment
The financial markets have had several sizable selloffs in the last week. Thank goodness.
Because the second quarter earnings season is essentially over, the emphasis now shifts from responding to the economic-wide insights provided by businesses in their earnings reports, to raw speculation and response to actual economic news. In other words, there is less overall news and more speculation....
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Posted by Jason Apollo Voss on Aug 10, 2009 in Best of the Blog, Blog | 2 comments
I have been reading the business and economic news with interest over the last several weeks. Increasingly there are a lot of stories that contradict one another in the same newspaper and on the same day. This reporting regards the state of the economy and usually centers on a quote from several prominent market prognosticators. In other words, the news stories are not factually based, but...
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Posted by Jason Apollo Voss on Aug 8, 2009 in Best of the Blog, Blog | 5 comments
This is the final edition of why investing in the stock market makes sense.
*****
Liquidity
Another advantage of investing in the stock market vs. other types of investments is liquidity. Even for thinly traded shares of stock, it usually only takes a day or two to sell your interest in a publicly traded firm. Compare this to trying to sell a house, office building, baseball cards, art, gold...
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