Posted April 23, 2010 at 10:30 pm
from Billy at:
All the greats say the same thing – it is not about how active you are in the market,it is about how right you are.
Investing is not about the volume of activity,it is about sustainable compounded returns at low risk – volatility is only a risk if you use short term capital.
Interesting comments about technology companies – the biggest losses in my portfolio have come from the technology sector (America Movil, Nokia, Garmin) though I have now broken even on technology companies with the revaluation of Intel, Microsoft, Dolby and Infosys.
Posted April 20, 2010 at 2:48 pm
Compliments of wattsupwiththat.com
From the “you just can’t make this stuff up department“, something so outrageously stupid, you wonder how the Navy Admiral being interviewed by congressman Hank Johnson (D) GA kept himself from busting out laughing.
It should be an April fools joke, but isn’t. Watch the video below.
Posted April 19, 2010 at 12:12 am
with permission from msnbc.com
( patience. Video may take 30 second or so to load )
Posted April 13, 2010 at 12:29 am
Still finding it awkward, sorta mentally exhausting, when recruiting folks into your deal (hey, but wait a second… you’re a Wealth Member. You’re not supposed to be messin’ around anyway with old fashioned / old-school tactics)?
If so, some advice to try on is:
Posted March 18, 2010 at 11:57 pm
A special thanks to The Jutia Group for bringing this fun little video to our attention:
|The Daily Show With Jon Stewart||Mon – Thurs 11p / 10c|
|In Dodd We Trust|
Posted February 21, 2010 at 12:34 pm
by Thom Powers:
Toronto International Film Festival
Americans generally like to hear good news. They like to believe that a new president will right old wrongs, that clean energy will replace dirty oil and that fresh thinking will set the economy straight. American pundits tend to restrain their pessimism and hope for the best. But is anyone prepared for the worst?
Meet Michael Ruppert, a different kind of American. A former Los Angeles police officer turned independent reporter, he predicted the current financial crisis in his self-published newsletter, From the Wilderness, at a time when most Wall Street and Washington analysts were still in denial. Director Chris Smith has shown an affinity for outsiders in films like American Movie and The Yes Men. In Collapse, he departs stylistically from his past documentaries by interviewing Ruppert in a format that recalls the work of Errol Morris and Spalding Gray.
Sitting in a room that looks like a bunker, Ruppert recounts his career as a radical thinker and spells out the crises he sees ahead. He draws upon the same news reports and data available to any Internet user, but he applies a unique interpretation. He is especially passionate about the issue of peak oil, the concern raised by scientists since the seventies that the world will eventually run out of fossil fuel.
While other experts debate this issue in measured tones, Ruppert doesn’t hold back at sounding an alarm, portraying an apocalyptic future. Listening to his rapid flow of opinions, the viewer is likely to question some of the rhetoric as paranoid or deluded, and to sway back and forth on what to make of the extremism. Smith lets viewers form their own judgments.
Collapse also serves as a portrait of a loner. Over the years, Ruppert has stood up for what he believes in despite fierce opposition. He candidly describes the sacrifices and motivators in his life. While other observers analyze details of the economic crisis, Ruppert views it as symptomatic of nothing less than the collapse of industrial civilization itself.
Posted February 13, 2010 at 7:28 pm
U.S. investors might have the opportunity of a lifetime to benefit from bonds and stocks coming out of at-risk European countries, with Zane Brown, Lord Abbett and James Altucher, Formula Capital.
Posted January 4, 2010 at 10:36 pm
Here is an exclusive look at the 2010 Documentary from The Rich Dad Company:
Posted December 30, 2009 at 12:05 pm
by Peter Gorenstein
Tech Ticker conducted hundreds of interviews this year with dozens of guests on numerous topics. But one guest consistently garnered massive amounts of excitement and (for the most part) positive reaction from you, the audience.
Without question, Howard Davidowitz of Davidowitz & Associates is the audience’s favorite guest of the year.
Davidowitz is a straight shooter who always tells it like he sees it.
Posted December 23, 2009 at 10:19 am
By Greg Roy:
Today’s video is the most shocking presentation of a story that I have ever seen on mainstream media.
Dylan Ratigan has been at the forefront of pointing out the deception that our financial and political leaders are engaging in.
In today’s video, his guest is Congresswoman Wassersman-Schulz of Florida. She is there to do what just about all politicians do: tell us what great work they are doing on our behalf.
She tries to get in her story using feel-good buzzwords that the health care bill is a big win for consumers.
I don’t view it that way.
My background was in construction. How would you feel if the federal government passed a law that mandated you to purchase a quarterly home inspection from my former construction firm. Your chimney, your drywall, your structure, your heating, cooling, and electrical systems would all be checked and you’d be alerted to any problems.
The fee for this inspection would be $7,500 per year. You have to buy the home inspection. If you don’t, you will be fined substantially. If you refuse to pay the fine, you will go to jail.
Now, you might not want to pay $7,500 per year for a home inspection. Too bad, the law says that you have to buy it or else.
That’s what the health care bill does. It requires you to buy health insurance.
How is a law that requires me to buy something that I have no interest in buying a win for me?
It’s not a win for me. It’s not a win for consumers.
Who is it a win for? The insurance companies, as the law requires you to buy their over-priced product.
That is why their stocks have risen in the past month or two. Dylan is trying to make the connection between the rising stock price and the fact that this health care bill is a gift to the big insurance companies.
If it was really tough on the health insurance companies, and thus better for consumers, you would have seen their stock prices fall, not rise.
But in reality, the health care bill truly is a tremendous gift to the health insurance companies.
The Congresswoman refuses to make the connection. She just wants to keep blathering on using all the warm and cozy buzzwords that make it sound like this health care bill is a big win for consumers.
That is a pure lie, plain and simple. After this bill becomes law it is going to cost us all even more for health care than it currently does, and the level of service will go down, while the profits at health insurance companies go up.
I don’t call that a win for consumers.
Dylan simply refuses to let her spew her talking points.
What ensues is rarely seen in the mainstream media. I wish we’d see more of it, and we probably will. We cannot just let these people lie to us while handing over more and more of our money to their deep-pocket political donors.
Contrary to what the President is claiming, this path we’re on is going to lead to national bankruptcy.
Dylan ends up later issuing an apology for being “rude,” but I don’t think he should be apologizing. I think that instead, the members of Congress who are deceiving the public should be the ones apologizing for their actions.