Skip to main content

Features of the week

We've got a lot of information to share in this Friday's edition of our "Features of the week".

And while I'm definitely a proponent of being selective when it comes to information, I do hope you'll all take some time to check out these article features which cover a number of different, and fascinating, topics. Having said that, enjoy!

1. "Good Companies, Bad Karma". A Q&A discussion with marketing guru Jagdish Seth.

2. "Freedom, not climate, is at risk". An FT comment by Vaclav Klaus.

3. The cost of gasoline around the world. Excellent graph and analysis from The Oil Drum.

4. There's a downside to Alberta's oil boom and it comes in the form of soaring rents and shortages in education, recreational opportunities, and medical services.

5. Building cities in the desert sand. Prince Fahd bin Sultan and construction mogul Bahaa Hariri hope to build megacities in Saudi Arabia where desert now stands.

Will their long term plans be hampered by the onset of peak oil and higher energy prices?

6. Is there a bubble in the Chinese stock market? Are valuations in India too high? Will a market plunge in China spread to other Asian stock markets or is the speculative mania confined to the Chinese mainland?

These, and other important questions, are hashed out by noted investors such as, Mark Mobius, Jim Rogers, and Marc Faber, in "Chinese Checkers".

7. Political turmoil creates a buying opportunity in Thailand.

8. A Motley Fool interview with value investor Mohnish Pabrai. Parts one and two of "Pabrai's Perspectives on Investing". Thanks to David Hui Lau for sharing these links.

9. The Financial Philosopher wonders if financial blogs are making the markets more efficient.

10. John Rubino interviews Bill Laggner and Kevin Duffy of Bearing Fund LP, and the talk turns to "value traps" in the market.

11. Richard Russell remembers when a dime bought a loaf of bread, but then, "I'm an old-timer...".

12. Doug Wakefield and Ben Hill discuss debt, the economy, and the outlook for the markets as seen through the viewpoints of two fictitious investors in, "Ed 'N' Earl".

Further to the points made in the Wakefield/Hill article about the Great Depression, some reference links courtesy of the Mises Institute:

*America's Great Depression, by Murray N. Rothbard.
*Banking And The Business Cycle (PDF), by C.A. Phillips, T.F. MacManus, and R.W. Nelson.

13. "Toxic Debt: The Poison In Your Pension". Bloomberg Markets reports that banks are selling the riskiest part of collateralized debt obligations (CDOs) to public pension funds. You know what they say, "Caveat Emptor".

14. Newsweek reports on a $3 gadget that provides safe drinking water. Hat tip to The Kirk Report for this article.

15. Fintag and friends worry about an upcoming June correction and the possibility of a fall crash. Are they jivin'?

16. NYMEX explores a sale as the CME sweetens its offer for the hotly pursued CBOT.

17. Americans are less happy today than 30 years ago, according to an Italian study.

18. Whitney Tilson shares some not-to-be-missed tips for value investors.

19. Edward Chancellor takes an imaginary look back at Blackstone Group's tenure as a publicly traded company. Hat tip to Abnormal Returns.

That's all, friends! Enjoy your weekend.

Popular posts from this blog

How to "Pull the Trigger" on Your Trading Ideas

In our last post, I quoted hedge fund manager, Jim Leitner on the importance of following up on your investment ideas.  Today I'd like to follow up and share some thoughts on how you can learn to consistently "pull the trigger" on your best trading setups and investing ideas. In order to help you do that, we'll take from the best and offer up key insights from interviews with top traders and trading psychologists like Alan Farley, Brett Steenbarger, and Doug Hirschhorn .  Now before we get to their key insights on overcoming trading anxiety and pulling the trigger on your trading ideas, let's remember what Jim Leitner said in his interview: "Learn to love to listen to people and when you hear something interesting, follow up on it. Don't just think, "Well that's an interesting idea" only to find out a year later that the company you could've bought shares in is now up 500-fold. You never want to say woulda, coulda, shoulda...

Market Wizard, Steve Clark on Trading: Grow Your Equity Curve

Trading wisdom recap: Steve Clark , founder of Omni Partners, was featured in Jack Schwager's 2012 book, Hedge Fund Market Wizards .  Clark's interview with Schwager provided us with some valuable trading insights; "Lessons from Hedge Fund Market Wizards: Steve Clark" was one of our most popular posts ever. If I had to pick my favorite sections from Clark's chapter, it would be boiled down to these two concepts: "Do more of what works (and less of what doesn't work)" and "Manage your equity curve". Here's his full quote on the supreme importance of growing your equity curve :  "Your job as a trader is to make the line of your equity curve go from bottom left to top right. That's it. Don't get hung up on other supposed "mandates". Protect your capital and the direction of that equity line. "   I will leave you with one last series of quotes from Steve Clark's interview with Jack Schwager. ...

Seth Klarman: Margin of Safety (pdf)

Welcome, readers! Signup for free email updates at the Finance Trends Newsletter . Update: PDF links removed due to DMCA notice. Please see our extensive Klarman book notes below. New visitors, please check the Finance Trends home page for all new posts. Here's something for anyone who has been trying to get a look at Seth Klarman's now famous, and out of print, 1991 investment book, Margin of Safety .  My knowledge of value investing is pretty much limited to what I've read in Ben Graham's The Intelligent Investor (the book which originally popularized the investment concept of a "Margin of Safety"), so check out the wisdom from Seth Klarman and other investing greats in our related posts below. You can also go straight to Ronald Redfield's Margin of Safety book notes .    Related posts: 1. Seth Klarman interviews and Margin of Safety notes     2. Seth Klarman: Lessons from 2008 3. Investing Lessons from Sir John Templeton 4. ...