Skip to main content

Features of the week

Record M&A activity, lessons on investing, thoughts on the commodity "super cycle", $80 oil, and more. That's what we have for you today in our "Features of the week". Read on!

1. Brent crude within sight of record. London's benchmark crude oil contract nears $78, "less than a dollar shy of its record $78.65" of last August.

2. Thoughts on the "commodity super cycle" and inflation. Steve Saville, via Safehaven.

3. How to Leave Iraq. Time Magazine calls for an "orderly withdrawal" of U.S. troops from Iraq.

4. Mergers, mergers everywhere. With $2.7 trillion in deals done in the first half of 2007, worldwide M&A activity is set to hit a new record this year.

5. Jim Grant speaks with Bloomberg about the credit markets, subprime, and his investment outlook. An excellent interview. Hat tip to John at Controlled Greed for this one.

6. Miami's condo glut is pushing Florida to the brink of recession.

7. "There has never been a tougher time to be wealthy", says Bloomberg's Matthew Lynn.

8. The New York Times on our, "New Gilded Age".

9. Is your city/town in recession? Michael A. Nystrom documents local business conditions in, "Boston's Crumbling Economy".

10. As the U.S. national debt piles up, Mike Hewitt asks, "Who do we owe and how much?".

11. "Lesson 1 on the Stock Market", courtesy of Zapata George Blake.

12. Investors should stay away from covered calls, warns Motley Fool.

13. "Pitting Buffett versus Lampert". James Altucher wonders who is the better investor, Warren Buffett or Ed Lampert?

14. "The importance of having ideas". Another hit from James Altucher's FT column.

15. Warning signs for hazardous stocks, courtesy of Best Way To Invest.

16. An introduction to Income Statements and Balance Sheets, from Best Way To Invest.

17. "No wonder Boris Berezovsky has so many enemies", concludes Edward Lucas. Hat tip to Gideon Rachman's blog.

18. Robert Blumen discusses, "The Myth of the Platform Company".

That's it, gang. Have a nice 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. ...