macroeconomics professor – from the internet that makes sense
I asked an old Macroeconomics professor of mine to comment on the current state of the economy, and clear things up for me, since most articles I have read have…
Seth Klarman – Baller – We haven’t learned from 2008
In these annual-letter excerpts, from VII, investing legend Seth Klarman explains why he believes no long-term lesson have been learned from 2008, defends short-selling, and describes the two key elements to…
Cullen Roche = Baller Status $$
I would argue that looking at a govt’s balance sheet is misleading. You need to judge a govt’s effectiveness by the prosperity of its citizenry. Govt doesn’t exist for…
Warren Buffett is defrauded and doesn’t know it! $$
Buffett’s – BYD = chinese fraud http://www.grist.org/list/2011-07-22-warren-buffets-crazy-like-a-fox-plan-to-revive-americas-auto-ind
Bubble Trouble – My favorite prescient person – Andy Xie
By ANDY XIE The current generation of decision makers was raised in a string of bubble economies. This environment has greatly influenced their sense of balance between a bubble economy…
china debt
http://mpettis.com/2011/07/incentives-and-debt/ want to start this newsletter with a story that may be fairly illustrative of one of the problems within the Chinese economy that I worry about. …
Bye bye commodities commodity long-only who buy to hold are going to experience a > 50% drawdown (from current levels) on their industrial metals, crude oil and agricultural positions sometimes in the next 12-18 months.” The catalyst: China.
Industrial commodity bulls may be advised to steer clear of the latest quarterly commodities update by Global Tactical Asset Allocation’s Damien Cleusix whose conclusion is that “Most commodities remain deeply…