Friday, December 24, 2010

And the merry go-round continues

1. “Spain is not Greece.”
Elena Salgado, Spanish Finance minister, Feb. 2010

2. “Portugal is not Greece.” 
The Economist, 22nd April 2010.

3. “Ireland is not in ‘Greek Territory.’”
Irish Finance Minister Brian Lenihan.

4. “Greece is not Ireland.”
George Papaconstantinou, Greek Finance minister, 8th November, 2010.

5. “Spain is neither Ireland nor Portugal.”
Elena Salgado, Spanish Finance minister, 16 November 2010.

6. “Neither Spain nor Portugal is Ireland.”
Angel Gurria, Secretary-general OECD, 18th November, 2010.


(Source: The Speculative Investor and The Big Picture)

Wednesday, November 24, 2010

Price Momentum based strategy

Valuation does not guarantee price, which is what we are trying to forecast. More often, valuation is a measure of risk level. Price, as many of us , learned in Economics 101, is determined by the laws of supply and demand which are in turn bounded by the human emotion of fear and greed! What's unique about price momentum based ranking system that no other variable claim, is that price cannot diverge from itself. Valuation, earnings estimates, economic fundamentals all have potential to move in the opposite direction of price, but price cannot diverge from itself. As a result, price momentum based ranking systems will lock on to the correct side of the trends. They also tend to get us out after a modest drawdown, thereby allowing profits to run while losses are cut short.
Source: Being Right or Making Money by Ned Davis Research (The above post is an excerpt from a post originally published on Pradeep Bonde's Stockbee blog.)

Tuesday, November 9, 2010

Bypassing US Taxes | The Big Picture

Bypassing US Taxes | The Big Picture

And we thought it happened only India. Click on the link and take a look at who's who of big brands increasing shareholder value by bypassing taxes.

Saturday, October 23, 2010

stockbee: Paul Tudor Jones and Episodic Pivots

stockbee: Paul Tudor Jones and Episodic Pivots: "“Anything greater than an 8 percent move in stocks in one day is probably because of something either so fantastic or so bad that taking mor..."

Wednesday, October 20, 2010

Pimco, NY Fed Said to Seek BofA Repurchase of Mortgages - Bloomberg

 

PIMCO, NY Fed and Blackrock joining hands to force Bank of America to repurchase the CDO/MBS and other instruments that were falsely represented and sold to investors during the worst mortgage crisis in history of America and world. It’s alleged that BOA represented incorrect information about the quality of loans and Loan-to-value ratio on some of the deals. Looks like start of a new round of write-off, finger pointing and ultimately erosion of shareholder value.

Full story @ Pimco, NY Fed Said to Seek BofA Repurchase of Mortgages - Bloomberg

Thursday, October 7, 2010

Lessons & Rules « The Kirk Report

Lessons & Rules « The Kirk Report

Some timeless words of wisdom.... Just like common-sense, they are very common, unfortunately just like common-sense very few follow them!!!

Sunday, October 3, 2010

stockbee: How to find profitable IPO trading opportunities u...

stockbee: How to find profitable IPO trading opportunities u...: "In the last few weeks the IPO's are in play. IPO's go through hot and cold phases. Suddenly in last few weeks IPO's have caught some bid. A..."

Friday, October 1, 2010