tumblrcounter

Yep, we're screwed.

I’ve been watching Bernanke get questioned on CNBC / C-SPAN today. I’ve realized that most of the people who make the laws that govern our country have literally highschool understandings of the economy at best. It’s like watching Bernanke teach a Freshmen Macro Econ class to trust fund babies. Continue reading

Why active management?

Very often during the CFA study, we come across the statement that on an aggregate level active management does not beat its benchmark taking additional costs into account. Then why do they still exist? Continue reading

Is Facebook the next Google or...?

The year was 1996 and I vividly remember sitting in my Finance 101 class taught by Dr. Benecke at the University of Nebraska at Omaha. There was a guy named Mike who was a pretty sharp guy and he was telling me that he was taking out a student loan to buy some shares of Yahoo. Continue reading

The Great Divide: Outlooks From Bust to Buy

Ever since I first read a book by Ben Graham in my sophomore year of college I’ve stayed pretty close to the markets. I don’t watch CNBC all day, but I do read a fair number of opinions and outlooks on the markets and equites. Rarely have I even seen such a divide between the bulls and the bears. Continue reading

Wells Fargo Bankers Bringing Buffett-Assisted Revenue

“It was about a year after Wells Fargo & Co. and Kovacevich, the bank’s chairman at the time, had announced a plan to purchase Wachovia Corp., and now he was reaching out to Warren Buffett for help, Bloomberg Markets magazine reports in its March issue. Just days before, Buffett had heralded his own acquisition of railroad Burlington Northern Santa Fe Corp. for $26 billion.” Continue reading

Having my test rescored?

Here is my dilemma. I failed the dec 11 test by a pretty strong margin. The buddy I studied with did considerably better but still did not pass either. I thought we were in the same ball park the whole way through. Continue reading

Pages