Mar 10, 2010
When Sir John Templeton passed away in July of 2008, we lost one of thegreatest investment minds of our time.
But with great lucidity, in June of 2005, Sir John penned a memorandumto friends and family that is uncanny and prophetic in its vision ofwhat would happen to the...
Dec 2, 2009
I tuned into Charlie Rose's program this past weekend to watch a re-run of his November interview with Warren Buffett, and I was pleased to find out someone agrees with my view that inflation is our real worry.Recently, I gave my analysis of Buffett's Burlington Northern...
Nov 16, 2009
Warren Buffett s recent acquisition of Burlington Northern for an estimated $26.4 billion is another cagey move by the country s greatest investor.After announcing the deal, Buffett couched his old-fashioned railroad play as American as apple pie. It s an all-in wager on...
Sep 25, 2008
Yesterday Sen. Orrin Hatch was hitting the airwaves.The subprime crisis, he said, was the fault of the Clinton administration, who he said created the subprime mortgage crisis.Other Republicans have been laying blame on the financial crisis on minorities and illegal...
Aug 13, 2008
The world lost a truly great man this past July when Sir John Templeton passed away at the age of 95.Templeton is most widely known for his investment savvy, having founded the Templeton Funds. His business acumen is well deserved. Many of the great stock gurus I won t...
Mar 24, 2008
It must be important news: the article was buried in the back of the paper, in the weekend edition. Treasurys Are Still Hot Overseas the headline blares. A reassuring sub-headline follows: Central Banks Add to Their U.S. Assets to Support Dollar. According to the article,...
Mar 12, 2008
One bubble after another seems to be striking America.The first great bubble, perhaps the largest in human history up to that time, was the dot-com bubble.It popped in 2000.The dot-com bubble was followed by the housing bubble. In 2005, The Economist magazine called that...
Mar 3, 2008
Word last month that the FBI was opening up a criminal probe into the subprime mortgage mess should come as no surprise. Greed usually sprouts corruption.One of the reasons America has been the safe haven for the world and has been its economic leader (though we have just 5...