Finance Wisdom
Peak Oil or Oil Bubble?
“No one goes there anymore – it’s too crowded.” – Yogi Berra Tired of high gas prices? They have risen sharply because oil prices have shot up from $10/barrel in 1990 to $20/barrel in 2002 to $60/barrel in 2005 and now to $145/barrel in 2008. Is this just a temporary spike or just the…
Read MoreIs the Market Efficient? Understanding the Efficient Market Hypothesis (EMH)
Efficient Market Hypothesis
Read MoreIs “Management Integrity” an Oxymoron?
Warren Buffet said: “In looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if they don’t have the first, the other two will kill you.” The story of Conrad Black, as told in the media, is of a very intelligent and energetic manager that used his skills to benefit…
Read MoreLeveraging into equities – The only source of wealth?
I was browsing through Forbes latest list of the 400 richest Americans and it occurred to me that they almost all made it there the same way. Basically, the ONLY way they made it super-rich is by leveraging into equities! Read more…
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