Free market hypocrisy
Graeme’s posted a response to my lost blog post: Offshoring. Who’s next? His experience of emigration has not left him a fan of free trade, or its proponents.
Offshoring. Who’s next?
Mark Thoma, of Economist’s view, surmises a Wall Street Journal article reporting Alan S Blinder’s change of heart about offshoring. Professor Blinder is a Princeton acedemic and former adviser to President Clinton. Hitherto, the Journal reports, he’s held the conventional view (among economists) that all countries who participate benefit from free trade as each focuses [...]
Is stock manipulation rife?
There’s uproar in the States over an interview Jim Cramer gave to The Street.com in December. If you don’t follow US stocks, and you’re not a trader you might not know who Jim Cramer is. Otherwise, odds-on, you come across him pretty much every day. He’s a former hedge fund manager, a ‘talking head’ who’s [...]
Investing in the uninvestable
British Energy ought to have been a blip on most value-oriented investors’ radars recently. It certainly ghosted across mine in February when its price hovered above 400p, its historical price to earnings ratio (PER) was below 5 and the company promised a big dividend payout. But the more I looked at British Energy, the less [...]
Together, we’re stronger
Mark Zuckerberg, founder of Facebook, says working together online boosted his Harvard classmate’s grades. Grades, profits: can the same principle apply? We hope so:
Extreme PE
On CXO Advisory Blog: A rigorous work-out for research into enhancing the predictive power of the price to earnings ratio, first publicised on Interactive Investor (see: The six cheapest stocks in the market). CXO surmises:
Careful parsing of earnings history can enhance the use of [...]
Best of the blogs
Thanks to everyone who sent in links in return for a chance to win one of five copies of Ken Fisher’s, ‘The Only Three Questions That Count’. I’ve closed the competition now, and notified the winners.
A selection of our favourite blogs and sites by investors, as selected by real investors and traders:
Adam Smith Institute Blog: [...]
Brown is taxing stupidity
[Editor’s note: Wynona is a guest blogger and industry insider I’ve recruited to give our blog some bite. Go on, give her some stick, she deserves it.]
Perhaps the most striking thing about yesterday’s ‘repackaging’ of tax in the UK – for that is what it was of course - is what it says about the [...]
Investors see through Brown’s blather
So the Chancellor stole David Cameron’s thunder with headline grabbing cuts in income and corporation tax. Judging by the spike in the FTSE during the speech, as soon as traders heard the words ‘tax’ and ‘cut’ they shouted ‘buy’.
As the dust settles, the real world, where the bad news is buried in the detail, is [...]
Have your say on Budget Day
What’s in store at 12.30 today? Stupified by too many of Gordon Brown’s ten previous speeches (and frankly a little agnostic on policy) I’ve turned to a couple of this blog’s erudite correspondents, Angela Frith and Steve Oakley, and selected bloggers of the World, or at least the UK, for their expectations. After the speech, [...]
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