August 5, 2011

Get Ready To Buy ‘Em…


For months now, I’ve been waiting for QE3. I know it is coming. I just don’t know when. Yesterday, we got one step closer. Right now, there is no political will for more money printing. The average voter realizes that printing money does nothing but raise his living costs through inflation, while helping out a small subset of the Wall Street population who likes Read More
Categories: Comments On Events
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July 22, 2011

Opt-In


How do you make money in a boring range-bound market? Well, you certainly need to be resourceful. Finance guys have given us lots of toys to play with; the trick is to know which ones to use and how to use them correctly. I haven’t spoken much about options, but they are a key weapon in my arsenal. Longtime readers of this site will Read More
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July 5, 2011

What Should Greece Do?


From time to time, one of my friends simply says it better than I could ever imagine saying it myself. I have known Peter Gianulis, manager of Carrelton Asset Management for years. He is one of the deepest thinkers I know of when it comes to the markets. His fund also happens to have one of the best track records out there. So without Read More
Categories: Comments On Events
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June 25, 2011

Steady,…. Hold…. Hold…….


There’s this great scene in the Braveheart movie where the Scots are facing down an English cavalry charge. The Scots are armed with spears and they want to wait for the moment of maximum surprise before springing them on the advancing cavalry. William Wallace (Mel Gibson) keeps trying to get his troops to be patient and wait. “Steady, hold.., hold…, hold…..” Whenever I’m looking to buy Read More
Categories: Comments On Events
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June 16, 2011

The Biggest Site Visit Ever


I’ve spoken quite a bit about Mongolia on this site lately—partly this is because I am now living here, partly this is because I find what is happening in this economy so fascinating. There is no economy in the world that will see its exports triple because of the construction of just one mining asset. I don’t know if something like this has ever Read More
Categories: Travels
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