Entries from November 2008

Saturday, November 8th, 2008

Ren Rips Fed ($SPX) ($VIX) ($USD)

by Ren Richardson
The only thing that I did not particularly like about Van Tharp’s article was his repeated use of anecdotes. “Someone told me the other day….,” “I was just informed that…,” “My understanding is…..” etc. All of these stories were used to convey an air of direness. Activity at the Port of Long Beach [...]

More on this topic (What's this?)
Adjusting, Adjusting, and Adjusting
Investing In Food Companies
Read more on Food & Beverage at Wikinvest

Friday, November 7th, 2008

Eat, Drink & Be Merry, For Tomorrow the Dollar Dies ($USD)

Here is an excerpt from an e-mail conversation between Ren and I.  Sorry so text heavy!

Van Tharpe beat me to the punch on P/E valuation argument. It occurred to me in the stairwell that P/E’s don’t move the market, buying and selling does; and if nobody wants to buy stocks in the USA, they can [...]

Wednesday, November 5th, 2008

Give Me 25 On Red

With the majority of my equities liquidated in Dec. 2007 and the remainder liquidated in March 2008, I’ve been a passive (but noisy) witness to the carnage of capital this year. Given recent price action, I’m committing to devote 25% of my equities portfolio to suitable stocks over the next week or two. Granted, two weeks ago I lambasted Warren [...]

Prove it? Okay..