Monthly Archives: August 2009

Blogging and the internet

Mass media has always been a great consensus-building machine. But the Internet is the most democratic, truth-probing tool ever devised by humanity. And it is now working to keep the world more honest. Before the Internet, big media, big money … Continue reading

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Mind the gap between reported and "adjusted" earnings

Second quarter earnings season is now ending with nearly 75% of US companies having reported earnings better than the consensus expected. Before we get too excited about this outcome though, it is important to take a realistic view of the … Continue reading

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Beware of nut bars wielding free money

These days world markets are being moved by the crazy people. This happens; we have seen it many times over the years. It’s one of the realities that sane investors have to contend with every day. Lately it has become … Continue reading

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