Monthly Archives: December 2011

Yo-Yo stock markets lack conviction

Hiking in a very sunny Grand Canyon today. Breathtaking and always humbling to be reminded of how small and inconsequential we humans are. Found some internet access at lunch. Stocks are generally higher today on two-guys-trading volume–nowhere near recovering what … Continue reading

Posted in Main Page | 7 Comments

Year end antics add to market noise

Every year, as Dec. 31 approaches, money managers dump their losers so they don’t have to show tainted holdings in their annual reports. Here is a direct link.

Posted in Main Page | 5 Comments

Dear Jamie Dimon

Josh Brown takes the time to enlighten the hopelessly obtuse in an open letter to banker Jamie Dimon (and his ilk): Dear Jamie Dimon, I hope this note finds you well. I am writing to profess my utter disbelief at … Continue reading

Posted in Main Page | 4 Comments