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.
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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.
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Please don’t call it window dressing. It’s “portfolio maintenance.”
Smoke Screening
As you stand in endless lines this holiday season, here’s a comforting thought: all those security measures accomplish nothing, at enormous cost. That’s the conclusion of Charles C. Mann, who put the T.S.A. to the test with the help of one of America’s top security experts.
http://www.vanityfair.com/culture/features/2011/12/tsa-insanity-201112
The nightmare after Christmas
http://www.cobdencentre.org/2011/12/the-nightmare-after-christmas/
2012: (2011 Review, 2012 Outlook)
http://market-ticker.org/akcs-www?post=199758
I call it Scrubbing. And that will include Sears Holdings (remember the SHLD black-markered on Jim Cramers knuckles?) HAHHAHHHA!
Unfortunately, another retailer bites the dust, and altho it wasn’t exactly unexpected, the suddeness of the shutdown announcements so soon after Christmas was amazing. It happened several years ago near us when Coconuts (Trans World Entertainment) quickly announced their closure. We suspected it for a long, long time but they did it right after Christmas. The place sat vacant for over a year then finally replaced by a 24 hour gym place. And that folded barely a year later! And now it sits vacant also, an anchor spot on a little mini-mall down the street from us. Can this depression be anymore obvious?