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Monthly Archives: July 2013
Pension battles: the can kicks back
The problem of underfunded pensions will continue to be a battle ground between bondholders and pension beneficiaries for the next decade. Too little has been contributed and too many benefits have been promised to be paid. But if bondholders are … Continue reading
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Terry Burnham on the crazy things people believe at market tops
Terry Burnham wrote the excellent book, “Mean Markets and Lizard Brains” in 2008 where he pointed out the behavioral biases that make most people perfectly inclined for repeated financial demise when investing. In this clip he advances a bold call … Continue reading
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Some of the evidence alleged in SAC indictment
For those not sure how insider trading works, this clip offers a good overview. In this case it focuses on the trail that preceded a SAC trade in Dell shares. Here is a direct link to a video report. Also … Continue reading
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