Archives for January 2013

Saturday: Interesting Reads This Week

Here are few interesting articles that I have been reading this week: Top Ten Ways to Deal with Behavioral Biases: One of the keys to success in investing is to recognize and deal with behavioral biases. This article is an interesting take about how to deal with behavioral biases. (Above the Market) Financial Collapse: A 10-Step Recovery Plan: This New York Times article summarizes what we must remember about the financial crisis in 10 financial commandments, all of which were brazenly … [Read more...]

Friday Grin: Descending Order System

Enjoy your weekend ! … [Read more...]

Saturday: Interesting Reads This Week

Here are few interesting articles that I have been reading this week: Chasing the Cat: Joshua Brown, a.k.a., The Reformed Broker, discusses whether you need to worry about beating the index. We subscribe to the philosophy of trying to build wealth in long-term without chasing the index in short run. In long run, of course, we want to generate return better than market index. But, unless you are a fund manager or a trader who has a "business" incentive to beat the market in short run, there … [Read more...]

Friday Grin: Happy Hour

Enjoy your weekend ! … [Read more...]

“What” is Easier Than “When” in Investing

"I have no idea on timing. It's far easier to tell what will happen than when it will happen". - Warren Buffett In the beginning of 2012 , if you would have asked financial market "pundits" how the market is going to be in the next twelve months, I doubt many would have said that the market will go up by 16%. The US Presidential election campaign was in full swing, unemployment was too high, housing wasn't recovering fast enough, european sovereign debt crisis was at the forefront, and Chinese … [Read more...]

BRIC Consumers Plan to Spend Big on Consumer Electronics

(Source: statista) … [Read more...]

Saturday: Interesting Reads This Week

Here are few interesting articles that I have been reading this week: ZipCar, Google, cars and the inevitability of the Internet: Om Malik argues that if there is going to be one theme for 2013, then it is the inevitable march of technology (and the Internet) into everything we do and every aspect of our daily life. From car dashboards to rental cars – the fun is just getting started. (Giga Om) Buffet Partnership Letters - Part 1 and Part 2: If you are interested in Warren Buffet's thought … [Read more...]

Friday Grin: Job Status

Enjoy your weekend ! … [Read more...]

Most Mutual Funds and Hedge Funds Lagged The Market in 2012

Nearly 2/3 of US stock mutual fund managers lagged their benchmarks in 2012 and 88% of hedge funds were lagging the S&P 500 as of mid-December. Here are the links to the stories: WSJ, Barrons, Zero Hedge. The story was not too different in 2011: As reported by Business Insider, 84% of actively managed mutual funds underperformed the stock market in 2011. If you think that may be one or two years may be just anomalies, keep in mind that this is the third straight year that hedge funds … [Read more...]

Saturday: Interesting Reads This Week

Here are few interesting articles that I have been reading this week: More Skin in the Game in 2013: Nassim Taleb at his best...explaining why we need people to have more skin in the game. Whether you like or hate his personality, he does present some sensible and thought provoking ideas. His latest book, Antifragile, is good read if you don't mind his personality. What’s Inside America’s Banks?: Nice, long piece about health of America's large banks and the need for … [Read more...]