Category Archives: Global Finance

Financial Services: Like the Entertainment and Gaming Industries?

Introduction In a recent reading of Validea’s Guru Investor Blog, a quote from Georgetown University finance professor James Angel struck home to me: “One of the open secrets of the financial-services world is that we’re also in the entertainment and … Continue reading

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Why You Should Be Holding Chinese Equities

Introduction In a recent piece, I made the case for investing in emerging markets. Upon further reflection and research, I make a more specific recommendation: you should hold Chinese equities in your portfolio. Details of my reasoning and specific investment … Continue reading

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US Equities Are Very Expensive: Is It Time to Consider Other Countries?

Introduction US stock markets have been increasing rapidly for some time. And with the S&P 500 price/earnings ratio now over 21, it is worth asking if there are other equity markets to consider for investments. As I have noted, trying … Continue reading

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Growing Gambling Facilities in the Northeast US: Is There a Market for Them All?

Introduction Politicians in Massachusetts, New York and Rhode Island have put aside moral and/or addiction concerns over gambling. Instead, they recently asked why all the gambling dollars from their citizens go to the casinos (and governments) in Connecticut and New … Continue reading

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Selling Wine and Investment Advice: The Same Methods Are Used

Introduction In writing on wine and finance, I notice a lot of similarities. Most people cannot tell the difference between expensive and inexpensive wines, but the retailers use “descriptors” to convince them to buy. And while there are no investments … Continue reading

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The High Endowment Colleges/Universities: Do Their Students Benefit?

Introduction In my prior piece on education choices, I reviewed the college rating systems. My favorite was developed by The Economist. Unlike the others, it did not give the institutions being rated “credit” for innate student intelligence as measured by … Continue reading

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Investing 101 – Learning The Hard Way

Introduction I used to indulge myself by thinking I could pick stocks that would outperform the market. And sure, I did pick a few winners. Winners?? How quickly we forget the losers…. I then read Paul Samuelson and Burton Malkiel … Continue reading

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Tiger Woods and Investment Gurus Lose Their “Touch” Question: Do They Ever Get It Back?

Introduction Watching Tiger Woods get an 82, the worst score of his career at the Waste Management Phoenix Open on January 30th, I was reminded of other “greats” who have lost their touch. In particular, I thought of some of … Continue reading

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The Criminal Acts of Large Banks Are Substantial Fines/Penalties Enough?

Introduction In 1999, Sandy Weill, supported by a coterie of other bankers and lobbyists, got the US Congress to repeal Glass-Steagall. That Act had kept depository institutions safe since the ‘30s. With restrictions removed, US banks purchased packaged and traded … Continue reading

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Burgeoning Global Capital Flows Mean Traditional Stock Market and Currency Norms No Longer Apply

Introduction The law of supply and demand ultimately determines the prices of goods/services. And this holds for stock markets “prices” and currencies. Foreign demand for both US equities and dollars continues to grow. This growing demand has implications for commonly … Continue reading

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