Archives for July 2011
Focus on the What, Not the Why
This is an excerpt from a recent post from Mike Cintolo of Cabot Heritage. I can certainly relate to his advice. I get asked “why” the market does this and that more than I care to remember. Trying to rationalize “why” the market moves one way or another most times can be counterproductive. Of course, as humans, we always look for a reason.
What Does It Take to Own a Private Jet
I’m a little late posting this but thought it was kind of funny and kind of sad. Either our President doesn’t know much about…
Warren Buffett on Gold
“You could take all the gold that’s ever been mined, and it would fill a cube 67 feet in each direction. For what that’s worth at current gold prices, you could buy all-not some-all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?”
Could this be a Solution to our Labor Market
“The prescription for the American labor market is simple: low taxes on capital investment, avoidance of excessively burdensome regulation, and open markets here and abroad. We must create a climate in which investment is profitable, productivity is rising, and employers find it profitable to increase their hiring rate. These are the mantras that economists have chanted in the past. But they are our best bet for ensuring a dynamic and growing labor market.”
Simmons Street Newsletter June 30th
View the attached PDF to see our latest Quarterly Newsletter. We discuss how the market has performed this year and our outlook going forward. We also include some education information that investors need to know.