Author Archive
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Bullet Train: The Week’s Best from the Web
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 26th, 2009 at 11:23 am
Here are direct links to our favorite articles which we think you should highly consider reading.
Without further ado, jump on board the Bullet Train …
USDA Home Loans: Subprime Redux? at Business Week
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Pens & Swords: The Economics of the Health Care Debate
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 22nd, 2009 at 8:06 am The health care debate is a national embarrassment. Rather than each side pitting their best cases and evidence against the other, we look like a national episode of Jerry Springer.
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The Case Against a Global Central Bank
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 21st, 2009 at 8:26 am Do we need one king to rule over us all?
In Business Week, Jeffrey Garten makes an incredibly weak case for a global central bank. Either Garten has spent far too much time watching Barefoot Contessa at his insular ivory tower in New Haven, or he’s been preparing for Ina’s meals with securities trader Irv Rosenfeld. Let’s breakdown Garten’s baseless opinion:
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Bullet Train: The Week’s Best from the Web
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 19th, 2009 at 11:15 am ere are direct links to our favorite articles which we think you should highly consider reading.
Without further ado, jump on board the Bullet Train …
Evaluating the Odds of a Double-Dip Recession at Minyanville
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Fight Club: A Faceoff Over the Rally’s Future Lifespan
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 18th, 2009 at 8:11 am Macro strategist Barry Ritholtz has been at the center of some interesting conversations this week (or maybe it just seems that way since I love his blog). However, the debate over the future of the rally may be the most important.
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Exclusive Interview: Congressman Alan Grayson Talks Fed Transparency and Missing Money
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 15th, 2009 at 8:23 am In May, a cool and collected Congressman Alan Grayson questioned the Federal Reserve Inspector General about the trillions of dollars lent and spent by the Federal Reserve. Inspector General Elizabeth Coleman said she had no idea where the money went. Two months later, Congressman Grayson asked Federal Reserve Chairman Ben Bernanke the same questions. Here is the exact exchange:
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Bullet Train: The Week’s Best from the Web
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 14th, 2009 at 7:05 am Without further ado, jump on board the Bullet Train …
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Speculation as a Fine Art, Part 1
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 11th, 2009 at 7:53 am A friend recently passed me a short book full of pithy advice about investing. The 45 page, 120-plus-year old classic, Speculation as a Fine Art and Thoughts on Life, heavily influenced the legendary success of Edwin Lefevre and his famous book Reminiscence of a Stock Operator. Given the importance of this work, I am doing a series of posts as I methodically go through Dickson Watts’s advice.
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How is Texas Hold’em Poker Similar to Investing? Part 2
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 10th, 2009 at 1:51 pm Part 1 of this post series introduced the concept of similarities between poker and investing. It then proceeded to describe 5 key areas of similarity. Part 2 now goes on to explain an additional 5 key elements where both fields share characteristics.
6. Unavoidable Expenses: Investing and Poker both have unavoidable expenses associated with playing.
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Exclusive Interview: Economist John Mauldin
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 10th, 2009 at 8:02 am John Mauldin coined the incredibly popular phrase, “Muddle Through Economy.” If the next few years continue to drag along as we rebuild from the greatest credit bubble in history, then John’s term may become the catch phrase used by every financial journalist and economist in the land.
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How is Texas Hold’em Poker Similar to Investing? Part 1
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 9th, 2009 at 8:25 am Peter Lynch – one of the most well known US money managers – has written that one of the most valuable educational tools for a would-be-investor is playing poker. Other investment titans also have great regard for the skills that an investor can learn from playing Texas Hold’em. These include Bill Gross, David Einhorn, Steve Cohen, and even Warren Buffett. Buffett has preached his investment wisdom using the medium of poker more than once.
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Exclusive Interview: Charles Kirk from The Kirk Report
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 8th, 2009 at 12:40 pm Have you ever heard of the investor who grew $2000 into more than $1 million? Meet Charles Kirk. Charles is not your average fast-talking, infomercial-star pitching to sell you his get-rich-quick scam. Rather, Charles is one of the most respected investing and trading bloggers on the web.
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Dr. Brett Shares When to Exit a Trade
Wall St. Cheat Sheet, Wall St. Cheat Sheet | September 3rd, 2009 at 7:52 am A few people have asked me why I covered my swing trade (selling S&P 500 Index on Friday and adding to the position Tuesday morning). Three reasons stand out:
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Chart Junkie: Federal Spending, Bank Reserves, and Shipping Overseas
Wall St. Cheat Sheet, Wall St. Cheat Sheet | August 29th, 2009 at 11:06 am Our first chart this week comes from a blogger who does fantastic research: Trader Mark. This week Mark flagged a chart of federal revenues versus outlays. If your pre-schooler is taking any business courses, they will immediately recognize the problem.
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Reading the Tape with Gman: How to Read the Tape
Wall St. Cheat Sheet, Wall St. Cheat Sheet | August 28th, 2009 at 7:56 am Intraday trading is about skills development and discipline. Those who under-perform in our arena often have not fully developed their trading skills. Too many Intraday Traders think that trading is only about fundamentals, learning technical analysis, and loading up. The developing intraday trader must also learn how to Read the Tape. Reading the Tape offers an enormous edge to the intraday trader.
