The Digest #197
Interest rates, Passive investing, Ben Graham as a young man, Daniel Kahneman, Ken Langone, Lawrence Cunningham, Reed Hastings, Steve Eisman ...
The Digest #165
Buffett on Inflation, Dollar General, Due Diligence, Personal Libraries, The role of AI in drug discovery, Small-cap opportunities, and interviews of Peter Brown, Bill Gross, Chris Bloomstran ...
The Risks of Investing in Bonds
Many market observers seem to lack an understanding of the effect of rising interest rates on fixed maturity securities. This article explains the basic principles of bond investing ...
The Digest #136
Thought Experiments, TIPS, Adler on Reading, Time is Running Short, Ellington's Gift to the Queen, Thomas Jefferson's Travel Guide ...
The Digest #109
Trouble Ahead for Housing? ...
Munich Re Warns About Price of Low Interest Rates
Last week, Munich Re announced strong investment returns but warned that low interest rates could impact results going forward. In an interesting interview with The Financial Times, Nikolaus von Bomhard, CEO of Munich Re, explains the challenges facing insurers due ...
Bernanke Forecast Implies Tough Policy Choices in 2010
A very brief video clip of Federal Reserve Chairman Ben Bernanke announcing that the recession is over has been seen on nearly every nightly newscast this evening. What is more relevant are the comments Mr. Bernanke made prior to stating ...
James Grant Comments on Fed Policy and Interest Rate Outlook
James Grant, publisher of Grant's Interest Rate Observer, appeared on CNBC today and commented on Federal Reserve policy and his outlook for interest rates and inflation. I found the following quote to be particularly interesting. Interested readers should view the ...