The Death of Capitalism is Greatly Exaggerated

Posted on February 23, 2009
Filed Under Uncategorized | Leave a Comment

With a record number of small companies with solid recurring revenue streams, strong balance sheets, high gross margins, and low cap-ex needs, currently trading at close to or at negative enterprise values, the implication is that that economic activity will soon come to a screeching halt.

>>Read More

The Fundamental Instability of Capitalism is Upwards

Posted on February 19, 2009
Filed Under Uncategorized, Members | 1 Comment

In re-reading Minsky’s fabulous book of essays, “Can It Happen Again”, which deals with the possibility of another Great Depression, I came across this excellent quote which I think conveys a truth that investors need to remember:
“The fundamental instability of capitalism is upwards. “

>>Read More

A Few Long Stock Ideas in the MicroCap Value Space

Posted on February 16, 2009
Filed Under Members | 1 Comment

Here are a few investment ideas for those who enjoy speculating in the micro cap value arena.

>>Read More

Need a Good Recipe for a Political Portfolio? Follow the Chinese

Posted on February 14, 2009
Filed Under Uncategorized | Leave a Comment

How should an investor design a portfolio in a Market shaped by politicians? I believe we only need to look to the Chinese to find our answer.

>>Read More

Comparing the Two Bailouts: It’s No Contest

Posted on February 12, 2009
Filed Under Uncategorized | Leave a Comment

If you need further proof that the largely imaginary financial economy has become the real economy, just compare the two bailouts.

>>Read More

Geithner’s Plan: Quick Take and Strategy

Posted on February 10, 2009
Filed Under Members | Leave a Comment

Here’s my quick take on Geithner’s bailout plan, which is far more important to the Markets than Obama’s stimulus plan.

>>Read More

Real Banks Don’t Lend Money

Posted on February 9, 2009
Filed Under Full Research Reports | Leave a Comment

Politicians continue to criticize the banks for not lending money. But what they fail to understand (or don’t want the average person to understand), is that “Real” banks do not lend money.

>>Read More

Financial Frankenstein: Why the Government Stimulus Won’t Help Us Contain the Financial Monster

Posted on February 9, 2009
Filed Under Full Research Reports, Members | Leave a Comment

Perhaps the best analogy for the current financial crisis is Mary Shelly’s Frankenstein. Like, Victor Frankenstein, despite our initially benevolent motives, we have lost control of our creation, and have unleashed a monster.

>>Read More