See a rare interview with the financier George Soros from Swedish national television. Most of it is in English and what is not can easily be ignored. Watch the clip here.
September 9, 2009
Warren Buffett keeps cashing out of Moody’s
The famed investor sold nearly 800,000 shares in the credit-ratings agency on Tuesday and Wednesday, a regulatory filing released Thursday shows. Read more here.
September 6, 2009
Leaked video about Paul Tudor Jones
You can now watch “Trader: The Documentary,” the 1987 PBS Film featuring hedge fund manager Paul Tudor Jones. Although we generally do not take interest in short term trading activities at the Money Mind (except arbitrage), this documentary is an amusing piece of work from the happy 80’s. If you liked the movie “Wall Street” – this is the real deal. Watch it here.
August 18, 2009
Berkshire Hathaway’s portfolio changes for 2Q 2009
Berkshire Hathaway (BRK-B) just posted its 13-F filing with the SEC, which lists changes in its stock positions. Buffett initiated a new position in medical technology company Becton Dickinson (BDX) in the second quarter. The sec filing shows Berkshire Hathaway purchased.1.20 million shares in Becton Dickinson (BDX). Read more here.
July 1, 2009
Joel Greenblatt Q&A
(GuruFocus, June 30, 2009) Back in early June, when we became aware of Investment Guru, Joel Greenblatt became the strategist for the money management firm FormulaTrading.com, we reached out and requested an opportunity for our users to ask Joel questions. To our delight, the good professor (Joel is also an Adjunct Professor with Columbia University) agreed. Read the rest.
March 27, 2009
Hong Kong Billionaire Says It’s Time to Buy
The oracle of Hong Kong has spoken. And his message: it’s time to consider buying stocks and real estate. Read the rest here.
February 19, 2009
Munger: How We Can Restore Confidence
Our situation is dire. Moderate booms and busts are inevitable in free-market capitalism. But a boom-bust cycle as gross as the one that caused our present misery is dangerous, and recurrences should be prevented. Read the full article here.
February 18, 2009
A Golden Age for Activist Investing
A distressed stock market and a new focus on shareholder rights could mean fresh success for activist investors, even reluctant rabble-rousers. Read more.
February 18, 2009
America´s Finest Companies Keep Raising their Dividends
Dividends have historically provided 40% of average annual total return performance to investors. Some researchers have found that it was re-invested dividends that contribute to the majority of total long-term returns for investors. Jeremy Siegel is one of those researchers who has found that the compounding effect of re-investing dividends has accounted for 97% of total returns in the US stock market since 1871. Add in dividend growth as an additional compounding component, and investors could achieve very decent total returns over time. Read more here.
February 17, 2009
Soros: We Can Do Better Than a ‘Bad Bank’
The Obama administration should come out of the gate with a comprehensive economic program that has two pillars in addition to a fiscal stimulus package. One would prevent housing prices from overshooting on the downside by making mortgages cheaper and more available and reducing foreclosures to a minimum; the other would enable banks to resume lending by adequately recapitalizing them. It would take several months to implement the program and a further period before it impacts the economy. But in the meantime, people could see that there is a way out, and that would help mitigate the severity of the downturn. Read the rest here.
