I may get flamed for this, but with free speech I can live with that. So, I listen to NPR / public radio and lately I’ve been hearing stories about people who are upset that the banks are taking advantage of them. They are complaining about how the banks / lenders are “raping” [...]
I’ve heard about hostile takeovers in the past, and never thought much about them. One party wants control of the other. Okay so I suppose that can be considered hostile, but to whom? Besides why would one firm want to take over another through the purchase of shares in the company to [...]
In talking about corporations…
“The directors of such [joint-stock] companies, however, being the managers rather of other people’s money than of their own, it cannot well be expected, that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own. Like the stewards [...]
A trillion dollars is for most of us an unfathomable amount of money. However, it seems that the IMF sees that large of a write down due to the unfolding credit crisis. For a more detailed account of what happened check out the book:
I haven’t personally read it, but it is [...]
So, investing is an art form much like any of the other “things” we do in life. If you are a musician you must practice until you become proficient, and then to become a master takes many years of dedication. Even then there will be people above and below you in terms of [...]
