If you have not yet picked up your copy of the Wall Street Journal for today - GO! They have a whole section called Year End Review and it is one worth hanging on to. I have gotten in to the habbit of saving year end papers, investment commentaries, forecasts. money magazines, and then looking at them a year later to see who was right, who was wrong and therefore... who might be worth paying more attention to. More on the right side... JPMorgan and ML ... more on the wrong side, Goldman and Morgan Stanley.
If you are not yet signed up for my newsletter you missed a HUGE mailing today. I sent around a letter with dozens of my fav articles and resources that should help you navigate what is sure to be a rough road ahead.. though today was a good one for stocks. It seems like the reallocation trade to balance portfolios happened in size today. (Stocks up and bonds down)
A couple of articles that that I failed to include in my newsletter but worth reading!
"How to Fix Your Life in 2009" - full of fun tips!
"How the White House Philosophy Stoked Mortgage Bonfire " - NYT
- a very detailed piece worth reading
On Women in Movies this Year from Women and Hollywood
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4 comments:
I enjoyed your poem for 2002.
Yours Sincerely,
Adrian Burridge
CanadianInvestors.com
poem for 2002? thanks for your comment. I am a fellow Canadian.
Oh sorry.. The Walk With Me ...poem. Thanks so much....
Another great article that I saved was the piece in the January 4th Sunday New York Times - Sunday Opinion - "The End of the Financial World As We Know It" by Michael Lewis and David Einhorn. It was the most concise accurate depiction of the whole mess we're in. If only the guys at the SEC and Treasury would read and FOLLOW the changes they recommend to the financial system we may start the long slow slog of digging ourselves out....but....if things go the way they did for Mr. Markopolos we'll be seeing the same article at the end of this year! I certainly hope we don't but I've lost just about all faith in how our system works, the men that run it and our wholesale inability to control greed.
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