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In year of investing dangerously, Buffett looked 'into the abyss'

Mar 18, 2010
14 December 2009 - The Wall Street Journal Warren Buffett believes his best deals during the economy's biggest belly flop since the Crash of 1929 may well turn out to be the ones he didn't do. Buffett slammed the door on one opportunity after another...

Fitch Freaking Out About A Sovereign Crisis In Vietnam

Mar 12, 2010
Vincent Fernando | Mar. 12, 2010, 4:42 AM Via Barclays Capital, Prakriti Sofat, 12 March 2010 Fitch Ratings slapped a negative outlook on Vietnam's credit rating today, though maintained the nation's sovereign BB- score. A negative outlook means that...

Basically, It's Over

Mar 11, 2010
A parable about how one nation came to financial ruin. By Charles Munger Sunday, Feb. 21, 2010 In the early 1700s, Europeans discovered in the Pacific Ocean a large, unpopulated island with a temperate climate, rich in all nature's bounty except...

Betting on the Blind Side

Mar 7, 2010
By Michael Lewis April 2010 Excerpted from The Big Short: Inside the Doomsday Machine, by Michael Lewis, to be published this month by W. W. Norton; © 2010 by the author. In early 2004 a 32-year-old stock-market investor and hedge-fund manager,...

Seth Klarman: Forgotten Lessons of 2008

Mar 6, 2010
In this excerpt from his annual letter, investing great Seth Klarman describes 20 lessons from the financial crisis which, he says, “were either never learned or else were immediately forgotten by most market participants.” One might have expected...


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