The Truth About the Financial Crisis, Part III

Jennifer S. Taub is a Lecturer and Coordinator of the Business Law Program at the Isenberg School of Management, University of Massachusetts, Amherst. Her research interests include corporate governance, financial regulation, investor protection, mutual fund governance, shareholders rights and sustainable business. Previously, Professor Taub was an Associate General Counsel for Fidelity Investments in Boston and Assistant Vice President for the Fidelity Fixed Income Funds. She graduated cum laude from Harvard Law School and earned her undergraduate degree, cum laude, with distinction in the English major from Yale College. Professor Taub is currently writing a book on the financial crisis for Yale University Press.

The Truth About the Financial Crisis,  Part I and Part II were published earlier this week.

This post is the last installment in a three-part series harvesting the recent Financial Crisis Inquiry Report(FCIC Report) to debunk the top-ten urban myths about the Financial Crisis.

Stock Market Prowess - Trader Coaching

Nassim Taleb on Living with Black Swans

Nassim Taleb is a literary essayist, hedge fund manager, derivatives trader and professor of risk engineering at The Polytechnic Institute of New York University. But he is best known these days as the author of The Black Swan: The Impact of the Highly Improbable. During a recent visit to Wharton as part of The Goldstone Forum, he spoke with Wharton finance professor..........

Stock Market Prowess - Trader Coaching: Discover the missing link in your trading and magnify your profitability.

Top Five Signs That You’re Wealthy

 A new survey offers some other clues on how to know if you are rich........

Stock Market Prowess - Trader Coaching

The Random Walk in Doubt

missing bes & worst days-in-markets

 

A Random Walk.... The Buy & Hold investor Vs Missing the 5 best days of the market Vs Avoiding the 5 worst ones. 'He who can time the market does best'......

Trader Coaching: Discover the missing link in your trading and magnify your profitability.

Fed Ownership of the Yield Curve

by macromon

We’re with the conventional wisdom of no QE3, no massive flight to quality, or a miracle long-term budget agreement.  We therefore expect continued upward pressure on interest rates.   We recently posted our ...... continued

Stock Market Prowess - Trader Coaching: Discover the missing link in your trading and magnify your profitability.

How To Improve Your Equity Curve With Zero Skill

 By Steve W.     The NoBrainer Trades

There are a number of things that make a person a better trader, and several of those things have absolutely nothing to do with a person’s ability to trade. Over the years, I have seen a number of wildly different scenarios – from money mangers charging huge on the front and / or backend to retail traders going with a broker that charges them extraordinarily high costs. Some people realize the high impact transaction costs have on them over the long run while others tend to sacrifice this knowledge for other things.

Stock Market Prowess - Trader Coaching: Discover the missing link in your trading and magnify your profitability.

Ten Wall Street Blogs You Need To Bookmark Now

By DAVID WEIDNER  The Wall Street Journal

These homespun sites break news, offer wit and insight that wasn't even available a few years ago. Some have risen to the point of being must-reads on a daily basis.

Stock Market Prowess - Trader Coaching: Discover the missing link in your trading and magnify your profitability.

Is a US Default Inevitable?

By Barry Ritholtz  The Big Picture

Pragmatic Capitalism ran this last July– while I don’t agree with it, I do find it thought provoking:

Download: Jeff Gundlach’s Guide To Inevitable American Default

JEFF GUNDLACH SAYS THE USA WILL DEFAULT

Stock Market Prowess - Trader Coaching: Discover the missing link in your trading and magnify your profitability.

Firefox 4 Zooms Past 100 Million Downloads

by Pingdom

We bet the team over at Mozilla is about to pop open a few bottles of bubbly. Why?

Stock Market Prowess - Trader Coaching: Discover the missing link in your trading and magnify your profitability.

Emerging Pressures

By Dan Denning  from The Daily Reckoning

The annual inflation rate for Australia is now running at about 3.3%. Are the major culprits unforeseen circumstances, like cyclone Yasi and the flooding in Queensland???? Read on

Stock Market Prowess - Trader Coaching: Discover the missing link in your trading and magnify your profitability.

Robert Shiller and Wharton’s Jeremy Siegel and Stock Valuations

 Yale economist Robert Shiller and Wharton’s Jeremy Siegel face off over which method is best for calculating stock market value

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Stock Market Prowess - Trader Coaching: Discover the missing link in your trading and magnify your profitability.

U.S Tax Dollars

Instant Pie Chart of where your $$$ go.....    :)

http://www.wheredidmytaxdollarsgo.com/

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability

Economic Optimism Plummets Across Demographic Groups

Mike "Mish" Shedlock  http://globaleconomicanalysis.blogspot.com 

Gallup reports U.S. Economic Optimism Plummets in March

Americans' optimism about the future direction of the U.S. economy plunged in March for the second month in a row, as the percentage of Americans saying the economy is "getting better" fell to 33% -- down from 41% in January. It is also down three points from the 36% of March 2010.  Continued.....

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability

The Truth About the Financial Crisis, Part II

By Barry Ritholtz

Jennifer S. Taub is a Lecturer and Coordinator of the Business Law Program at the Isenberg School of Management, University of Massachusetts, Amherst. Her research interests include corporate governance, financial regulation, investor protection, mutual fund governance, shareholders rights and sustainable business. Previously, Professor Taub was an Associate General Counsel for Fidelity Investments in Boston and Assistant Vice President for the Fidelity Fixed Income Funds. She graduated cum laude from Harvard Law School and earned her undergraduate degree, cum laude, with distinction in the English major from Yale College. Professor Taub is currently writing a book on the financial crisis for Yale University Press.

The Truth About the Financial Crisis,  Part I was published yesterday.

Last week, I began musing here, about mining the Financial Crisis Inquiry Report to confront the top ten urban myths about the Financial Crisis.  Expecting to dash off a blog series in a day or so, I found that my eyes were bigger than my brain capacity. Though I had read a good portion of the Report, it took many days longer to digest all 530 or so pages.

I selected most of the urban myths  before I began reading. They emanated from wider study of this topic, experience watching the Dodd-Frank legislation and implementation unfold, and also questions that come my way while teaching a course that includes a segment on the Financial Crisis.

So, here goes.....

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability

The Fibonacci in Lateralus

From: philriehl 

The Fibonacci sequence in Tool's Lateralus. 

Great video..... Fibonacci never seemed so cool :)

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability

G-20 Targets ‘Too Big to Ignore’

By Simon Kennedy and Sandrine Rastello - Bloomberg

The U.S., China and five other large economies will face deeper scrutiny from their peers to ensure their policies don’t derail a global expansion that finance chiefs bet is strong enough to absorb recent shocks.

The seven countries have a gross domestic product greater than 5 percent of the Group of 20 nations’ economy, and so carry “the greater potential for spillover effects,” read on.....

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability

Bread and Revolution, 1848 and 2011: More Upheaval Ahead

By Paul Kedrosky  Bloomberg

A fascinating and dense graphic comparing the revolutionary impact of higher bread prices in 1848 and in 2011. The upshot, based on comparing the two, and not to impute complete causality to bread prices, there is almost certainly more upheaval.

[From Barings via BBC]

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability

The Truth About the Financial Crisis, Part I

By Barry Ritholtz - The Big Picture

Jennifer S. Taub is a Lecturer and Coordinator of the Business Law Program at the Isenberg School of Management, University of Massachusetts, Amherst. Her research interests include corporate governance, financial regulation, investor protection, mutual fund governance, shareholders rights and sustainable business. Professor Taub is currently writing a book on the financial crisis for Yale University Press.

After reading much of the final report identifying the causes of the Financial Crisis in the United States, released last Thursday December 27, by the Financial Crisis Inquiry Commission, I have one suggestion.  But before I get to it, allow me to explain.   Read On.......

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability

The 100 Most Respected Companies

By VITO J. RACANELLI Baron's

EACH YEAR Barron's surveys professional money managers about their views of the world's 100 largest companies, based on total stock-market capitalization at year end, as determined by Dow Jones Indexes. This year's survey, conducted with the help of Beta Research in Syosset, N.Y., elicited responses from 92 investors across the country, ranging from proprietors of small advisory firms to the chief investment officers of money-management giants overseeing billions of dollars.

Money managers indicated the degree to which they respect–or don’t respect–the world’s 100 largest public companies (measured by total market value as of Dec. 27).

This year’s ranking saw some formerly sterling names, such as Johnson & Johnson and Toyota, fall sharply, while Apple retained its coveted No. 1 spot and Amazon.com rose to No. 2.

For the full 100 companies.........

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability

Rich Man, Poor Man

by Richard Russell

MAKING MONEY: The most popular piece I’ve published in 40 years of writing these Letters was entitled, “Rich Man, Poor Man.” I have had dozens of requests to run this piece again or for permission to reprint it for various business organizations.

Making money entails a lot more than predicting which way the stock or bond markets are heading or trying to figure which stock or fund will double over the next few years. For the great majority of investors, making money requires a plan, self-discipline and desire. I say, “for the great majority of people” because if you’re a Steven Spielberg or a Bill Gates you don’t have to know about the Dow or the markets or about yields or price/earnings ratios. You’re a phenomenon in your own field, and you’re going to make big money as a by-product of your talent and ability. But this kind of genius is rare.

For the average investor, you and me, we’re not geniuses so we have to have a financial plan. In view of this, I offer below a few items that we must be aware of if we are serious about making money. Continued......

Stock Market Prowess - Trader Coaching: Stock market tips on achieving profitability