I received a helpful email from Kristin Alexander at the Washington State Attorney General’s Office regarding my recent post about the NASAA task force investigating the Auction Rate meltdown. Kristin corrected me that the term “regulators” does not always equate to attorneys general. She also wondered about my claim that the Attorney General’s Office was [...]
Entries Tagged as 'Investing'
August 11th, 2008 · No Comments · Investing
Consider the following; IBM announced back in April that they were working to take the market a breakthrough technology called, “Racetrack Memory.” For those the uninitiated, Racetrack Memory will allow for the storage of vast quantities of data in super-fast chips that make our current hard drive and RAM configurations look like stone knives and [...]
June 9th, 2008 · 1 Comment · Investing, Uncategorized
Ingenious. 1) Find some hedge fund rubes who actually think their stock picking “talent” can more than overcome the massive headwinds imposed by their fees, costs and expenses. 2) Bet them a million bucks that they can’t generate higher net returns for clients than an index that tracks the S&P over the long term. 3) [...]