I thought a neat feature to add every so often is a list of interesting posts from some of our readers blogs. When I was just a newbie blog no one helped me like this so I thought I'd be benevolent. Now please note - I only do this due to the fact my web traffic is higher than any of my readers - hence I am being generous and nice. Once any of my readers surpass me in readership, I shall instantly turn on them, blacklist them in the blogosphere, spreading nasty rumors, and in fact start a mud slinging campaign against them - until my readership once again surpasses them. Then I'll return to benevolence.
So for now, here are some interesting posts from some of our readers so please go visit (but ONLY after you have read all 3000+ of our posts here at FMMF)
- Jay, at Market Folly, is a mad man when it comes to tracking hedge funds. However, I was most interested in this piece on Jim Rogers (somehow he beat me to posting a piece on Mr Rogers - drats, I'm slipping) Rogers agrees with my theme of a much longer and harsher recession then the pundits currently believe, he is hot and heavy on the "reinflation" trade caused by the massive amount of paper printing going on worldwide, and of course he still thinks buying China now is like buying the US in 1908.
- Patrick, at The Amateur Investor, appears very upset with me that I actually made realistic comments about infrastructure rather than showing up on CNBC and screaming BUY BUY BUY. Look Patrick, first I'm never on CNBC because I don't say "the bottom is here (don't mind the fact I called the bottom 32 times this year - I REALLY mean it this time), and you have to have a 10 year investing horizon - be patient - those 45% losses you just suffered will be just fine in a decade". Also, I'm a long term bull on infrastructure and anything Obama touches is gold - I am screaming BUY BUY BUY (just be ready to bail when reality hits and the Obama bubble bursts) Kids these days...
- David, at The Absolute Investor, has a quick blurb and link to a story about "hedged" mutual funds, which is essentially my strategy - it appears to quite a tiny niche in the industry. Which is a shame considering the "long only" structure of mutual funds has killed buy and hold investors for the past decade.
- Guy, over at The Tecnical Take, has a look at copper which is one of the most economically sensitive commodities on Earth. In fact, many in the financial community call copper the best economist out there since it really lets us know ahead of time if a downfall or rebound is coming. Unfortunately for the Obama gospel followers, copper is still sucking wind - so while we drink Kool Aid let's be realistic - 2009 will suck - and if you don't believe me, go listen to Mr. Copper.
- Michael, over at In The Know, is a growing bull on geothermal. I must confess while I've delved deeply into all the ins and outs of solar and wind, I have not really spent any time on geothermal. Once I find a way to clone myself, I'll have TraderMark 2.0 start investigating some of these sectors of the market I do not have time to follow. Or rely on the Michael's of the world. It's an interesting area conceptually at least.
- Jon, over at The Yellow Rose, has a book suggestion (I believe from the "Elliot Wave" guy?) and sometimes make me sound like the Prince of Prosperity - i.e. I sound like a relative bull comparatively. Every time I feel like I must sound like a wet towel of negativity I can always be sure there is someone who is much more dire than me - that is comforting. I never like to be the most dreadful person in the (virtual) room - I prefer 3rd-4th from the bottom and always try to display my Kool Aid logo to those who think I'm just a downer.
- Bob, over at Lacunae Musing, does not really write a financial blog but he posted a list of the Wednesday headlines over at the Wall Street Journal and if you read this you'd want to not only put your money in a mattress but throw yourself in there (with your canned beans) and not get out for a few years. Never fear Bob, it's "ALL PRICED IN" - Buy stocks! With fervor! The government will save us!
- Steve, at Plugged in Finance, writes a site more about personal finance rather than investing but he shows a Chris Rock clip that is a sure cure for all of you who insist on playing the lottery. The lottery? Cmon now - you have a full blown casino, Ceasers New York City, available a click of the mouse away and you bother with lotteries? Shameful.
- I don't know if John, at The Real Deal, reads the site anymore since I haven't heard from him in a while, but this "super spike in oil" devotee is thankful the world is once again seeing things his way the past two weeks. However, he is not so positive on Midas... err, I mean Obama and his golden touch.
7 comments:
TM:
Thanks for the nice plug!!
No problem; just don't pass me in traffic. I've given everyone fair warning on consequences ;)
haha i like the caveat at the beginning. thanks for the publicity as always!
i'll try to make it my goal to pass you haha.. look at it this way, then i will get to plug you!
LMAO @ the "Kids these days" line.
No doubt that I still got a long way to go, but I will continue searching for likely bubbles (even if they are merely paper tigers that just sound good - like housing, oil, techs, or even...gulp...infra). The reason is simple: because that's the next story "the herd" wants to buy into (of course the trick is not becoming a "herd" member in the process). To paraphrase you Mark: "People don't change, only what we chase changes."
We both agree that ever-present investor confidence/naivety driven by greed is what leads to the "greater fools" buying into "The Naz" in 2000, or England's South Sea Bubble in 1720 (I figure that reference is more apropos given your age Mark :-)
Seriously though, keep up the great work!!! Blogs like yours are the reason I completely STOPPED watching CNBC Nine months ago :-)
Mark,
As you noted, my personal, eclectic blog is not focused on the market, but as an investor of more than forty years, it’s one of the topics I seem to keep coming back to, especially in these times. But let me say this to your readers: I’ve seen wisdom in your writings, and some savvy trades, and it’s my hope the economic crater we find ourselves in does not seriously delay the launch of your fund. You’ve worked hard to succeed at doing the thing you love.
Keep up the good work!
Very nice writeup. If only I had more time to read such great material....
Thanks for the plug.
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