Investment Thoughts

Investment Office

Selecting relevant market observations

Investment Thoughts

Macro Observations

Investment Thoughts

Non-Linear Observations on Financial Markets and the Economy

articles 631-640 / 673		«	page 64 of 68	»

The Alchemy of Finance, Really ?!

I just read The Alchemy of Finance from George Soros (it's never too late!). As much as I was fascinated by Mr. Soros's description of market mechanisms and his reflexivity theory, I found his analysis flawed and mainstream when he begins to make long-term macro-economic predictions.
Investments Office , Ronald Weber

Inferring the Popularity of an Opinion From Its Familiarity: A Repetitive Voice Can Sound Like a Chorus

Journal of Personality and Social Psychology, 2007, Vol. 92, No. 5, 821–833 , Kimberlee Weaver, Stephen M. Garcia, Norbert Schwarz, and Dale T. Miller

The Mystery of Capital

In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights.
Basic Books, Pub. Date: July 2003 , Hernando De Soto

Globalization and Financial Development

In the United States and many other countries, students learn that the key to success is hard work. Yet when we look at many developing countries, we see people who work extremely hard for long hours. Their wages are low, and so they remain poor. And as a whole, their countries remain poor. If hard work does not make a country rich, what does?
Remarks by Governor Frederic S. Mishkin

The P/E Myth

There is no linkage of market P/Es to subsequent returns--no matter how you measure the ratio and no matter over how long (up to five years) you measure returns.
Forbes, 11.11.02 , Kenneth L. Fisher

Victorian America: Transformations in Everyday Life, 1876-1915

A detailed, lively survey of the commonplace objects, events, experiences, products, and tastes that comprised America's Victorian culture, expressed its values, and shaped modern life.
HarperCollins Publishers, July 1992 , Thomas J. Schlereth

The Alchemy of Finance

A classic....the book was first published in 1987. Soros' multiple observations on reflexivity theory, markets, science and philosophy, booms and bursts and markets participants are absolutely brilliant.
Wiley, John & Sons, Incorporated, July 2003 , George Soros

It's a Profit Deal

"Say what you will about industrialization and soot and Mary Poppins chimney sweeps, men’s life expectancy in England jumped from 35 to over 55 from 1800 to 1900, and kept rising to its level of 80 years today. Wealth from industrialization led to better food, better medicine, better science. Yes, it also led to bizarre Victorian morals and robber barons and all the ugly mutations of concentrated wealth, but for my dollar, it beats waking up at 5 a.m. and milking the chickens. "
Andy Kessler

Part 2: So What Should We Worry About?

At the beginning of April, we published a report entitled Part 1: Why We Remain Bullish. In that report we returned to some of the key themes we have presented in our research in recent years, namely a) the positive changes that our underpinning global economic growth, and b) the continued undervaluation of equities. We also introduced a new reason to be bullish: the rapid recovery following the brutal sell-off of late February-early March.
GaveKal Research , Louis-Vincent Gave

Empire: How Britain Made The Modern World

The British Empire was the biggest ever, bar none. How an archipelago of rainy islands off the north-west coast of Europe came to rule the world is one of the fundamental questions not just of British but of world history. (..) The second and perhaps more difficult question this book addresses is simply whether the Empire was a good or bad thing.
Penguin Books, 2003 , Niall Ferguson