Dow Futures

PIMCO’s Mohamed El-Erian penned this piece remarking on the sell-off that occurred after the Federal Reserve did not indicate it would issue another round of liquidity injections: This week’s market action serves as a vivid reminder of how dependent v…

[b]Jim Rogers answers questions about life and investing in this Q&A from China Daily: Q: How do you spend your weekends amid your busy schedule? [/b] A: I spend as much time with my family as possible. We do homework, go to restaurants, parties, …

Nassim Nicholas Taleb (author of Fooled by Randomness and The Black Swan) co-wrote a paper with George Martin that appears in the SAIS Review of International Affairs vol XXXII no. 1 (Winter-Spring 2012).This article argues that the crisis of 2007–2…

In an interview with CNBC, John Taylor, one of the world’s best currency strategists, recommended shorting the U.S. dollar. “Europe is looking weak. The United States is looking stronger. We’re worried about China.”Taylor said that he was bullish on t…

In an interview with CNBC, John Taylor, one of the world’s best currency strategists, recommended shorting the U.S. dollar. “Europe is looking weak. The United States is looking stronger. We’re worried about China.”Taylor said that he was bullish on t…

China is now a big cog in the ever-present “Wall of Worry.” When Europe doesn’t seem so scary we need something else to worry about right?Niall Ferguson seems like a pretty sharp chap, and he has some comforting and not sensationalistic comments…

His comments include:- Thinks the Fed is focused on manipulating interest rates. They want to lift up asset prices to improve the economic outlook of everyone and economic confidence.- The Fed is superimposing its will on the price mechanism of th…

A crash course in how to retire from Bill Ackman: Welcome to an ongoing feature on the Floating University blog, FU Asks, where we open up the academic debate on our e-learning platform to the Big Think community. This week we’re featuring a discussio…

The video in which Mohnish first discusses his approach to investing and the fascinating story of how he started his business (which he sold for millions). Then he takes questions from the students, which is too long to recap.I find Mohnish’s story …

Passport is one of my favorite hedge fund managers to read quarterly reports from. I can’t recall ever seeing founder John Burbank on one of the financial networks before. He is a little different than the usual hedgie. Below is him on Bloomberg. A …

GMO publishes a monthly forecasts of 7-year asset class return. As of Jan 31, 2012, US market is expected to return 0.8% a year. US small cap is positioned for -1.5%. US high quality is expected to gain 5% a year. Emerging market is expected to gain 5…

Berkowitz comments:- Not concerned with the European situation.- Can’t recall a time when there is so much focus on an issue and that issue actually turns into a catastrophe (in other words because it is so front and center actions are being tak…

– Expects corporate earnings to accelerate in the second half.- Coming out of one of the worst decades ever for equities; sooner or later there will be a massive rebound from that.- Market climbs a wall of worry. Right now we have the Arab Sprin…

It is a little hard not to pay attention when a hugely successful investor suggests a 100% weighting to anything.Fink’s comments include:- The market is too focused on Greece noise; it will be worked out because it has to be.- He is very bullish…

From around the web, I thought I would share some useful charts. The first chart shows the characteristics of different phases of the economic cycle, including how different asset classes behave:ACG Advisors: Characteristics of Each Phase of the Econo…

Faber got an extended segment on Bloomberg in the wee hours last night:- Even Faber is using Facebook, but he won’t be buying the IPO because it doesn’t meet his criteria of undervaluation.- He likes to buy assets that are out of favor, and no…

First up Robert Shiller- We treat our housing equity much differently than equity in our other investments.- Housing index now where we were in 2003.- Home ownership rate back to where it was in the late ’90s.- Permit data shows rental constru…

DCF calculation is a popular tool for estimating the fair value of a company. GuruFocus DCF calculator is one of the most favorite tools of our users on GuruFocus. The details of the DCF calculation can be found here. We have made the following change…

Mobius who manages $40 billion made the following observations:- China still looks very good as it is the fastest growing major economy.- Chinese stocks are cheap.- After China Mobius would look to Russia where stocks are also cheap.- Chinese …

– Agrees with the White House that the economy is getting better.- Expects 8% to 12% Equity Returns in 2012.- Economic growth isn’t high enough to dent unemployment.- Low interest rates, low P/E levels, make stocks attractive.- Long-term U…