Mar 9 2008
Warren Buffet: Dow 24,000,000. Impossible Returns in an Impossible Stock Market. California Housing $3.4 Million Median.
Many of you I am sure have followed the investment advice from the richest man in the world, Mr. Warren Buffet. There is good reason to follow the Oracle from Omaha. Take a look at historical returns from his Berkshire Hathaway:
Mar 3 2008
Why Credit is not the Same as Cash: Thornburg Mortgage and Margin Calls.
As many of you may or may not be aware, the next big thing that is pushing mortgage lenders and financials into the ground is margin calls. What is occurring in the market is companies leveraged to the heavens, are now realizing the stark difference between liquid and illiquid assets. Take a look at Thornburg […]