Derivative Musings

The mistaken Assault On Capitalism

2012-02-01T12:45:00.001-06:00

Blaming Capitalism for Corporatism - Edmund S. Phelps and Saifedean Ammous - Project Syndicate The future of capitalism is again a question. Will it survive the ongoing crisis in its current form? If not, will it transform itself or will government take the lead? The term “capitalism” used to mean an economic system in which capital was privately owned and traded; owners of capital got to

Great Quote Clive Hale used today

2012-01-30T18:32:00.000-06:00

The man who reads nothing at all is better educated than the man who reads nothing but newspapers. Thomas Jefferson I would personally add the following : The man who reads bathroom walls is better educated than the man who watches TV news.

Donald Coxe on thur Jan 20 2012

2012-01-24T14:20:00.000-06:00

Don Coxe conference call

Dash of Insight provides Analysis of Best Recession Forecaster

2012-01-16T09:43:00.001-06:00

A Dash of Insight: Best Recession Forecaster: Robert F. DieliJeff Miller of A Dash of Insight provides a really terrific set of posts on economic forecasting and on the best performing forecasters. Robert F Dieli proved to have the best record and Jeff discusses Mr. Dieli and his model, and why it has been successful. Click through to the links to read as I do not want to be stealing any of

Don Coxe /Dec 22 2011 conference call

2011-12-30T11:54:00.001-06:00

Event LobbyDon CoxeConference Call

Carpe Diem: Some Great Questions from Don Boudreaux

2011-12-29T15:15:00.001-06:00

CARPE DIEM: Some Great Questions from Don Boudreaux Mark Perry lists 6 questions asked by Don Boudreax and they are good questions. Hit this link to see them because I don't believe I shuold just steal the post.

from Tim Price: So long, and thanks for all the stress

2011-12-12T13:32:00.001-06:00

The price of everythingTim Price is always informative and entertaining and this post is not exception. An excerpt below:So the UK doesn’t get to join the great euro zone leper colony. Oh well. Tant pis. Tja. As Captain Blackadder once said, we lost closer friends the last time we were deloused, and were more wounded the last time we clipped our toenails.

Donald Coxe Conference Call Dec 9 2011

2011-12-10T11:01:00.001-06:00

Don Coxe Dec 9

Kyle Bass Q3 Letter and Interview

2011-12-02T19:11:00.001-06:00

Kyle Bass Q3 Letter Quarterly Hayman Capital letter to his investors is always worth while. Bass recent video interview---very good. The video is terrific and his analysis is relentlessly logical. I would love to work with this guy. Plus it would get me back home to Dallas.

Yeah !! Barney Frank to Retire

2011-11-29T11:41:00.001-06:00

via Carpe Diem

Judge Rakoff Delivers Brutal Takedown Of Both The SEC And Citigroup

2011-11-28T13:02:00.001-06:00

MUST-READ: Judge Rakoff Delivers Brutal Takedown Of Both The SEC And Citigroup Bottom line (to Rakoff) this settlement offers no facts, and no truth to the public: "Finally, in any case like this that touches on the transparency of financial markets whose gyrations have so depressed our economy and debilitated our lives, there is an overriding public interest in knowing the truth. In much

From CARPE DIEM

2011-11-21T11:37:00.001-06:00

CARPE DIEMBy Gary Varvel. Thanks to Mark Perry for pointing out Gary Varvel's cartoon.

Don Coxe on Nov 18

2011-11-19T17:16:00.001-06:00

Donald Coxe conference call November 18

Don Coxe Conference call

2011-11-09T21:18:00.001-06:00

Friday Nov 4 Coxe Conference call FIXED Link now Link is bad. Sorry I will fix when I find the correct address.

charlie Rose Interview of Ray Dalio

2011-10-25T19:05:00.001-05:00

Charlie Rose - Ray DalioThe manager of the biggest hedge fund, Ray Dalio in a good interview. Mr. Dalio has a crotchety reputation but I found him very likable and, of course, smart.http://www.charlierose.com/view/interview/11957

market Folly: Kyle Bass video very worthwhile

2011-10-19T20:14:00.001-05:00

Kyle Bass Betting Against Japanese Government Bonds (JGBs) ~ market folly In particular, he's focused on Japanese Government Bonds (JGBs). Of them, Bass notes, "At a time at which the bond I think is the most risky asset (or one of them) in the world, the pricing of that asset using the Black-Scholes model is the best it's ever been. So you have this huge convex moment that you can put

Donald Coxe October 14 commentary

2011-10-16T15:17:00.001-05:00

Event LobbyMr. Coxe commentary link

Business Insider: Weimar Hyperinflation, And The Roots Of Today's Crisis

2011-10-13T14:26:00.001-05:00

Art Cashin Offers A HuAge Lesson On Weimar Hyperinflation, And The Roots Of Today's CrisisArt Cashin is one of the great historians and readers of trend at the new York Stock Exchange. His letter today is a great example.Follow this linl to Business Insider to read the comment. Plus my thanks to Art Cashin for still writing his comment.

Steve Jobs, World's Greatest Philanthropist - Dan Pallotta - Harvard Business Review

2011-10-10T12:41:00.001-05:00

Steve Jobs, World's Greatest Philanthropist - Dan Pallotta - Harvard Business Review "What a loss to humanity it would have been if Jobs had dedicated the last 25 years of his life to figuring out how to give his billions away, instead of doing what he does best." This article by Dan Pallotta is very good, short and to the point hat tip to mark Perry of Carpe Diem

Don Coxe conference call Oct 7, 2011

2011-10-08T12:26:00.000-05:00

Event LobbyMr. Coxe Oct 7 call

Farewell to a Star

2011-10-06T10:18:00.003-05:00

Farewell to Steve Jobs a real star. There have been two real stars of business innovation in my lifetime and they are Bill Gates and Steve Jobs. The loss of creative vision and esthetic engineering that Jobs brought to Apple and then to the rest of us leaves a tremendous void. I can only hope he has developed proteges to follow in his footsteps. Steve Jobs delivered hope and change for the better

Shameful Government Overreach: Civil Forfeiture

2011-10-04T14:18:00.001-05:00

CARPE DIEMMark Perry posts this appalling story of a police department stealing private property. This is very scary to contemplate.Follow the link.

Zerohedge: Stockman Blame the Fed

2011-09-30T12:24:00.001-05:00

David Stockman: Blame The Fed! | ZeroHedge I blame it on the Fed. I blame it on the 1971 decision by Nixon to close the gold window and let the dollar float. Because out of that has evolved -- or morphed -- a central banking policy in the world that absorbs unlimited amounts of government debt. And so we went on what I call the "T-bill standard" or the "federal debt standard." And the other

Scott Grannis is Very upset

2011-09-28T16:23:00.001-05:00

Calafia Beach PunditThe people are VERY upset, and that is goodIn case you haven't seen it, I post this chart from Gallup. The country as a whole has never been so dissatisfied with the way the country is being governed. This chart gets my vote for the most important of the year.See the key findings at Calafia Beach Pundit

Don Coxe - Sept 16th Basic Points Webcast

2011-09-22T12:04:00.001-05:00

Don Coxe – Sept 16th Basic Points Webcast » Plan B Economicslisten to Don Coxe

MISH: Misleading Indicators - China's Growth Won't Last; Chanos on Chinese Property Bubble and Growth

2011-09-21T11:14:00.003-05:00

Mike Shedlock: Mish's Global Economic Trend Analysis: Misleading Indicators - China's Growth Won't Last; Chanos on Chinese Property Bubble and Growth Fund manager Jim Chanos spoke to Bloomberg TV’s Carol Massar about China's economy, debt and real estate market. Chanos said that growth in China may be zero and that China has “European kind of numbers” when it comes to debt. having trouble with

IBTimes: Nobel Laureate Ivar Giaever Quits Physics Group over Stand on Global Warming

2011-09-19T13:03:00.001-05:00

Nobel Laureate Ivar Giaever Quits Physics Group over Stand on Global Warming - International Business TimesIn his resignation note, Giaever wrote: "In the APS, it is ok to discuss whether the mass of the proton changes over time and how a multi-universe behaves, but the evidence of global warming is incontrovertible?" "The claim (how can you measure the average temperature of the whole earth

A fine article on a journalist's interactions with a President before, during, and after being in office

2011-09-15T17:06:00.001-05:00

The American Scholar: Dubya and Me - Walt HarringtonAs he talked, I even thought about an old Saturday Night Live skit in which an amiable, bumbling President Ronald Reagan, played by Phil Hartman, goes behind closed doors to suddenly become a masterful operator in total charge at the White House. The transformation in Bush was that stunning to me.Read the rest here and be reminded that no

Bloomberg: "You can't jump over a chasm in twwo steps"

2011-09-13T12:34:00.001-05:00

Greece Should ‘Default Big’ to Address Debt: Blejer - BloombergGreece should default on its bonds to stop a deterioration of the economy, said Mario Blejer, a former Bank of England adviser who took the reins of Argentina’s central bank after its 2001 default on $95 billion. “Greece should default, and default big,” Blejer, who was an adviser to Bank of England Governor Mervyn King from 2003 to

Scott Grannis : Thankyou Mr. Bernake

2011-08-29T11:15:00.001-05:00

Calafia Beach Pundit: Thank you, Mr. BernankeIt's past time for the world to understand that the big fixes now need to come from fiscal policy. Monetary policy has done all it can do to promote an economic recovery, and the Fed's focus going forward should be on ensuring that all the quantitative easing of the past several years doesn't allow the inflation genie to get out of the bottle.

Obama announces another non capitalist anti business academic from "Hahvad"

2011-08-29T10:55:00.001-05:00

EconomicPolicyJournal.com: Obama to Nominate Extremist to Head Council of Economic AdvisersObummer continues to insure he has no competent business experience anywhere near his advisors. Here is one excerpt from the article link above.If that is not enough, it appears that there isn't a government intervention Kreuger hasn't liked. While at Treasury, Krueger worked on developing the "cash for

Mark Perry of Carpe Diem: On Transfer Payments

2011-08-21T17:02:00.001-05:00

CARPE DIEM: Chart of the Day: Transfer Payments Read the article here We have a debt and spending problem not a revenue problem. Would more revenue help? Yes, if we did not spend it. If one has maxed out his credit card the solution is not to raise the card limit.

Donald Coxe: August 18

2011-08-20T16:02:00.000-05:00

Event Lobbymr donald Coxe audio commentary August 18 2011

Must watch: Very Funny Very True

2011-08-16T13:11:00.000-05:00

Jon Stewart On The Ron "13th Floor In A Hotel" Paul Media Blackout | ZeroHedgehttp://www.zerohedge.com/news/jon-stewart-ron-paul-media-blackout

Gartman : Setting the record straight

2011-08-10T08:06:00.000-05:00

Dennis Gartman of the Gartman Letter.