Entries about 'money'

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How Real Are The Deficits?

In the old days in the investment business when you were studying a company you would sometimes send a young fellow out back of the factory with a clicker to count the widgets emerging to be shipped. Easy enough to check production. Quite different now!

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Investing Like Mr. Morgan, Not Like Mr. Ford

The great venture capital investors have a number of common traits. J.P. Morgan, of whom my grandfather was a partner, had a cardinal rule: look first at the character of the people involved.

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The Shortest Possible Course in Reading a Financial Statement

To invest sensibly you need to understand what the company is trying to tell you in its financial statement. Though the elements are fairly simple, I observe that many of my clients have trouble reading one. So here is a simple guide to help get started.

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Protect Yourself Against Yourself

Column in Forbes explains two ways to protect ourselves when we aren’t able to handle our financial affairs.

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Swarm Theory

The Dance of the Money Bees was the first book ever to use a biological example to describe financial phenomena, writes Christopher T. May.

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Twelve Choruses of a Market Cycle

Major market cycles have a life of their own, like the ups and downs of a manic depressive patient. The choruses sung at each stage are not based on objective data. They are just rationalizations.

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Going Into Wall Street

I am frequently asked about the best background for the investment business. To start with, I am quite sure what isn’t: majoring in economics, and then entering Wall Street.

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