Many so-called emerging markets have long since emerged. Russia now has an investment-grade credit rating and with oil where it is right now, probably more money in the bank than the U.S. |
Nobody heard of it last year and now we're helping farmers. |
Pay per click was just the beginning. The real evolution is pay per action. |
Sites don't like that; and big, and important sites won't participate because that siphons off their brand identity, |
So, the lower inflation goes and the more and more investors believe that inflation will stay low, the better it is for the bond market. |
Some people say farmers have always helped farmers, People say we're expanding the definition of neighbor. |
Stocks historically return more than almost all other alternative investments but only when priced right when the race begins, ... If you start from day one with P/Es too high or, importantly, dividends too low, you will not obtain equity returns in excess of bonds. |
That is not to say that long government bonds won't go up in price if the 'system' suffers some elimination, slower growth, or to be frank, a recession in 2006, |
The current, rather mild U.S. recovery has been driven by asset appreciation/consumption and not employment or capex [capital expenditure] growth. Future growth is dependent on additional asset appreciation in real estate and stocks if Asia continues to absorb much of our investment and many of our jobs. |
The days of eating salad may be over, but 5 [percent return] is ample sustenance in a low inflationary environment. |
The fact is that GE is a conglomerate financed by a money machine -- its subsidiary GE Capital -- but, unlike Berkshire Hathaway, its foundation is vulnerable because its survival depends upon the confidence of outside investors, |
The Fed knows that the economy is in terrible shape and that they must bring down short-term rates to the level of inflation. If inflation keeps coming down, the Fed, to a certain extent, has to chase inflation. |
The major difference between us and Excite, for example, is that they work at only 12 participating merchants, who are paying Excite a transaction fee for every purchase, ... We are not holding the customer's data. It's on your PC; eWallet just passes it through to a site without us ever even seeing it. |
The market can move for irrational reasons, and you have to be prepared for that, ... you need to make big bets when the odds are in your favor -- not big enough to ruin you, but big enough to make a difference. |
The market needs to yield close to 3.5 percent before it approaches fair value, and that means Dow 5,000, |