Do you remember the days before the collapse of the Lehman Brothers bank in 2008? Well, the history is repeating – only this time is spoken in more languages and has a different continent behind. Today EU decided to wipe out 50% of the Greece debt – in effect the private bondholders have agreed with a 50% cut on their […]
One more book about trading various financial assets… Shouldn’t the world be tired about these? I guess not. Trading is a financial knowledge field which advances at a blistering pace, not only technologically, but also behaviorally. Take for example the way the introduction of the Ipad has changed the trading behavior of the masses – now you can research, plan […]
As we have adopted fundamentally long positions in our US blue chip shares portfolio, there are no changes in the no of shares owned as of today. However, the market seemed to come back a little bit this week and we extended our gains modestly (but certainly, as $8,000 is no little gain I’d say -0.8% per week measn 40% […]
Well, two weeks have passed since we started our blue chip shares portfolio. If you remember, we created a portfolio of very liquid shares two weeks ago, with the intention of tracking its performance and of comparing it with the investments performance of the DJIA index. Well, in two weeks the things are quite good. The initial value of our […]
It seems that Sept 11, 2008 was not so bad a day for shares, after all. U.S. stocks rose on Thursday as a report that major U.S. investment bank Lehman Brothers is shopping itself to possible owners, including Bank of America, drove a last-minute increase in financial shares.