Archive for June, 2007

Monthly Archive
Saturday, June 30th, 2007

Top ten list of hedge fund manager quotes

While some sorry hedge fund tales abound, the following provides an entertaining “top ten” list of hedge fund manager quotes (some perhaps apocryphal), courtesy of Hermes, a London-based fund manager.
10. “If we don’t charge 2 and 20, no one will take us seriously.”

9. “We are 75% cash because we cannot find sufficient investments.”
8. “We […]

3 Comments » - Posted in Markets, Money, Stocks, Investment lessons, Investment, Finance, Hedge funds, Equities by Prieur du Plessis
Thursday, June 28th, 2007

Knights of the round table: mapping out the markets (June 2007)

In the true ancient fashion of King Arthur’s Knights of the Round Table, we have also gathered men of the highest order, not of chivalry but of investment expertise, at our virtual Round Table. In a world first, and a coup of note, four of the investment industry’s leading lights have gathered to debate and […]

14 Comments » - Posted in Investment lessons, Investment, Markets, Money, Stocks, Oil, Housing, Gold, Currencies, Commodities, Economy, Equities, Finance, Bonds by Prieur du Plessis
Monday, June 18th, 2007

Gold stocks could add shine to your portfolio

Gold bullion is like children – unpredictable. You never know with what inconsistent action the yellow metal is going to catch you next, making it notoriously difficult to predict the short-term price movements. Many traders have to their detriment seen their pockets being emptied as a result of unwelcome margin calls over the years.
In […]

2 Comments » - Posted in Markets, Money, Stocks, Investment, Gold, Economy, Equities, Finance, Commodities by Prieur du Plessis
Monday, June 11th, 2007

Gold bullion: avoid or accumulate?

The gold price has experienced a rather precipitous decline of 6,7% since its recent peak of $691,7 on 20 April 2007. This correction is considerably larger that the drop in the prices of commodities in general as well as the increase in the value of the dollar from about the same time. This begs the […]

13 Comments » - Posted in Markets, Money, Investment, Gold, Economy, Finance, Commodities by Prieur du Plessis
Monday, June 11th, 2007

Our house (was our castle and our keep … )

As stated before, the unwinding of the US housing situation has some way to go still before the system rids itself fully of all the excesses accumulated during the multi-year upswing. The following graphs from good friend Martin Barnes, managing editor of BCA Research, vividly illustrate the point.

 

But what about the UK residential property market? […]

No Comments » - Posted in Money, Housing, Finance, Economy by Prieur du Plessis
Monday, June 4th, 2007

Global stock market performance round-up (May 31, 2007)

I am at risk of sounding like the proverbial stuck record player when reporting that global stock markets continued to deliver good performances for the three months ended May 31, 2007. As far as US dollar figures were concerned, the Shanghai Composite Index was still comfortably in the lead with a rise of 44,1% (although […]

No Comments » - Posted in Money, Stocks, Markets, Investment, Finance, Equities by Prieur du Plessis
Saturday, June 2nd, 2007

US housing recession: a must see video

I have often written and talked about the US housing situation being the Achilles heel of the US economic outlook. This video clip is a particularly cool (or uncool if you are cringing under debt) take on the unfolding saga.
You have read the script, now watch the movie.
[youtube=http://www.youtube.com/watch?v=-rLYph0J7vc]
In short, there is more bad news in […]

2 Comments » - Posted in Money, Housing, Finance, Economy by Prieur du Plessis