2007 September » Investment Postcards from Cape Town

Archive for September, 2007

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Saturday, September 8th, 2007

Short-Term Capital Mismanagement: letter to investors

The following hilarious spoof is courtesy of David Fuller’s Fullermoney newsletter:
Dear investor, we’d like to take this opportunity to update you on the recent performance of our hedge fund, Short-Term Capital Mismanagement LLP.
As you know, market selection for the entire fund is guided by a proprietary investing tool we like to call “a dartboard”. Once […]

4 Comments » - Posted in Markets, Money, Wall Street, Investment, Humor, Finance, Hedge funds, Business by Prieur du Plessis

Friday, September 7th, 2007

Here’s my travel schedule - let’s meet up

I often receive enquiries from blog subscribers and readers about my travel schedule, with the aim of perhaps hooking up for a chat in some convenient corner of the world.
I do travel abroad quite often and would be very keen to connect with friends wishing to discuss investments and perhaps share a glass of wine somewhere […]

1 Comment » - Posted in Travel, Investment by Prieur du Plessis

Thursday, September 6th, 2007

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

Global stock markets regained much of their credit squeeze losses during the second half of August 2007 to end the month only in slightly negative territory. The MSCI World Index was down -0.3% and the MSCI Emerging Markets Index lost -2.2%, but ten of the 54 indices in the accompanying table still managed to end the […]

1 Comment » - Posted in Markets, Money, Stocks, Investment, Finance, Economy, Equities, Business by Prieur du Plessis

Wednesday, September 5th, 2007

Robert Shiller: ”We have a housing crisis developing”

I have often written and talked about the US housing situation being the Achilles heel of the US economic outlook. As stated before, the unwinding of the US housing situation has some way to go before the system rids itself fully of all the excesses accumulated during the multi-year upswing.
The video clip below features Prof […]

1 Comment » - Posted in Markets, Money, Investment, Housing, Economy, Business by Prieur du Plessis

Tuesday, September 4th, 2007

Smart money bets on surging gold price

When it comes to gold bullion and gold stocks, I need to confess that I started my investment career in 1984 as none other than a mining analyst. Ever since those days of calculating net present values on my trusted HP12C I have been intrigued by the shenanigans of the yellow metal and related stocks.
And […]

4 Comments » - Posted in Investment, Markets, Money, Gold, Finance, Commodities, Economy, Business by Prieur du Plessis

Sunday, September 2nd, 2007

Words from the wise for the week that was (August 25 to 31, 2007)

Before highlighting some memorable quotes from market commentators during the past week, let’s briefly review the week’s market action on the basis of a few performance charts.
Global stock markets were generally higher, with the top performance coming from emerging markets – again spearheaded by China and Hong Kong – and Japan. American equities were mildly […]