Archive for July, 2008

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Friday, July 25th, 2008

Stock Market Returns – The Wonder of Compounding

Albert Einstein described compound growth as the eighth wonder of the world. Although he may have passed away in 1955, the concept of compounding remains the single most important principle governing investment. This post provides the empirical evidence.

4 Comments » - Posted in Money, Markets, Investment by Prieur du Plessis
Friday, July 25th, 2008

Anyone for a 100 billion dollars?

Full marks for eBay entrepreneurs for stepping in where forex traders have lost count of the zeros being added to the Zim dollar every few days. How about paying US$83 for the new Z$100 billion bank note! Although the novelty value of the Zim note is surging, the sad truth is that the note is not worth enough to buy a loaf of bread.

1 Comment » - Posted in Money, Markets, Currencies by Prieur du Plessis
Thursday, July 24th, 2008

Video Interview: Roubini – More pain, but not Armageddon

Nouriel Roubini, professor at New York University and chairman of RGE Monitor, is renowned for his bearish stance on the US economy and stock markets. Henry Blodget and Aaron Task have just conducted a three-part video interview on behalf of Yahoo Finance with Roubini on a variety of topical issues. This is the subject of this blog post.

1 Comment » - Posted in Money, Markets, Investment by Prieur du Plessis
Wednesday, July 23rd, 2008

Louise Yamada: Bearing Up

This post features an interview by Kate Welling with Louise Yamada, top-ranked “Institutional Investor” technical analyst. Louise’s track record is just too good to be ignored, especially when she concludes the interview by saying: “I’d rather be out of the market wishing I were in, than in the market wishing I were out.”

7 Comments » - Posted in Money, Markets, Investment by Prieur du Plessis
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