October 20, 2006 – The above question was posed to me by a reader about a week ago. I personally replied to him that I have been looking but haven’t yet identified any African companies that have a compelling enough…
Month: October 2006
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Q: How Do I Know that My Blog Entries are On Point? I am keeping with my new tradition of keeping my Friday entries light and/or humorous. Last Friday, I blogged about Chris Gardner. This week, I really wasn’t sure…
October 18, 2006 – In recent months, two prominent analysts have been fired (well one resigned, but it’s easy to read between the lines there). According to biotechnology analyst Matt Murray of the American investment bank Rodman & Renshaw, he…
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October 18, 2006 – Steve Wynn, the Las Vegas billionaire casino mogul, recently agreed to sell a 1932 Picasso painting “La Reve” to Connecticut hedge fund billionare Steven Cohen for USD $139 million, a $91 million profit in just 9…
October 18, 2006 – As I’ve mentioned many times before, I expect to see a significant correction coming soon in the U.S. markets. Were it not for the imminent mid-term elections on Nov. 7th, I would call for strong and…
October 17, 2006 – I’ve said many times on previous blog posts that the reasons I discuss the U.S. markets so often is that the U.S. markets drive all other markets around the world. It is quite common to see…
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October 16, 2006 – U.S. Federal Reserve Chairman Ben Bernanke recently stated that the enormous U.S. trade deficit that the U.S. has incurred over the years is nothing to worry about because it merely reflects global savings patterns. He states…
October 14, 2006 – When you look at satellite images of Africa at night, it is truly amazing. It’s beautiful yet eerie at the same time. The entire continent, with the exception of the coasts of Algeria, Tunisia, and Morocco,…
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Q: What Investment Film Do You Recommend? As the weekend is approaching, I thought I would keep today’s entry very light. Saw a trailer today for what looks like an amazing film about a man, Chris Gardner, who traveled a…
October 12, 2006 – As an afterthought on my blog entitled “State of Denial”, I thought about the accusation author Bob Woodward made that the Bush Administration, prior to the 2004 Presidential elections, asked then Saudi Ambassador to the U.S.,…