Buffett’s index fund bet against a group of hedge funds is looking pretty smart. Especially when one considers the terms of the agreement, which make the hedge funds look even sillier….
Today’s 4-1-1
Today’s directory assistance.
The “Fat Pitch” Myth
I was intrigued by comments in this interview with Marc Faber of the Gloom, Boom and Doom Report. He said: “I am hoping for the market to drop 40% so [ … ]
Today’s 4-1-1
Here it is – your 4-1-1 for today.
Today’s 4-1-1
A little late, but here it is….
Five Big Steps Toward Faster Global Growth?
David Malpass has an interesting article up on Forbes discussing the weakness in the global economy and how we might resolve some of the problems. He lists 5 different ideas that might help boost growth. Of those, two pertain to the USA and I think they’re somewhat off the mark.
Today’s 4-1-1
Just read it. You know you want to.
Rail Traffic Shows Continued Expansion
The latest weekly rail traffic reading showed a bit of moderation, but still a healthy rate of growth. Intermodal traffic came in at 3% vs last year. This brought the 12 week moving average down to 6.45%. We seem to be seeing growth moderate some…
Chart of the Day: the Bigger the Smarter?
Here’s a pretty interesting data point that I came across from Value Walk. They cite the NACUBO study on endowment funds in 2013 and found that larger funds tend to have a propensity towards high allocations in “alternative strategies”.