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Thursday, January 22, 2009

Heard On The Street

You should socialize with the best gem dealers who practice endlessly and learn to identify and predict trading patterns. It's priceless education.

New President/New Website

The new White House has launched a website to provide up-to-date information on the state of the government. Great design. Impressive. I liked it.

Useful links:
www.whitehouse.gov
www.whitehouse.gov/blog

Global Trends 2009

Dr James Canton is the CEO of The Institute for Global Futures. The Institute has identified interesting trends for 2009. Check out Global Trends Report 2009 @ www.globalfuturist.com

Tucson Gem Seminars

AGTA GemFair™ Tucson Seminars
http://www.agta.org/tradeshows/gft-seminars.html

Useful links:
www.tgms.org
www.agta.org

The Tucson gem fair = the world’s greatest gem and mineral show. A must visit.

Famous Diamonds

The fifth edition of Ian Balfour’s Famous Diamonds is available at Antique Collectors’ Club. Go to www.antique-acc.com for further info. A great diamond classic.

Factors Behind The Financial Crisis

Lesson One: What Really Lies Behind the Financial Crisis?
http://knowledge.wharton.upenn.edu/article/2148.cfm

Start a new bank. You won't have the problems of existing banks, and the federal loans interest rate is near zero. Demand for loans is high, and you will face no competition from the private market. You could become very profitable.
- Jeremy Siegel

Useful link:
www.jeremysiegel.com

Great advice. Thank you Jeremy.

Random Thoughts

So if the entire country became securities analysts, memorized Benjamin Graham’s Intelligent Investor and regularly attended Warren Buffett’s annual shareholder meetings, most people would, nevertheless, find themselves irresistibly drawn to hot initial public offerings, momentum strategies and investment fads. People would still find it tempting to day-trade and perform technical analysis of stock charts. A country of security analysts would still overreact. In short, even the best-trained investors would make the same mistakes that investors have been making forever, and for the same immutable reason – that they cannot help it.

- Seth Klarman
www.baupost.com

How true!

Coming Soon ! Opera/Ballet Online

Major operas to be shown online
http://news.bbc.co.uk/2/hi/entertainment/arts_and_culture/7841965.stm

Useful links:
www.classicaltv.com
www.eno.org
www.metoperafamily.org
www.operainfo.org

I am a huge opera/jazz/classical music fan. I hope all goes well.