Tuesday, November 29, 2011

Bill Gross interview on CNBC

Papa Gross was on CNBC today. Here's the accompanying article. His monthly newsletter just came out as well.

His tag-team-buddy Mo El-Erian was on CNBC in a separate interview as well.


Saturday, November 26, 2011

Seth Klarman (Baupost) interviewed by Charlie Rose

Seth Klarman, a legendary value investor and the head of The Baupost Group, is the author of Margin of Safety, a classic value investing text that is out of print and extremely pricey on Amazon.

Tuesday, November 22, 2011

Interview with Wu Zhijian of Woodsford Capital

Wu Zhijian, CEO of Woodsford Capital Management has an excellent presentation (China into 2011: Bumpy Road Aheadon the slowdown in China from Nov 2010 as well as a recent piece (China’s Reaction to European Debt Crisis) updating his thesis. A must-read!

William Cohan interview on Bloomberg

Cohan talks about Jefferies with Peter Tchir, founder of TF Market Advisors.

Friday, November 18, 2011

Dick Bove says bank stocks are cheap

"On a fundamental basis, it's almost impossible to believe that these stocks are not dramatically underpriced"

Thursday, November 17, 2011

William Cohan interview on Bloomberg

Jefferies Is `Not Out of the Woods,'



Yet another interview with James Rickards

James Rickards on Fox News Radio


James Rickards: “Four Horsemen of the Dollar Apocalypse”


Kyle Bass interview with BBC on Europe

I finally was able to locate the recent Kyle Bass interview with the BBC. Why their website doesn't allow people outside the UK to access their videos, I'll never understand. Just stupid.

Mr Bass told Sarah Montague that Germany cannot be expected to bail out the PIIGS countries – Portugal, Ireland, Italy, Greece and Spain, and that only a massive write-down in those countries' debts will solve the crisis.

Part 1


Part 2

Tuesday, November 15, 2011

Interview with Steve Galbraith of Maverick Capital

Steve Galbraith, Partner at Maverick Capital at the 2011 University of Virginia Investing Conference on Markets Are Global but Politics Are Local

Liaquat Ahamed interview

Liaquat Ahamed, author of the delightful Lords of Finance, interviewed at the 2011 University of Virginia Investing Conference


Kyle Bass interview on Debt Sustainability

Kyle Bass interviewed at the 2011 University of Virginia Investing Conference event. Bass spoke on Debt Sustainability: Which Countries Are Beyond the Point of Return and Why.

Monday, November 14, 2011

RT Conversation with Ellen Brown, author of Web of Debt.

Conversation with Ellen Brown, author of Web of Debt.

George Soros on Europe and Angela Merkel


"Angela Merkel was the creator of the European crisis"

The Woz on CNBC


Steve Wozniak on Entrepreneurship

Warren Buffett on the Flaw Of the Eurozone



Gross, El-Erian on Europe, Strategy, Treasuries

60 Minutes piece on Congressional insider trading

60 minutes reported on Sunday that members of Congress can legally trade stock based on non-public information, and provided examples of congressmen buying healthcare stocks during the healthcare debate, a congressman, Spencer Bachus, buying put options in 2008 after attending an emergency meeting with Bernanke and Paulson, and Nancy Pelosi getting an allotment of Visa IPO shares while a bill to restrict credit card issuers was being debated

David Rosenberg on Consuleo Mack



Thursday, November 10, 2011

Jim Grant on Bloomberg

Jim Grant, of Grant's Interest Rate Observer, is the Hon. Ron Paul's choice for Fed Chairman.

Ben on Inflation

“We expect, based on the best information that we have today, that [inflation] will remain reasonably close to our objective of 2 percent or a bit less for the foreseeable future” 


- Ben Bernanke in prepared remarks for a town hall- style meeting with soldiers at Fort Bliss in Texas.
 

Herman Cain's Campaign Promises with Mike Tyson

Funny stuff!


Friday, November 4, 2011

James Rickards on Bloomberg

Sam Zell On Emerging Market Opportunities

(An older interview with Zell can be found here)


Sam Zell On Competing with China

(An older interview with Zell can be found here)

Sam Zell On OWS

(An older interview with Zell can be found here)

Sam Zell On his Natural Gas Venture

(An older interview with Zell can be found here)

Sam Zell On Europe and the Economy


(An older interview with Zell can be found here)

Sean Egan on CNBC

Sean Egan, head of credit rating agency, Egan-Jones, on CNBC explaining his firm's downgrade of Jefferies.


Here a previous interview with Egan that was posted on this blog.

PIMCO's Mohamed El-Erian on Bloomberg

"Unfortunately it's a mess" in Europe


Wednesday, November 2, 2011

Niall Ferguson interview with Henry Blodget on the Daily Ticker

Fresh off his take-down of Jeffrey Sachs on Fareed Zarkaria's GPS show, Niall now tackles the US debt and deficits. Taking on huge new debts assuming that rates will remain low forever is akin to playing "Russian Roulette" he says.

Niall Ferguson and Jeffrey Sachs get into it on Fareed Zarkaria

Niall isn't a shy man, and he rips into Sachs for (as he sees it) blaming Wall Street and the 1% for all our troubles today. He actually calls Sachs a "demagogue". He sees the real problem as declining social mobility.

Things start getting interesting at the 2:55 minute mark.


Tuesday, November 1, 2011

Europe on Sale - Luxury Real Estate

An Interesting Essay on "Luck"


What’s Luck Got to Do With It?
A very good read in the NYT on the role of luck (written by Jim Collins, the well known writer of From Good To Great, and Morten Hanson). They studied so-called 10Xers, entrepreneurs whose companies outperformed their competition by a factor of 10, and conclude that luck doesn’t cause 10X success since 10Xers and non-10Xers have roughly the same incidence of “luck events.” Rather the key metric is ROL or the Return on Luck – the ability to recognize luck, seize it, and to sustain a fanatically high level of effort over time.