psychology

This is an interview in five parts via Morningstar on May 28th with the one-time reputed perma-bear Jeremy Grantham who has been sounding much more bullish of late (in a bear-market rally kind of way). Definitely worth a look. The five…

The real lecture begins about 5 minutes through.

You will never hear this term again on Credit Writedowns – not from me, not from Marshall or anywhere else.  I am sick of hearing this phrase and am banning it for good – hoping it goes away and dies a gruesome and painful death.…

I just finished watching this show called Celebrity Apprentice hosed by Donald Trump.  Why I did is a question for a psychologist. You may be familiar with the show.  It pits two teams of individuals against one another in random tasks,…

For most of the last few years, I have been labeled a perma-bear, that is someone who looks at the situation from a reflexively skeptical glass half-empty bias. One only need peruse our archives to get that impression. In fact, that is…

It looks like Chrysler is going down for the count. A few piggish bondholders decided to play chicken with the Federal Government. They are going to lose this game and, consequently, lots of money too. Chrysler and the Obama…

Watch the video below and then read the text and the linked full article. No cheating! As anyone who has ever been in a verbal disagreement can attest, people tend to give elaborate justifications for their decisions, which we…

Below is a very good video of John Bogle, the legendary investor, at Columbia Business School, hosted by CBS Professor David Beim. In his speech, Bogle places much of the blame for the present crisis with the increasingly hostile corporate…

I don't much like Ken Lewis. It should be fairly obvious to everyone that he is a man who has only his own interests at heart. But, his revelation that BofA bought Merrill Lynch for the agreed-upon September price, despite Merrill's having…

Update: 3 Apr 2009: I have been getting more positive about the possibility of a cyclical upturn before 2009 is over (what I like to call a fake recovery). Meanwhile, the punderati are seeing black when they should be seeing shades of…