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Video clips of discussions and interviews by market experts debating macro-economic and financial market trends

Wednesday, October 28, 2009

Is buy-and-hold still a good strategy?

John Mauldin, the renowned editor of the popular e-letter, Thoughts from the Frontline, doesn't think a buy-and-hold strategy makes any sense in the current economic environment...

To index or not...

Yahoo! Finance published the following interview with Michael Mauboussin, author of Think Twice: Harnessing the Power of Counterintuition and chief investment strategist at Legg Mason Capital Management, home of legendary (active) fund manager Bill Miller.
Miller famously beat the S&P 500 for 15 consecutive years starting in the 1990s, only to take a bath during the market crash in 2008, when the Legg Mason Value Trust fell a staggering 55%.
Stellar performance is "a combination of skill and luck," Mauboussin concedes, and even Miller has often cited the role luck played during his years of outperformance.

But just like the best athletes, his research shows the best investors also have tremendous skills and tend to display the following characteristics:
Value oriented
Employ a repeatable process.
This last point is probably the most important. Retail investors should emphasis the process, not just results. And like a stock reverting to the mean, the best investors will likely rebound from a down year or two.

Monday, October 26, 2009

Thursday, October 8, 2009

A sustainable recovery?

A panel discusses the increasing proof that the recession is over and what that means for the market.

Is the Recession over?
Is the Recession over?

A change in global financial leadership

The US lost its top spot as the global financial center of the world to the UK. Nouriel Roubini, chairman of and the lead academic on the report, breaks down the results for CNBC.

New Rankings of Global Financial Leaders
New Rankings of Global Financial Leaders