10 February 2012
In this Foreign Policy article, the CEO/CIO of Pimco, one of the largest asset managers in the world, provides a fairly balanced outlook on the big, potential catalysts to the macroeconomic picture in 2012.
Here’s an article from the Reformed Broker discussing how most people have trouble owning up to their mistakes or worse, not taking appropriate action when they are wrong. We’ve learned a lot from our mistakes (and others’) and plan to be true to our disciplined approach to investing.
Bloomberg was a great resource this week providing the following articles.
An interesting twist to the US foreclosure situation has JP Morgan paying homeowners to short sale rather than foreclose.