What I’m Reading Today
July 8, 2009 at 11:51 am · Category: Culture and Current Events, Macro Economics, Market Commentary, The Investment Advice Business
- “The economy is still deteriorating, job losses are still huge, I really don’t see where earnings will come from to drive valuations. Just because things are getting worse at a slower pace doesn’t mean they’re getting much better” - James Melcher (subscription required)
- Too much, too fast for Chile’s stock market?

- “Staggering Budget Gap and a Reluctance to Fill It”, The New York Times, July 8, B1
- “In A Downturn, Jewelers Aren’t So Precious”, The New York Times, July 7, B1
- “The ultimate reverberation from the Madoff scandal: trust, the foundation between wealth manager and client, has been called into question, if not destroyed” - “How Do I Know You’re Not Bernie Madoff?”, The New York Times, June 13
- “The dignity code itself has been completely obliterated. The rules that guided Washington and generations of people after him are simply gone” - David Brooks, “In Search of Dignity”, The New York Times, July 8
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Three Investing Lessons from Bernie Madoff
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(Buying Value, 6/29/09)
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(Contrarian Profits, 7/7/09)
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