I still can’t get over this happening. AGAIN. Niederhoffer blows up his Matador fund.
The Blow Up Artist – The New Yorker
Per my last post, virtually zero ‘gurus’ recommend allocating any of your portfolio to commodities. They usually spend most of their time focusing on large or small US, value or growth US, and if they feel crazy, maybe a little international. I wonder if the new books coming out by Ben Stein and David Swensen(2nd Edition with 200 more pages) will be any different:
Yes, You Can Supercharge Your Portfolio – Stein
I am curious what you think, so VOTE!
Other ramblings:
Split that money 60-40? No way! New research shows that maybe it was my genes that made that decision for me.
Pabrai has the biggest man-crush on Warren Buffett. Not that there is anything wrong with that. Pabrai holds an annual shareholder meeting for his investors. Dah Hui Lau summarizes the Q&A from the meeting.
I wish the University of Dreams was around when I was in college. For the bargain of $6,000 to $9,000 – including room and board – the company will place you in an internship in the city and industry of your choice. (Ok, maybe the Summer I lived in Boulder, took genetics, lived with three girl roomates, took flying lessons, and worked as a carpenter wasn’t THAT bad.)
And the conspiracy theory of the day is that Lionsgate started the conflict in Burma to boost sales of the upcoming John Rambo (or Rambo IV).
PS The only other person I have seen hunting fish with a bow and arrow is Bo Jackson in one of those Sports Illustrated “Where are they now?” features.
John Rambo trailer below. Warning: Graphic violence