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Monthly Archives: July 2008

Who moved my Dollar?

Wednesday, July 30, 2008

I was playing with a dollar bill at the local Starbucks this evening, on my way back from another long day at work. A friend, who was waiting in line to get his coffee, nonchalantly announced, “There was a time when I used to buy a gallon of gas with that piece of paper”. I [...]

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The Tale of Fannie and Freddie

Monday, July 28, 2008

A lesson I learnt from the Bear Stearns fallout was that if you get into a stock when it hits rock-bottom, your investment can only go up.
While I was a little late with the Bear Stearns opportunity (when it briefly traded at $2 and change); I see a potential opportunity for me (and like minded [...]

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Buffet’s mistakes

Friday, July 25, 2008

I was ruminating about some mistakes I’ve made in my early years of investing (like not buying Hollywood video when it was a penny stock in early 2000 and rose to $26, before it eventually was acquired by Movie Gallery).
I remember reading somewhere “Mistakes are great. I love making ‘em all the time, as [...]

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