Warren Buffett once remarked that successful investing consists of long periods of inactivity, bordering on sloth. That pretty much describes my attitude towards investing coming into the new year. If we are going to have more of the October massacre, then we should at least seek cover and conserve cash. The losses from Citigroup and Bank of [...]

Financial course fees for investors are getting ridiculously expensive. In the Lehman Brothers debacle, some investors parted with their life savings to learn complex financial terms, like collaterized debt obligations, derivatives, credit default swaps, first to default, credit linked notes, etc. Next lesson up is about ponzi scam – where early investors are paid outsized [...]