Venture Hacks Tweets: Kleiner edition “I’ve never gone to bed with an ugly woman, but I’ve sure woke up with a few.” – Warren Buffett, explaining bad investments

The Finance Buff: RSU Sell To Cover Deconstructed. restricted stock units seem to confuse everyone every tax season. here’s a good run-down (in the US).

Op-Chart: Making Money Hand Over Fist - The New York Times. a guide to the hand signals of trading on the NY Mercantile.

Business guru Lenny Dykstra (kottke.org). There’s a great segment in Moneyball about how Dykstra’s ignorance of his own failures made him such a great ballplayer. Check out the except here.

Emerging Markets: Is It Time to Cash In? - India Knowledge@Wharton. some interesting data but no reason to sell if you’re looking long term.

Capitalism without bankruptcy, it is said, is like Christianity without hell.
- The Economist

The Finance Buff: China’s Stock Market Bubble Burst Fast “A Chinese bank became the most valuable bank in the world. A Chinese life insurance company became the second most valuable life insurance company in the world. A Chinese oil company became the most valuable company in the world.” that definitely sounds like a bubble.

reportonbusiness.com: REITs can offer solid foundation. some things to look for in REITs.

Jim Rogers on CNBC talking about fed bailouts and inflation rates. “I don’t want more regulation. If XYZ needs to go bankrupt, let them go bankrupt. you’ll have lots of self regulation after that”

Bear Stearns’ Cautionary Tale “yet again a reminder for the rest of us not to tie up too much of our savings in our employer’s stock.”

TFSA Tax Free Savings Account Strategies - wheredoesallmymoneygo.com. more on the tfsa.

Tax-Free Savings Account (TFSA) for Canadians. This is huge news from the ‘08 budget. It’s like a Roth IRA where earnings from the account are tax-free.

Could Bear Stearns Do Better? - New York Times. JPMorgan is buying it for $2/share. my head almost spun off when i read that. it was at $160 last year and $35 on friday.

Excerpt of Warren Buffet talk in Toronto. there’s some really choice quotes in the article including: “it’s only when the tide goes out you see who is swimming naked. Well, the tide is now out, and it’s not been a pretty sight.”


Warren Buffett interview from the other week in toronto.

12 Ways to Make Your Kids Financially Savvy - WSJ.com. i was looking up articles by the author, Jonathan Clements, and came across this one. Some interesting ideas for building a solid financial base for your kids well in advance of when they’d actually need it.

The Finance Buff: How Low Can It Go?. nice quote at the end from Buffett about wanting prices to fall.

ING DIRECT Canada: The Streetwise Fund Advantage. ing canada launched index funds with a 1% MER and no other fees. still not as cheap as TD e-series funds or Vanguard ETFs but a good starter fund for canadian funds.

Time to buy Canadian REITs?. REITs have gotten hammered this year but XRE is now yielding 6.8%. interesting.

Questrade Offers US Dollar RRSPs. though the USD is out of favor, there’s real incentive to use this if you’re trading equities in USD.