Video of Morningstar's Pat Dorsey discussing Inflation, Fannie Mae, Freddie Mac and Oil Insights
Morningstar's Pat Dorsey Weekly Wire (August 8, 2008) - Here is video of Pat Dorsey discussing Inflation, Fannie Mae, Freddie Mac and Oil Insights:
"Human beings can not survive unless they create provisions for their future." ~ Alan Greenspan, former Fed Chairman
Morningstar Picks in the Energy Pullback (July 24, 2008):
Important Note: Morningstar despite its great name, sometimes miss big time just like any other investment research firms. Last year back in early to mid 2007, Morningstar rated Countrywide Financial Corp. (symbol: CFC) as 5 stars (the highest rating!!) when the stock was selling higher than $40 per share. Well, this pick has been proven to be very rotten pick. The stock ever since has gone down to $5 per share before it was acquired by Bank of America. So treat Morningstar picks with great care! There are clearly significant risks that some of their picks may prove to be not so good. You have been warned!
“On such a full sea are we now afloat, and we must take the current when it serves or lose our ventures.” ~ Shakespeare
- Recent Economic Perspectives from Bank of America Securities + US Unemployment Rate
- Deleveraging Is On The Way. Embrace Simpler Lifestyle!
- Europe puts $2.3 trillion on line for banks - Is it still too small?
- Global financial crisis requires you to be patience and use your common-sense
- Credit Default Swaps Market: A Giant Phantom Market Poised To Collapse
- Breaking News: Congress OKs Historic $700 Billion Bailout Bill; BUT IS IT TOO LATE?
- Charlie Rose Interview with Warren Buffett on Wed, Oct 1, 2008
- Recommended Book: "The Snowball: Warren Buffett and the Business of Life." by Alice Schroeder
- FDIC's Failed Bank List
- Acquisition of Washington Mutual’s banks by JPMorgan Chase. Wamu's shareholders will get nothing.