Monday, April 26, 2010

What is better - buying apple stock, or apple products?

A fairly meaningless graphic, but mildly amusing anyway.

My favorite entry in the table....
Apple iPod (Original/Scroll) 5 GB, 10 GB 2001-10-23 $399 $11,914

Instead of buying that new ipod in 2001, you could be sitting on nearly 12K today.

More on credit rating agencies

A great post buy Steve Allen on the ratings agencies.

Wednesday, April 21, 2010

Gold in a portfolio

A common question I get asked is "shouldn't investors buy gold because it is a hedge against inflation". Fama and French provide an excellent answer to this question. Bottom line is, if you are not wearing it then you won't get a fair return.

Semi variance

Fama & French discuss the use of semi variance as a measure of risk.