Well, it was a great weekend of college basketball as Butler vs Florida, Kentucky and Carolina, and Arizona vs Connecticut were all great games- hope everyone enjoyed them.
It should be an interesting week as the markets are recovering from the kitchen sink- nuclear issues in Japan, Mideast craziness (it seems like it never ends- the problem is the cure may be worse than the disease in Egypt, certainly), price of oil, commodity pressure, a tapped out consumer (wonder about that one). Anyway, here are some interesting stories which took place over the weekend.
Seems like Warren has some investment thoughts to consider:
http://www.bloomberg.com/news/2011-03-25/buffett-says-avoid-long-term-bonds-tied-to-eroding-dollar-value.html
People are watching even more video on line, just slightly, but a lot longer:
http://www.nytimes.com/2011/03/28/business/media/28drill.html?_r=1&ref=business
Finally, the battle in Nevada over regulating on line poker gets even fiercer- just wonder how it plays out:
http://www.lvrj.com/business/who-has-big-stack-in-online-poker-118731549.html
Finally, the last week of the quarter always brings some interesting surprises, hopefully all good. Have a great week everyone.
As always, on any company mentioned here, past performance is not a guarantee of future returns. One should research any investment and make sure it is suitable with your objectives, risk tolerance, risk profile liquidity considerations, tax situation, and anything else pertinent to your financial situation. Also, the CFA credential in no way implies investment returns will be superior for any charterholder.
Yale Bock, CFA
President, Y H & C Investments
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