wealth.nethttp://wealth.net Rebooting Capitalism Fri, 16 Dec 2011 15:39:06 +0000 http://backend.userland.com/rss092 en Special Privilege (part 1) Yesterday I received my copy of Vincent R. Locascio’s “Special Priviledge: How the Monetary Elite Benefit…At Your Expense“. It was published in 2001 by the ]]>http://wealth.net/2011/11/19/special-privilege-part-1/ The Hazard Of Financial Morality We have all heard of “moral hazard”.  It is something that was said to have kept Treasury Secretary Hank Paulson awake at night when he was agonizing over how to thaw out the frozen inter-bank credit system in mid-late 2008. …

]]>http://wealth.net/2011/11/15/the-hazard-of-financial-morality/ Blaming “The 1%” is like blaming “Zionists”, “Blacks” or “Gays”

Some people like, to make all the rules and tell others what to do.
They make it their way, so they always win, and the others always lose.
Street gangs and madmen How they wage their private wars

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]]>http://wealth.net/2011/11/02/blaming-the-1-is-like-blaming-zionists-blacks-or-gays/ Talk Is Cheap – Action Is Prohibitively Expensive Mr Geithner wants his European counterparts to help him maintain the facade that “liquidity” equals  creating “money” out of thin air through the issuance of new debt paper and that the financial markets can  be kept happy by covering their…

]]>http://wealth.net/2011/09/19/talk-is-cheap-action-is-prohibitively-expensive/ You Can’t Kill Capitalism…It’s Already Dead When I was a child, I was proud of my heritage and the fact that I counted among my distant relations none other than Otto Von Bismarck, the inventor of the modern welfare state as we know it…

]]>http://wealth.net/2011/09/07/you-cant-kill-capitalism-its-already-dead/ Capitalist Collective Talent Search Mark was nice enough to let me post about my venture, Capitalist Collective:

I am looking to hire a senior and junior analyst for my NYC-based hedge fund, Fertilemind Capital.

I have decided to do away with the usual resume…

]]>http://wealth.net/2011/06/23/capitalist-collective-talent-search/ Wealth.net Exclusive: Interview with John Mauldin My inaugural post on Wealth.net was a brief notice that John Mauldin’s forthcoming book “Eavesdropping on Millionaires: Secrets of the World’s Wealthiest Investors” had been postponed. As an afterthought I asked him via email for details and he responded…

]]>http://wealth.net/2011/05/18/wealth-net-exclusive-interview-with-john-mauldin/ Tim O’Reilly: e-books without DRM sell just fine It is always refreshing to see Tim O’Reilly’s take on new media, especially with regard to the question of Digital Rights Management (DRM), in the latest Forbe’s he answers the question “Aren’t you worried about piracy?”

No. And

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]]>http://wealth.net/2011/04/06/tim-oreilly-e-books-without-drm-sell-just-fine/ What Goes Up Does Not Necessarily Come Down There is a very old and tested adage that has long been applied to booms and busts brought on, as they will inevitably always be, by government tampering with money and credit. The adage goes as follows: “In the washout…

]]>http://wealth.net/2011/04/04/what-goes-up-does-not-necessarily-come-down/ Is the stock market really a zero-sum game? I see this statement all over the place when I read stock market blogs, info products, etc. that the stock market is a “zero sum” game, that for every trade there is a winner and a loser. This certainly seems…

]]>http://wealth.net/2011/03/29/is-the-stock-market-really-a-zero-sum-game/ Martin Armstrong released from federal prison Martin Armstrong has been released into home custody pending his appeal, expected this September, 2011. He released this statement on his website on March 14, the day after he released his ]]>http://wealth.net/2011/03/17/martin-armstrong-released-from-federal-prison/ Can a business be ethical and survive? A couple weeks ago I drove up north to a cabin in Algonquin Park with a bunch of books, a guitar and Damon Vicker’s audiobook “The Day After The Dollar Crashes” on my iphone for the drive. It…

]]>http://wealth.net/2011/03/04/can-a-business-be-ethical-and-survive/ The GFC Succinctly Summed Up for What it Was I have made the case on numerous occasions that the Global Financial Crisis was not a “failure of capitalism” or “free markets”. I’m reading a great little book called Shakedown Socialism by Russian emigre Oleg Atbashian which I think sums…

]]>http://wealth.net/2011/02/14/the-gfc-succinctly-summed-up-for-what-it-was/ You Couldn’t Invent This in Fiction Consider this for a moment.  Treasury Secretary Tim Geithner recently received a letter from Republican Senator Pat Toomey.  In the last week of January, Senator Toomey (a member of the Tea Party caucus) introduced into Congress what he called the…

]]>http://wealth.net/2011/02/14/you-couldn%e2%80%99t-invent-this-in-fiction/ The Problem with Marketing: Part II (any idiot can do it, and it works). It was only yesterday I wrote “The Problem with Marketing” and today a friend sent me a link for the pitch page for some guy named Trey Smith and his “Software System”. My friend asked me to watch…

]]>http://wealth.net/2011/02/12/the-problem-with-marketing-part-ii-any-idiot-can-do-it-and-it-works/ The Problem with “Marketing” I randomly punched up a podcast on my iphone this morning on my way to the office and it was a short “introduction to information marketing lesson” from Joe Vitale for Nightingale-Conant. I’ve got a few Joe Vitale books and…

]]>http://wealth.net/2011/02/11/the-problem-with-%e2%80%9cmarketing%e2%80%9d/ A Value Investor buys into gold (oh my) A friend of mine, Aram Fuchs runs a fund called FertileMind Capital out of New York. We met online through a mutual interest in examining new media companies and assets from a value investing framework and have since…

]]>http://wealth.net/2011/01/18/a-value-investor-buys-into-gold-oh-my/ How You Trade the Big Trends in 2011 I hope everyone had a great holiday and new years!

It’s time to reset our profit counter to zero and start looking for new profitable trades along with managing our current open positions on our small cap stocks which we…

]]>http://wealth.net/2011/01/03/how-you-trade-the-big-trends-in-2011/ Mike Swanson’s 2011 Forecast Now Online Mike Swanson just released his 2011 Market Forecast online here. Additionally, if you aren’t already a subscriber to his Wall Street Window Power Investor Service, he’s opening it up to new subscribers on Tuesday.

When you ]]>http://wealth.net/2011/01/03/mike-swansons-2011-forecast-now-online/ Preparing to Invest and Trade in 2011

On Tuesday, January 4th Mike Swanson will be opening his WallStreetWindow service to new subscribers for the first time in nearly a year.

Mike is a contributor here at Wealth.net, I’ve been a long time subscriber of his…

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