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Media
Matters
The Live
Big List just keeps getting bigger! In fact, one of the
reporters we work with at Businessweek, Lauren Young, wrote about
it on the BusinessWeek website a few weeks ago, offering a few
suggestions of her own. Dozens more were posted by her readers. Check
out Lauren's blog on BusinessWeek.com.
Lauren
also quoted Dave in the latest issue of BusinessWeek. She was
writing about unique benefits you can sometimes get by working with a
financial advisor. Among other things, she notes the fact that we're
able to get access for our clients to the institutional
portfolios of Dimensional Fund Advisors. These funds normally have
a minimum initial investment of $5 million each, but our relationship
with DFA allows us to access them on behalf of clients in any increment,
no matter how small.
How to Get Help
And don't forget that our updated
client page (http://www.yebu.com/portal.htm)
offers a full list of who does what and who you should contact for help
with various issues. Contact
numbers and email links are available from that page as well.
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Buffet-mania
And no, I'm
not talking about Jimmy Buffet but the Oracle of Omaha himself. The
annual shareholder meeting for Berkshire Hathaway, Warren Buffet's main
holding company, was held last weekend and it led to the usual
Buffet-mania:
A
Back to Basics Weekend With Warren Buffet. Opening quote:
"If you have a 150 I.Q., sell 30 points to someone else. You need to
be smart, but not a genius."
Is
Warren Buffet Brilliant or Lucky? Answer: A little bit of both.
Here's the
Story on Berkshire's Munger. Learn all about Warren's 85-year-old
partner, Charlie Munger.
While we're
not stock pickers like Buffet, we do have at least one thing in common:
an abiding faith in the virtues of value investing.
Quote
of the Week
"Wall
Street needs to recognize that its proper role is, as it has been in the
past, to follow the real economy, rather than trying to drive it. During
the housing bubble, the financial sector essentially tried to create
reality. Now's the time for it to respond to reality instead."
James
Surowiecki writing in the New
Yorker
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