» Posted by Martin Weil on March 25, 2006

Somehow I missed this interview in December's Fortune with Richard Rainwater, arguably one of the the country's most astute investors. Money quote "Richard Rainwater doesn't want to sound like a kook. But he's about as worried as a happily married guy with more than $2 billion and a home in Pebble Beach can get. Americans are "in the kind of trouble people shouldn't find themselves in.""

Not recommended for bedtime reading.

» Posted by Martin Weil on March 13, 2006

84 percent of new car sales in China are to first-time buyers. In the U.S., just 1 percent are.

So reports Business Week in its current issue. Thanks to Marginal Revolution for the tip,

» Posted by Martin Weil on March 04, 2006

Newsweek magazine cuts to the chase with 3 questions to ask your financial professional:

1. Is my account an advisory account or a brokerage account?
2. Do you acknowledge a fiduciary responsibility to act in my best interest?
3. Will you disclose all conflicts of interest?

» Posted by Martin Weil on March 01, 2006

When leaving Detroit and traveling due south, what is the first country you come to?

Jason Zweig, in this classic 2004 article, examines typical investor errors, including the most dangerous of all, overconfidence. Zweig writes "Intelligent investors accept not just the possibility but the certainty that they will be wrong much of the time."

For the answer to the question above, click on the link below.