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Daily Archives: October 21, 2008

You Think You’ve Been Hit hard?

October 21, 2008
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No matter how bad things get, there’s always someone who’s even worse off than you.  And because we’re all human, we can’t help but take a little comfort in that. I just read a story that may make you feel a little better about the losses that the stock market has handed you in the last year or so.  It concerns the giant Chinese aluminum company called (appropriately enough) Aluminum Corporation of China (ACH), although its friends just call it Chinalco. Lots of Chinese companies, especially the state-owned ones, have been working hard to get control of the resources...

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Reconciling Growth and Value Investing

October 21, 2008
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You may be the kind of person who automatically genuflects when the name Warren Buffett is mentioned, or not.  My opinion of him has varied over the years.  In my youth, I just couldn’t understand why someone who obviously doesn’t care about money would devote his life to making more of it.  These days, knowing how little he is leaving to his family members and how little he even cares about which philanthropies will benefit from his wealth, I think I understand him a little better. Not that you asked, but here’s what I think is behind Warren Buffett’s...

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Frugal living

October 21, 2008
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While the market was up a little more than 400 points yesterday, it still has a ways to go before it recovers completely. And there’s no denying that our economy is still hurting. Here are some tips to living a more frugal life during the economic downturn.

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