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Food for Thought

Food for Thought. Thoughtful debate and insightful observations/ commentary on actions/events in financial markets, investments, societies, and governments around the world that impact our lives. Also Oxstone Team’s Global Investment Commentary and Best Investment Ideas.

Dow, S&P 500 end at five-year highs on early earnings beats

(Reuters) – The Dow and S&P 500 closed at five-year highs on Friday as the market registered a third straight […]

Heirs of Mao’s Comrades Rise as New Capitalist Nobility

Lying in a Beijing military hospital in 1990, General Wang Zhen told a visitor he felt betrayed. Decades after he […]

Will National Legalized Marijuana Help or Hurt Big Pharma, Tobacco and Alcohol?

On December 7, marijuana became legal in the state of Washington, adding to the list of states that have moved […]

Simplify Your Portfolio

Years ago, just after the fall of the Iron Curtain, a joke was making the rounds regarding a recent immigrant […]

Writing Down Goodwill

Back in November when it released its fourth quarter results, computer giant Hewlett-Packard announced that it would be taking an […]

One-on-One with Henry Kissinger

It’s difficult to know how to assess Henry Kissinger. During a recent visit to Columbia Business School to receive the […]

US Home Prices Surge Despite Distress

By Diana Olick | CNBC   For nine straight months, national home prices have been in the positive, and the […]

Making Buffett’s Alpha Your Own

From http://seekingalpha.com/article/1107001-making-buffett-s-alpha-your-own Much has been written about Warren Buffett’s investment acumen and philosophy. After all, the Oracle of Omaha’s personal […]

Byron Wien Announces “The Ten Surprises” for 2013

By Prieur du Plessis, from investmentpostcards, Byron Wien, Vice Chairman of Blackstone (BX 16.76 ↑1.82%) Advisory Partners, yesterday issued his list […]

Amazon’s Jeff Bezos Doesn’t Care About Profit Margins

  By Businessweek- http://www.businessweek.com/articles/2013-01-08/amazons-jeff-bezos-doesnt-care-about-profit-margins#r=hpt-ls January in retail is a little bit like the off-season of a professional sports league. Teams dust themselves off […]