Invest now – but only in quality businesses

Linked in just raised US$76m from some strategic investors, while over in Western Australia Tanami Gold grabbed AU$12m from almost all exisiting shareholders. In Canada vBrick systems got $11.9m – they make enterprise video systems, and managed to get Menlo Ventures and Morgan Stanley on board, amongst others. China is also showing life, with Intel […]

Back from judgement day. Whew.

A little while back my US portfolio got whacked – it was judgment day. But while the volatility of the US stock market took its toll, the positions I held are now coming through, and the portfolio is  essentially back to where it was a few weeks ago. That’s when the Citibank short position and […]

If nobody owns your mortgage note then you are in luck

It seemed like a great idea at the time. Sign folk up to mortgages, sell the mortgages to another financial player who then bundles the mortgage with thousands of others and sells various risk based slices. It failed in three different ways – two of which we know about, but one which is just emerging. […]

Half year Portfolio update

so – am I following Baupost‘s advice in my own investments? I try to. It pays to be reminded again and again though, as like most people investing is a very part time game for me. But I’m happy about some of my decisions, like my short position on EQR, which I regard as vastly […]

The WWDC Apple show – how it got so big

It’s the annual Steve Jobs speech at the WWDC – (Word Wide Developer Conference) on Monday morning US Pacific time. While we wait for the new iPhone, Snow Leopard and a host of other rumours, check out the history of Steve’s “just one more thing..” at his WWDC speeches. That link (do check it out)  […]