Harry Newton's In Search of The Perfect Investment
Technology Investor. Harry Newton
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9:00 AM EST, Monday, February 9, 2009. Well,
that was super brilliant. I did something to my right arm. Now I can barely
move it. The lesson is don't aggressively do something you're not used to.
I caused this mess by too aggressively mopping the floor. That's my version.
My wife's version is 65-year olds shouldn't play 3 1/2 hours of aggressive
singles tennis after watching Nadal.
This
is a really good magazine:
Two articles
worth reading: Madoff's
Mayhem. You'll learn how all the feeder funds ignored signs of naughtiness
(chiefly front-running) because of the huge fees they received -- 1% of the
total and 20% of the gains each year. Fees. Wall Street is all about fees.
And Mack
Fights Back. You and I gave money to save Morgan Stanley. You'll be
pleased to know that the man who got Morgan Stanley into much of the mess
it's in is still running the company and doing basically the same stupid things
that got it into trouble the first time. And we're paying for this!
Slept in because
of arm. Tomorrow will be better.
This column is about my personal search for the perfect
investment. I don't give investment advice. For that you have to be registered
with regulatory authorities, which I am not. I am a reporter and an investor.
I make my daily column -- Monday through Friday -- freely available for three
reasons: Writing is good for sorting things out in my brain. Second, the column
is research for a book I'm writing called "In Search of the Perfect
Investment." Third, I encourage my readers to send me their ideas,
concerns and experiences. That way we can all learn together. My email address
is . You can't
click on my email address. You have to re-type it . This protects me from
software scanning the Internet for email addresses to spam. I have no role
in choosing the Google ads on this site. Thus I cannot endorse, though some
look interesting. If you click on a link, Google may send me money. Please
note I'm not suggesting you do. That money, if there is any, may help pay
Michael's business school tuition. Read more about Google AdSense,
click
here and here.
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