Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM Thursday, January 5, 2006: You've
got to own International stocks. They will do better in 2006 than domestic stocks
-- just as they did better in 2005. I can't pick international stocks, yet.
But I can pick international funds. Last night I bought two Vanguard Funds:
International stock index fund (VGTSX). It allocates 58% to Europe, 28%
to the Pacific rim, and 14% to emerging markets. In 2005, it was up 15.6%.
For the past three years, it's been up 25.1% a year.
2. The Pacific Stock Index Fund Admiral Shares (VPADX). Its ten biggest
holdings are Toyota, Mizuho Financial, Mitsubishi UFJ Financial, BHP Billiton,
Takeda Pharmaceutical, Sumitomo Mitsui Financial, Honda Motor, Canon, Matsushita
Electric and the Commonwealth Bank of Australia. Last year it was up 22.7%.
Over the past three years it's averaged 26.5% a year.
also own two other Vanguard Funds -- the Vanguard International Value Fund
(VTRIX) and the Vanguard Mid-Cap Index Fund Admiral Shares (VIMAX).
Both are showing handsome gains. I started with both in September.
Vanguard funds are ideas of my brilliant son, Michael. After his Greenfield
disaster, the quality of his investment ideas has greatly improved. It's amazing
what experience teaches.
Vision hits new high. I said Insite would hit $1 by the end of the
year. I missed it by a few days. It went above $1 yesterday. It will go higher.
to survive on a bicycle: I ride around Manhattan on a folding
bicycle made by Bike Friday (click here).
It looks like this,
except mine is yellow. My bike has six benefits:
1. It's the fastest way around Manhattan.
2. I can take it into most buildings, because it folds.
3. I can take it on the subway and get to tennis which is outside Manhattan.
4. If it rains, I can fold it and easily stuff it into a taxi's trunk.
5. When I ride it, I get free exercise.
6. BikeFriday, the company, gives great service.
I meet a lot of bikers and have seen a lot of accidents. Most Manhattan bikers
don't wear helmets. That's dumb. Most don't have these three critical safety
This is called a Third Eye BarEnd mirror. It slides into your handlebars. Bingo,
you can see what's coming behind you. Think of driving a car without three rear
mirrors. That's how most bicyclists get around. Dumb! I have two of them, one
on each side. $12 from LLBean. Click
This is a VistaLite 5-LCD, two AA battery rear flashing light. This is a big
mother. You will be seen. Most bicyclists are invisible at night. $13
for two of them. Click
This is a $20 Niterider NR-10 Fazer Light. Make it flash. Anyone coming your
way will not miss you. Click
Visa credit card expires in 2007. Yesterday
I bought something by fibbing to them that it expired five years later -- in
2012. It worked. This is great news for all the accounts I pay automatically
by credit -- phone, cable TV, gas, electricity. I won't get cut off every three
years -- but only every eight or nine years. I bet there's no limit. I'm going
to buy something today on-line and give them an expiration date of 2020 and
see what happens. I bet it'll go through.
the movie, raises questions. Lots of people
don't like the movie Munich because it shows Jews as "morally conflicted"
about assassinating the bad guys. The Jerusalem Post this week ends a
review of the movie:
Personally, I still
think it's one of the best movies I've ever seen. For the full Jerusalem Post
is by no means an anti-Zionist film, Munich punctures the contention, popular
in the Jewish community, that Israel has brought nothing but unadulterated
goodness to the Jewish experience. While defending both Israel's right to
exist and its response to terror, and while plainly indicating that violence
has been thrust upon Israel by its enemies, the film nonetheless concedes
the human toll that a lifetime of violence has begotten both on the individual
and on the Jewish nation.
We are in a
sad state of affairs if, almost 60 years after the creation of Israel, we
must banish this topic as taboo and deny discussion of our all-too-human experiences
of pain and moral doubt.
poor weather, blamed as usual.
Saturday morning I got up early, put on my
long johns, dressed quietly, made my lunch, grabbed the dog, slipped quietly
into the garage to hook the boat up to the truck, and proceeded to back out
into a torrential downpour.
There was snow
mixed with the rain, and the wind was blowing 50 mph. I pulled back into the
garage, turned on the radio, and discovered that the weather would be bad throughout
I went back into
the house, quietly undressed, and slipped back into bed. There I cuddled up
to my wife's back, now with a different anticipation, and whispered, "The
weather out there is terrible."
She sleepily replied,
"Can you believe my stupid husband is out fishing in that weather."
+ Munich, the movie. A must-see. Click
+ Identity Theft precautions. Click
+ Dumb reasons we hold losing stocks. Click
+ How my private equity fund is doing. Click
+ Blackstone private equity funds. Click
+ Manhattan Pharmaceuticals: Click
+ NovaDel Biosciences appeals. Click
+ Hana Biosciences appeals. Click
+ All turned on by biotech. Click
+ Steve Jobs Commencement Address. The text is available:
Click here. The full audio is available. Click
+ The March of the Penguins, an exquisite movie. Click
+ When to sell stocks. Click
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
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