Where Bank Regulators Go to Get Rich – Bloomberg 04-07-13

Salient to Investors: William D. Cohan writes: Mary Schapiro, the former chairman of the SEC is joining a firm loaded with former government financial-services regulators. Schapiro previously ran FINRA, Wall Street’s self-appointed watchdog. Alan Blinder at Princeton is a co-founder of Promontory Interfinancial Network which offers Insured Cash Sweep, which splits large deposits into

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New Critical Warning as 2013 shocker looms – MarketWatch 03-25-13

Salient to Investors: Paul Farrell writes: We are at a market top and an economic turning point. Bernanke’s non-stop cheap-and-easy-money printing presses are loved by Wall Street banks but are bad for the rest of America. His reappointment – certain to become Obama’s greatest domestic blunder – so shocked Nassim Taleb

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Ken Heebner Bets 21% of His Stock Fund Against Treasuries – February 26 2013

Salient to Investors: Kenneth Heebner at the CGM Focus Fund has bet 21 percent of his find on a decline in U.S. Treasuries as the growing US economy eventually prompts the Fed to boost interest rates. At the end of 2012, the fund was 29 percent invested in banks, 24 percent in homebuilders. Heebner said

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You Are All Soft! Embrace Chaos! – New York Times 12-16-12

Salient to Investors: Nassim Nicholas Taleb says: Black Swan effects are necessarily increasing as a result of complexity, interdependence between parts, globalization, and the efficiency that makes people sail too close to the wind. We must make our public and private lives less vulnerable to randomness and chaos, but also “antifragile” — positioned to

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Nassim Nicholas Taleb: The future will not be cool – Salon.com 12-01-12

Salient to Investors: Nassim Taleb writes:   (Excerpted from “Antifragile: Things That Gain From Disorder”) Imagining future technologies is unpredictable and won’t be the ones that make it. The futuristic projections made throughout the past 150 years by Jules Verne, H. G. Wells, George Orwell and other scientists and futurists are not tools

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Nassim Taleb’s New Book Explains Why Governments Always Miss Their Own Budget Targets – Business Insider 10-19-12

Salient to Investors: Nassim Taleb says there’s a simple mathematical basis for why governments continually miss their deficit targets. The problem is that the economic data forecasts the government uses are taken as a given and not looked at as mere probable likelihoods. The government tends to underestimate the damage when things get worse

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