The Stingy News Weekly (02/23/01)
The Markets This Week
DOW 30: 10,441.9 -3.31% to a P/E of 25.3
TSE 300: 8,028.8 -4.34% to a P/E of 20.5
The markets continued lower this week with Nortel closing below $20 US. The TSE 300 has now declined 30% from its high. Yikes.
On the upside, there has been a stealth bull market in many securities despite the sell off. For instance, last year smart investors ditched their tech stocks for the banks. Naturally, such a decision would have been heretical at the time.
Berkshire Hathaway's Other Half
An interview with the author of the new book about Warren's shadow. The book is called "Damn Right: Behind the Scenes With Berkshire Billionaire Charlie Munger".
Are Dividends Passe?
These authors answer with a resounding no.
What Does Warren Buffett Know That You Don't?
A discussion of some of Warren's picks from late last year.
Five Myths about Value Investing
The author claims that Philip Morris was a value stock when it traded at a P/E of over 20. I suspect that Graham would have disagreed.
Can't Keep a Good Day Trader Down
A story of day traders that are still alive and well after all the NASDAQ carnage.
The trivia questions this week are:
The trivia questions and answers from last week are:
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