This and That: Hunters becoming the hunted edition

1. Derek DeCloet notes the plight of erstwhile acquirers of Canadian public companies — Xstrata, Rio Tinto etc. — and says Canadians will be glad to buy them back for a fraction of the acquired price.
2. With stock markets relentlessly falling (again), some investors seem to be making rash bets. Jason Zweig cautions against making the investment equivalent of a “Hail Mary” pass.
3. Mark Hulbert reports on a new study that shows that after accurately accounting for transaction costs, taxes, management and performance fees, it is hard, if not impossible, to justify active management for individual, taxable investors.
4. Larry MacDonald blogged about his chat with Richard Deaves, a finance professor and author of What Kind of Investor Are You?
5. Michael James finds it silly that a Wired magazine article (found here) blamed math as the root cause of the current credit problems.
6. Preet continues the discussion on fee-only versus fee-based.
7. Thicken My Wallet suggests checking your credit card statement for any premiums for credit balance insurance that you may not know you have.
8. I haven’t even gotten around to opening a TFSA account yet. Four Pillars, on the other hand, is already thinking about TFSA transfer strategies!
9. Million Dollar Journey featured a review of Pilgrimage to Warren Buffet’s Omaha and is giving away a copy of the book. You may also want to check out the author’s brilliant blog titled Jeff Matthews is not making this up.
10. Canadian Financial Stuff digs up an interesting video from the National Film Board on the Mississippi bubble.

Have a great weekend everyone!