- 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.
- 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.
- 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.
- Larry MacDonald blogged about his chat with Richard Deaves, a finance professor and author of What Kind of Investor Are You?
- Michael James finds it silly that a Wired magazine article (found here) blamed math as the root cause of the current credit problems.
- Preet continues the discussion on fee-only versus fee-based.
- Thicken My Wallet suggests checking your credit card statement for any premiums for credit balance insurance that you may not know you have.
- 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!
- 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.
- Canadian Financial Stuff digs up an interesting video from the National Film Board on the Mississippi bubble.
Have a great weekend everyone!