- In the history of bubbles, the recent folly in Iceland will get prominent mention. In a Vanity Fair article, Michael Lewis writes about how a tiny nation famous for glaciers, hot springs and volcanoes became in effect a giant hedge fund employing huge leverage with familiar results. I found the link through the Stingy Investor website.
- With many investor portfolios reeling from the stock market slump a lot of blame (whether real or imagined) is directed towards financial advisors. This New York Times article describes what clients should (and shouldn’t) expect from their advisors.
- Larry MacDonald shares some tips for toughing out the market turmoil.
- Canadian Banks & Insurance blog posted analyst comments on the quarterly earnings from our big banks: Bank of Nova Scotia, Bank of Montreal, TD Bank, CIBC and Royal Bank.
- Michael James discusses Warren Buffett’s solution for preventing a repeat of the mortgage crisis.
- Million Dollar Journey has a frugal tip: Sleep on it!
- Preet posted an interesting chart of long-term stock returns that shows how much of an outlier 2008 was.
- Gail Vaz-Oxlade has a no-nonsense take on the economic turmoil.
- Financial Highway is doing a series of posts on the basics of financial planning.
- Dividend Growth Investor has a way to invest in the stock market with no risk!