There was a reader Q&A this Wednesday morning on the Washington Post site with business columnist Steven Pearlstein, who won a Pulitzer for his 2007 coverage of the financial crisis and has continued to write great stuff (via Romenesko). I link to it mainly because I’m getting asked more questions these days than I can [...]
A bunch of value investors got together at Columbia University today for the annual celebration of Graham and Dodd—those Columbia B school profs who wrote the 1934 tome Security Analysis and inspired generations of investors (Warren Buffet among them) with the philosophy that the way to make money is to buy good companies on the [...]
Regular readers of this blog are aware that I’m extremely dubious of the argument that the 1999 repeal of the Glass-Steagall Act, which separated banks from securities firms, is to blame for today’s financial crisis. But it keeps coming up, so let me try to smack it down again. First, I think it’s fair to [...]
