Daily Markets - Is Obama Clueless About The Economy, Stock Markets And Business?

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Is Obama Clueless About The Economy, Stock Markets And Business? Posted: 12 Sep 2010 11:01 AM PDT On Labor Day, President Obama announced a new $50-billion infrastructure plan next year as a way of a second stimulus for job creations as well as for the faltering economic recovery. However, the plan is expected to be met with strong opposition in the midst of a mid-term election, while many economists are skeptical as to any swift effect it could have on America’s $14.3 trillion economy, as well as the troubling labor market. So, in light of the fact that the Democrats are … [visit site to read more]

Seth Klarman Interview With Jason Zweig Posted: 12 Sep 2010 10:04 AM PDT Seth Klarman rarely speaks, and when he does he usually uses his words sparingly. Seth Klarman was interview by Jason Zweig of the WSJ several months ago. The full transcript was not available until yesterday. Thanks to Whitney Tilson I was able to get a copy of the full interview. If you want to hear from one of the greatest investors ever read the whole interview. Klarman discusses financial reform, his views on inflation, recommended books, value investing, and how he manages his $20 billion … [visit site to read more]

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