IBM Computer, Laptops and Servers

Before I began work on this post, I had never really thought about mutual fund ratings. And we talked about the articles and the other posts. But for me the post would be in a pleasant plight.

Long story short, let's see this one.

I really am glad that it is Saturday. Rarely have I enjoyed the market not being open as today. Seriously. But with a moment to ponder the next move for equities I wanted to share with you a resource that a good friend showed me some years back and has become a mainstay for my thinking on stocks. Morningstar Normally we associate Morningstar with their famous mutual fund ratings. But it is possible to use this website, which offers many free services, for taking a closer look at a stock ..read more.

The synthesis of the idea of mutual fund ratings dominated early news:

Many ordinary Americans might be wondering why there is so much fuss over the fate of bond insurers, despite the widespread recognition that many seem to be careening towards insolvency. If people only hold what they believe are safe money market funds and municipal bonds or they have their money in a bank CD, how can the troubles in this little corner of the financial universe possibly hurt them? Well, the answer is that these firms were allowed -- encouraged -- to play a growing and ..».

It is just getting started:

Attention conservation notice: 1,500 words, trying to put together in a messy way all my guesses about the subprime collapse, mixed in with the little bit I know about economics and statistics. Likely to be valuable only to those who enjoy watching elephants draw with crayons. Paper Of The Moment is the above-named, by Brad DeLong et al. I picked up the recommendation via Richard Thaler's excellent and very readable paper on "The Law of One Price in Financial Markets". Thaler has made ..>>.

Sometimes, I get the impression at the last moment.