A great chart which explains why you can have a bull market without retail investor interest.Amazed to know that S&P 500 equity is shrinking by 3% every year due to buybacks.
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Day: September 12, 2012
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The Common Chairman
“All 500 S&P companies have the same chairman and his name is Ben Bernanke,” says Jurrien Timmer of the Fidelity Global Strategies Fund.
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Linkfest:Sept 12, 2012
Some stuff I am reading today morning:
VA Tech Wabag a beneficiary of a mega trend (Bloomberg)
Interesting observation on open offers (NeerajMarathe)
Stock talk on Cera Sanityware (SafalNiveshak)
Michael Lewis profile of Barack Obama (VanityFair)
End of alpha spells trouble for fund managers (FT)
John Paulson is the most resourceful fund manager (DealBreaker)
Sensible investors doing boring stuff (Abnormalreturns)