Nick rocks!  He’s a college student and a Rule One investor.  We just met at the Value Investing Congress in New York.  Princeton should be proud.  He is excited about a couple of the pitches we heard.  I agree with him about Fortune and MSFT and hope he digs in and posts here.  I’ll front [...]

The blog “AVC,” which is written by venture capitalist Fred Wilson, principal of Union Square Ventures, has a helpful — though ultimately incomplete — post about working capital financing for small and midsize firms. The post gives us a simple definition of what working capital is (current assets minus current liabilities), and to illustrate when [...]

Streets Paved with Gold… or Silver? Global inflation and market uncertainty in 2011 have resulted in a dramatic rise in the price of precious metals, with gold and silver reaching fresh highs this week. But which is the better investment? In Monday-morning trading this week, gold prices hit an unprecedented $1518 per ounce, while the [...]

The Lowest Mortgage Rate in Decades Homeowners are today missing out on some the lowest fixed mortgage rate deals available in the last twenty four years. On the 9th March 2009 the Bank of England first reduced the base rate to 0.5% where it has remained for the last 31 months and homeowners have become [...]

The IRS has extended the deadline for filing documents under the Offshore Voluntary Disclosure Initiative (OVDI) until September 9, 2011 from the original Aug. 31st deadline. This is a welcome relief for those tax attorneys , and CPAs who have been trying to crank out OVDI disclosures documents by Wednesday. The IRS has also severely [...]

Huhne: Energy bill increase is ‘inevitable’ outcome of govt overhaul An increase in energy bills is “inevitable” because of government changes to Britain’s power supply, Energy and Climate Change Secretary Chris Huhne has said. Read more…