What have David Rosenberg and Seth Klarman got in common? Diddly squat as far as I know, except they wrote the best two things I’ve read in the last few days.

This excellent article exemplifies a style of fusion investing, the fusion of business momentum and value.

Flexibility in the Market is the secret to market timing.

And Now for Something Completely Different
I’ve been inspired to discuss my future views by Pazzomundo’s post on the evolution of media. By the way if you’re interested in big picture economics, commodities and trading then pazzomundo is worth adding to your reading list. I’m not hugely interested in those topics, but I do like to know what people investing from that perspective are thinking.
OK lets dive in. Make sure you place any drinks, bowls of cereal or the like out of harms way. I’d hate you to splatter your screen due to either …

Too often I embrace introspection and self-doubt. I wish I could embrace the good things.

Simple Path to Wealth & Investing vs Working

It is essential to understand and more importantly appreciate the power of compounding to fully grasp the cost of something, whether it’s a service or software or a one off-cost. Christina from SMSF Investment Strategies left a comment on my Preparing your own Self Managed Super Fund (SMSF) Tax post that she thought you had to use software like BGL’s Simple Fund to prepare your accounts and tax. That reminded me why I choose not to use BGL or any other paid software for my SMSF accounts. The short answer …

Try not to let the consequences of being wrong be ruinous. Concentrate your investments as Bruce Berkowitz does. ECRI says a strong recovery is already underway. So as usual the market leads the way by is 6-9 months.

“Consciousness is said to be a field; a plot of land in which every kind of seed has been planted – seeds of suffering, happiness, joy, sorrow, fear, anger, and hope. The quality of our life depends on which of these seeds we water. The practice of mindfulness is to recognize each seed as it sprouts, and to water the most wholesome seeds whenever possible.” Thich Nhat Hanh

As a child I always wondered why my father and his friends were not running the country. I couldn’t understand why dad wasn’t the coach of the All Blacks or why all referees were vision impaired idiots who did not know the rules. I was puzzled why only imbeciles were elected to run the country. My dad and his friends clearly knew better than all the coaches and politicians, their eyesight and in-depth knowledge of the rules of most sports were better than any referee. My dad and his friends knew how to fix the country and right all the wrongs. Why would no-one listen to them?