Wednesday, November 15, 2006

Again --- up

The markets are up solidly today, Wednesday 11/15/06 and 1:42 PM

You should know my rap on it by now --- long boom, careful, invest when you are young, diversify.

Following that course is likely to yield riches you never dreamed you'd own.

Ben

1 Comments:

Anonymous Anonymous said...

Good news about the markets being up. But I think our markets are slowly losing their competitiveness. Exchanges in Hong Kong and London have outpaced New York for international IPO offerings. Six years ago 60% of all international IPOs were listed in New York. That number today is 6%. Not a good statistic at all. Could it be laws like Sarbanes-Oxley? Even Nancy Pelosi thinks it's gone way too far. All I can say is that it's pretty sad when an outpost in Communist China is getting more IPOs than New York.

November 15, 2006  

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