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Buffett's Secret to Become Rich In her excellent biography on Warren Buffett entitled "The Snowball", Alice Schroeder finally reveals the secret behind the success of multi-billionaire from Omaha! His...

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The Subtleties of the P/E Ratio The price / earnings ratio is probably the most famous and most used financial ratio in the investment world. It is calculated by dividing the price of a stock by its earnings...

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Fortress Paper 1. Description Fortress Paper (FTP - TSX) is a Vancouver company that specializes in the production of security papers (banknotes, passports, visas) and non-woven wallpaper...

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The Thirties The high government debt load and monster budget deficit  are scaring many people right now. This is unquestionably the number one fear of investors and the argument most...

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Warren Buffett and You Warren Buffett has bought a few weeks ago all the remaining shares of the Burlington Northern Santa Fe Railroad that it did not already own. As we could expect, stocks of...

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No, Warren Buffett wouldn't buy RIM

The Thirties

Posted on : 12-01-2010 | By : Philippe Rancourt | In : History of Capitalism

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The high government debt load and monster budget deficit  are scaring many people right now. This is unquestionably the number one fear of investors and the argument most often invoked to justify an imminent fall of the stock market. For a lot of people, it is completely illogical to have used excessive debt to fight a crisis caused by… excessive debt ! They said it would have been better to purge capitalism by allowing irresponsible companies and individuals to go bankrupt.