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Monday, October 26, 2009
The Dollar Is Dying a Slow Death, Says Niall Ascent of Money Ferguson
"It's clear where we're headed," says Niall Ferguson, author of The Ascent of Money. "Ten years from now there will be more than one international reserve currency," he tells Tech Ticker.
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US Dollar
The Days of Buy and Hold Are Over, Says John Mauldin
Mauldin, who writes the Thoughts from the Frontline e-letter, does think there's money to be made in real estate. With prices so depressed in many markets, he says buying property on the cheap and renting it "is a prescription for making money."
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Real Estate
tLittle Room for Error in Sock Market, Value Manager Says
"A year ago there was value everywhere, now we're having a hard time finding ideas," says Abhay Deshpande, who oversees more than $20 billion as a portfolio manager for First Eagle Funds, including the U.S. Value, Overseas and Global funds, which are up 19.5% and 28% in the past year, respectively.
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Sock Market
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