The News Review:
- Pension stock loss may be lesson
- Stock Pros Who Survived the Depression
- ‘Investing Techniques & Strategies’
- Group: Vanguard misled on investing
Pension stock loss may be lesson
Boston Globe
After the National Railroad Retirement Investment Trust initially made healthy gains by investing in the stock market it was hailed by some lawmakers as a model for how to save Social Security – either by investing part of the Social Security trust fund in stocks or by creating private accounts and giving individuals a chance to do the same. Senator Chuck Grassley of Iowa at that time the Republican chairman of the Senate Finance Committee was quoted in 2005 as saying that Congress should consider putting part of the Social Security trust fund into stocks “based upon the success of the railroad retirement fund. ” Many other members of Congress made similar comments and then-President Bush launched an un successful campaign to give people the power to invest portions of their own Social Security funds in the stock market. But since the end of 2007 the railroad fund’s returns have crashed. The fund which had previously been restricted by the government to investing in Treasury securities put its assets into everything from foreign stocks to real estate to “opportunistic” investments.
Stock Pros Who Survived the Depression
Wall Street Journal
As pundits half their age dominate the airwaves with prognostications on whether the next Great Depression is just around the corner a small group of overlooked folks who not just lived through it but worked through it — on Wall Street — are still here. What’s more they’re still at it running their own sizable portfolios and in a few cases managing money for clients. Despite innumerable bull and bear markets 17 presidents and countless economic policies they’ve remained remarkably true to their investing philosophy. They’ve also remained remarkably true to their methods: Forget BlackBerrys; most of them hardly touch their desktop computers. And you won’t find CNBC blaring in their offices throughout the day; that’s more noise than news to these gentlemen. Instead you’ll find stacks of reading material (these guys actually read a firm’s annual report before investing) and a lot of old-fashioned.
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‘Investing Techniques & Strategies’
MaineToday.com
Maine Fort Kent Campus 23 University Drive Fort KentCost: Category: BusinessDescription: 6:00 PM Charles D. KirkpatrickTHIS EVENT IS N APRIL 21 NT APRIL 22. The University of Maine at Fort Kent’s student Investment Club and Assistant Professor of Business Leo Trudel are pleased to welcome Charles D. Kirkpatrick to campus. ver the past 25 years Charles D. Kirkpatrick’s investment techniques have outperformed the S&P 500 by a whopping 7.
Group: Vanguard misled on investing
Boston Globe
have recommended shareholders reject the motions because they already had adopted a “substantially identical” policy. Cohen singled out investment in PetroChina by the $6. 41 billion Vanguard Emerging Markets Stock Index fund. It increased its stake in PetroChina to 155. 7 million shares as of Jan.