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Why I don’t like Gold as long term investments?

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The Gold has been doing very well lately, partly due to the depreciation of dollar, partly due to the fear of inflation, and last but not least, due to speculation. I think this Yahoo Tech-ticker interview explained why I don’t like Gold as long term investments very well. More importantly, it suggested alternative investments for gold.

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Ruth’s Chris Steak House

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My old friend, high end restaurant with family appeal, and a legendary founder (company web site). I traded it (Nasdaq:RUTH) back in 2005 shortly after its IPO. Obviously with the recession, high end was hurt badly, RUTH was no exception. To make matter worse, RUTH bought a seafood chain in early 2008 using debt. The company changed name to Ruth’s Hospitality Group to reflect the broadening of offerings. The following is a profile video of RUTH.

Valuation calculation done on a napkin:

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Eliot Spitzer also endorses index fund

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Hmm, interesting. Note Eliot is not licensed financial advisor. But many investing gurus (including Warren Buffett, John Bogle, Yale endowment fund head David Swensen) said index is the way to go for individual investors who don’t have time or don’t want to spend time to do own research.

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WealthTrack

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I found this program when doing research for Huntsman (NYSE:HUN). I found value investor Jean Marie Eveillard has a little of Huntsman stocks at gurufocus. Noticed there are some video clips for Jean Eveillard in this gurufocus web page, including one from YouTube.

So I looked around and found this program.

WealthTrack Podcast
Here is the web site: www.wealthtrack.com

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Remembering July 5

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(Update July 9) A personal story written by NY Times reporter Edward Wong.

(Original) This is Sept. 11 for China. July 5, Urumqi (Capital city of Xinjiang, China), 9-11 style attack happened to innocent people walking on the street, students/workers on the way to home, shop owners attending their customers,… were beaten and some are even killed by some well organized terrorists. I don’t have all the details yet, but the following video from Youtube offers a glimpse of the situation. Warning: some scene are bloody, exercise caution/judgement when watching.

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