Bogle: Play Through The Recession

Vanguard founder John Bogle is the subject of a Q&A with the Associated Press. Nothing really new here except that the story's headline plays up the fact that the indexing pioneer seems to think that the recession could last 18 months to two years before things get better.

But the gist of the icon's comments is basically to play through the downturn, no matter how long it lasts. Bogle actually makes a pretty good argument for using such downdrafts to buy shares of the indexes you like at lower costs. Smart investors can wind up benefitting in the long run from such periods if they remain disciplined and focused, according to Bogle.

Have you ever read anything you didn't like from this guy? Check out the article here.

 

PIMCO A Key Player In Bailout Plan For Automakers?

General Motors may ask unsecured debt holders

...

Earlier in February we at Election Stocks covered the FDA’s regulation of the tobacco market and considered whether or not it would be beneficial to tobacco companies. Now Christopher Atayan from TheStreet.com writes in correspondence with our own Jeff Miller: Philip Morris is supporting the FDA regulation of tobacco because they believe it will freeze their market share at the current levels. RJ Reynolds is adamantly against it for practical reasons. I was at a recent RJ Reynolds customer event and they gave a very illuminating presentation on this issue and ramifications. Remember in the event the FDA does get control of tobacco they can oestensibly declare the product off the market any time they want. Or in the case of Lorillard they can declare menthol not an allowed product.That ability to decree an industry and company out of business is ...

James Altucher of TheStreet.com believes 7 Chinese stocks will double in the near future.  Track the Pros has the picks and tracks them:

http://trackthepros.com/

COGO

EJ

SNDA

ADTH

GA

CPSL

CBAK

I have read this in multiple places but am on the lookout for ‘contagion’ plays from the mortgage fallout. This is an interesting one titled “Will Mortgage Collapse Hurt Web Ads?”

Some interesting points:

- Financial advertisers account for more than a third of all web advertising, and as the plunging share prices of investment banks clearly demonstrate, the mortgage crisis is affecting a lot more than the mortgage sector.
- Half of the top 10 were mortgage or credit-related marketers