Easy Change

Consuelo Mack: Wealthtrack is fast becoming one of my favorite shows to watch on the weekend. This weekend, Consuelo had on David Einhorn from Greenlight Capital, a firm that made its name by shorting large firms during the fiscal crisis and made a killing doing so. Greenlight Capital is a hedge fund, and its investors have been quite happy with the returns. But while he is known for being short, Greenlight capital is about 1.5 long versus 1.0 long in terms of a mix of investments. As for Quantitative Easing, Einhorn referenced the fact that the Fed is targeting inflation, but notes that there is a problem with it. The problem is that the inflation might come, but not where you expect it to. It may come in clothing, energy, food etc. These would be things that everyone needs, not things that are real luxury-type items that people are looking for to increase demand. On Gold, to Einhorn, Gold is money. "The merit of gold is that given [the current crisis] is how we want our assets d...

So on friday, I went to see Suze Orman at a book signing/talk in boston. I had a great time and it was fun to meet Suze in person. Her book about women and money seemed to resonate with quite a few people in the audience; my mom is a big fan of Suze and has really started getting her finances in order as a result of reading Suze's books and watching her show. It appears that Suze has changed her mind at this book in that she now believes that there are some fundamentally different things about how men and women handle money. I find this concept interesting but not *always* true. I like many of the ideas in her new book though and I think that men and women could both often benefit from the advice Suze gives when it comes to money. And the concepts in this book are really no exception, in my opinion. Sure, most guys are probably not as "touchy-feely" and emotional about money as women are. But that doesn't mean that some of the same concepts cannot be applied. One conc...