Interesting book by Martin J. Whitman and Martin Shubik: The Aggressive Conservative Investor
You can get a taste of Whitman's writings from his
shareholder letters.
See Marty Whitman talking about his investment philosophy.
Partner Site
Wednesday, July 18, 2007
Tuesday, July 17, 2007
ETF Providers
Europe's Top ETF Providers
Source: Schweizer Bank magazine, June 2007
Manager | AUM (Bia $) | Change p.a. % | Market share % | Change p.a. % |
Lyxor Asset Management | 22.31 | 73.7 | 24.9 | 1.5 |
Barclays Global Investors | 21.97 | 76.2 | 24.5 | 1.5 |
IndEXchange AG | 21.26 | 70.9 | 23.9 | 1.1 |
AXA/BNP | 5.57 | 128.1 | 6.2 | 1.8 |
Credit Suisse Asset Management | 4.67 | 36.4 | 5.2 | -1.0 |
Credit Agricole Asset Management | 3.33 | 30.1 | 3.7 | -0.9 |
State Street Global Investors | 2.49 | 60.7 | 2.8 | 0.0 |
XACT Fonder | 2.48 | 33.6 | 2.8 | -0.6 |
UBS Global Asset Management | 1.65 | 24.1 | 1.8 | -0.6 |
DVG-Deutsche Vermögensbildung GmbH | 1.07 | -54.4 | 1.2 | -3.1 |
Source: Schweizer Bank magazine, June 2007
Saturday, July 07, 2007
Buffett's Income
From: Times Online
Mr Buffett said that he was taxed at 17.7 per cent on the $46 million he made last year, without trying to avoid paying higher taxes, while his secretary, who earned $60,000, was taxed at 30 per cent.This is interesting, as his salary as CEO of Berkshire used to be no more than $ 100'000 (might be doubled by now) and his billions worth of Berkshire stock yield zero dividend income.
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