Jason Zweig has an interesting column today in the WSJ:

Inquiring minds want to know: What would Graham do?

This column, named after Benjamin Graham's classic book on value investing, launched only two weeks ago -- and several readers have already asked whether Graham would be loading up on financial stocks now. Unfortunately, I can't ask the great investor directly. Graham died in 1976. But a close look at his writings suggests that the answer is unambiguous: No.

That may seem surprising. After all, by mid-July, the Dow Jones Wilshire Financials index was down 46% from one year earlier. It's such big red numbers that get value investors licking their chops.

Even after rising over 30% in the past week, the 1,001 financial stocks tracked by Dow Jones Indexes are trading at an average of just 1.1 times their book value (assets minus liabilities). Before

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Feedburner Fix Coming
at 2008-07-28 12:07:50

You may have noted that the Feedburner RSS counter (at right) has disappeared, and some of you may not be getting the full RSS.

Feedburner is transitioning from a recent Google purchase to a full-fledged Google department.

They are moving some things around, changing some code, and the occasional glitch is expected.

I've already pinged my Google geeks to let them know about the glitch.

WSJ-NBC Poll: Surprising Data
at 2008-07-28 12:07:50

Surprising Polling Data via WSJ:

Source:
Gap Is Narrowing in Battleground States
McCain Chips Away  At Obama's Lead  In Four Key Races
SARA MURRAY
WSJ, July 25, 2008
http://online.

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Book Review: Age of Turbulence
at 2008-07-28 12:07:50

I would NEVER buy Greenspan's book. I think he is responsible for so many of the recent financial woes -- inflation & $145 Oil, Credit Crunch, Housing Debacle -- I just couldn't bring myself to do it.

Turns out I didn't have to. Scribd.com courteously provided a research copy.