Daily Archives: 01/26/2012

(Community Matters) Pondering the significance of this Politico posting:

“Davos elite confronts crisis of Western capitalism,” by AFP’s Dave Clark: “Leaders of the global business elite were confronted on Wednesday with the fear that the Western model of capitalism has failed and is about to be shoved aside by emerging powers. Over four decades, the annual World Economic Forum in the Swiss ski resort of Davos has become an emblem of the triumphant market but this year delegates admitted that state capitalism on the Chinese model is in the ascendant. … Four days of public debate and private networking kicked off with a stark warning from a panel of experts that the historic motors of the 20th century global economy will have to reform or die.”

(Community Matters) Have spent a fair amount of time this week reviewing investments performance and imagining the outlook for 2012. Lunch with my friend Eric Price (Price Wealth Management) yesterday where we discussed 2011 relative to 2008 and then more normal years of market performance. Emails yesterday with another investment-smart friend who told me to buy more Apple stock last fall – of course I didn’t but he told me yesterday I still should – and I will.

2011 was a very strange year. The risk of Europe unraveling threatened everyone and everything.

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