Musings from the CU Suite

Written by Anthony Demangone

Here are some things that caught my eye this week. I hope you enjoy them...

• When Buffet was right, but we were too scared. (WSJ.) Five years ago: â€œA simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” Mr. Buffett wrote. “And most certainly, fear is now widespread, gripping even seasoned investors.”
• JP Morgan sees "most extreme case" of global liquidty...ever. (The Telegraph.)
• The Real Problem. (The Leadership Freak.)  "The real solution is getting your hands dirty with teammates who are already dirty. Get in there and start shoveling some mud. It’s funny how things change when you leave the sidelines and enter the arena."
• World Series:Why Kids Aren't Watching Baseball. (WSJ.) "If baseball were a stock, analysts would applaud its earnings growth—roughly double the past 10 years to nearly $8 billion—but they would warn about the long-term prospects, especially since so much of its business relies on TV revenue."
• Average Work is Usually Good Enough. (HBR.) "That’s right: average. It’s more efficient than tweaking, and tweaking, and tweaking our work in the hopes of reaching a level of greatness that we probably won’t come close to anyway."
• What? Greek stock market is tops.   Up 146 percent since June 2012.
• Why Leaders Fail. (Leadership Freak.)  "Leaders who don’t seek wisdom lack character."