Gongol.com Archives: February 2010
Brian Gongol


February 12, 2010

News Haitian earthquake death toll centers on 217,000
A month after the quake, the country is still really just in survival mode. In the near term, they're going to need to construct some form of infrastructure to handle just the essential utilities required to make public health and safety possible. But what really needs to happen is that some kind of economic development needs to take place there. The country receives a quarter of GDP from remittances sent by expatriates. If the world really wanted to do some long-term good in Haiti, it would find ways to make the nation attractive for foreign and domestic investment alike.

Business and Finance Are people looking far enough ahead with their investments?
Short answer: No. One of the best rules of thumb for investing (courtesy of Warren Buffett and Charlie Munger) is this: Would you be comfortable buying this stock or bond today and not getting another quote on its price for another ten years? Day-traders and other short-term traders are only fooling themselves if they think they're "investing." Investment usually involves a minimum of trading.

Computers and the Internet Internet search history admitted as evidence establishing murder suspect's state of mind

Iowa It's a new record for snow so far this year

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