Richard Bernstein: 10 guidelines learned in 20 years - Prieur du Plessis - Respected investment strategist Richard Bernstein left Merrill Lynch this week after 20 years at the firm. Writing his last “Investment Strategy Update”, Bernstein listed what he views as ten of the most important investment guidelines he has learned over the past 20 years. These guidelines are shared in this post. - read the list at  Investment Postcards from Cape Town

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The Long Legs of the Crash: 13 Unexpected Consequences of the Financial Crisis - By Daniel W. Drezner - Last year had more than its share of vertigo-inducing headlines: major banks suddenly disappearing, the Dow plunging day after day, and billion-dollar bailouts failing to make a dent in the worst financial crisis since the Great Depression.
1 Your government will get smarter
2 … and more corrupt. Politicians’ palms are about to get greasier.
3 Gray skies are gonna clear up (at least a little).
4 The Internet is about to get a lot more #@%$ing annoying.
5 Glory days for evangelicals.  
read the whole list and commentary at Foreign Policy