There was a lot to digest in the Barron's Roundtable. Some of it was fluff. Some of it was ideology. Here are the comments I found the most interesting from the first part of this year's Barron's Investing Roundtable interview which was published today. I can't say agree with all of these comments. But, at the very least, they are something to noodle on.
Faber: But why is there leverage? It is a symptom of artificially low interest rates -- essentially zero interest rates -- that force everybody to be a speculator because you're not earning anything on your money.
Gross: When the headlines hit about MF Global's collapse, along with the realization that a financial firm could take money from one pocket and put it in the other, I quickly diversif...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.