Beating Buffett

Here are the numbers from the latest month and YTD…

Surprisingly the VIX went up the most in October even as all the major indices INCREASED in value. That’s a rare phenomenom.

YTD the small-cap Russell 2000 leads the way with the tech-heavy NASDAQ not too far behind.

The DJIA and S & P 500 came in pretty closely bunched.

The VIX is slightly down YTD which is more in keeping with what you’d expect.

The same geniuses that were pulling money OUT of equity mutual funds from May - September are now starting to become net buyers of these same funds at much higher prices…

The latest insider trading data suggests extreme caution…

Chart and comments from: Casey Research

Still Paying (Reuters)
Lehman is the gift that keeps on hemoragghing money.

It’s paid out over $1 billion in fees to advisors, lawyers and bankers who are working on the firm’s bankruptcy.