Canadian Capitalist

1. The Globe and Mail listed five reasons why oil prices are high in today’s lead story. Seems to me that all five reasons are due to transitory factors.
2. This post on Random Roger’s Big Picture blog points out the importance of making allowances for mistakes in investing. Roger points out that if an investor decided that the oil run is over one year ago and sold their entire energy holdings, it would have been extremely difficult to keep up with the recent strong gains. Fortunately, though I guessed that oil is due for a decline, I only sold half my energy position.
3. It is ironic that 66% of computer science students pirate movies, music and software, compared to 46% of students in other fields of study.
4. People considering a switch to VoIP, should carefully consider the technology’s drawbacks pointed out in a newspaper article. I decided against VoIP for much the same reasons.
5. Canadians who bought a MP3 player between December 2003 and December 2004, could be eligible for a refund of up to $25.

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