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  1. The View from Vancouver • July 25, 2008

    Dear Capital & Crisis Reader, “It’s burning… and it says HSBC on the side,” Dan Ferris said to me as we watched an awesome fireworks display out over English Bay in Vancouver. Ferris writes Extreme Value, a like-minded investment letter. The launching pad for the fireworks was a ship with HSBC – the name of a [...]

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  2. My Stone-Cold Favorite Oil Stock • July 18, 2008

    Dear Capital & Crisis Investor, My favorite oil stock for new money is without any doubt Gulfport Energy (GPOR:nasdaq). I warned that a drop in the price of oil would take Gulfport shares down , even if only temporarily. I also wrote in my initial report that any decline would be a buying opportunity. The market [...]

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  3. Mea Culpa — Sell Cohen & Steers • July 15, 2008

    Dear Capital & Crisis Investor, It’s time to let Cohen & Steers (CNS:nyse) go. It’s painful, but I just got it wrong. Every time I make a mistake I swear I won’t make the same mistake again. The problem is that every mistake has many siblings and cousins. Not quite the same, but similar. In this [...]

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  4. Greetings From Vienna • July 11, 2008

    “In the end, as usual, one thought came uppermost in my mind — survive…” – George MacDonald Fraser, Flash for Freedom! Dear Capital & Crisis Reader, We arrived at the Hotel Imperial, in Vienna, Austria, on a sunny Saturday morning. The Imperial is a great old historic hotel (with rooms worth taking pictures of). Originally built as a [...]

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  5. Capital & Crisis Hotline – New Buy Recommendation! • July 2, 2008

    Dear Capital & Crisis Investor, Congratulations, you just sat through the worst month for stocks in six years. The ugly month also capped off a pretty ugly first half of the year. The Dow Jones Industrial Average, for instance, was off 14.4%, the worst since 1970. Undoubtedly, there will be some bargains in the offing. I think [...]

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  6. Louisiana's Best-Kept Secret – at 50% Off Plus, My Notes From Big Sur • July 1, 2008

    I spent some time in Monterey, Calif., visiting an old friend. Monterey is a pretty place – the salty breezes off the bay, the tall pines, the mountains and the early morning fog that fills the valleys. We visited Pebble Beach, saw the Lone Cypress and ate at The Inn at Spanish Bay. We spent [...]

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