The holiday weekend is here, for those of us starting our weekend on Friday evening. So let's get right to five items you might wish to review over the next three days.
- There are mutual funds and those things investors think about regarding funds -- fund managers and stocks in their portfolios. But mutual funds are also a business, and in many ways a marketing business. Some run their businesses in the best interests of their customers, and others don't. Don Yacktman always struck me as a good guy, though I don't follow him closely. This Bloomberg article starts off with Yacktman and further down has some good stuff on Jean-Marie Eveillard as well.
- John Zogby writes in Forbes that Americans are becoming more frugal. My hunch is that most of us are experiencing and/or witnessing this trait in others we know. And it's a good thing.
- I recently linked to an interview Gary North gave to Lew Rockwell about making a difference in life. Here's the 56-minute lecture North gave at the Mises Institute expanding on this theme. It's about a person's calling in life, and that it may or may not be the same as a person's job. Very interesting, IMHO, with plenty of food for thought.
- Africa Confidential has a feature story on Nigeria and its central bank. This is an important country on the Dark Continent and, as we've seen all too often in that part of the world, corruption is playing its devastating hand.
- But for many these days, the African story is a commodities story. Africa Confidential's sister publication is Africa-Asia Confidential -- which runs a feature on the race for strategic minerals. Western nations, China and others are among the major players here.
Have a great weekend.
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