Thursday, December 29, 2011

Ron Paul's Portfolio

As reported by the Wall Street Journal :

Most members of Congress hold some real estate, a few bond mutual funds, some individual stocks and/or a bundle of stock funds. Give or take a few percentage points, a typical Congressional portfolio might have 10% in cash, 10% in bonds or bond funds, 20% in real estate, and 60% in stocks or stock funds.
But Ron Paul’s portfolio isn’t merely different. It’s shockingly different.
Yes, about 21% of Rep. Paul’s holdings are in real estate and roughly 14% in cash. But he owns no bonds or bond funds and has only 0.1% in stock funds. Furthermore, the stock funds that Rep. Paul does own are all “short,” or make bets against, U.S. stocks. One is a “double inverse” fund that, on a daily basis, goes up twice as much as its stock benchmark goes down.
The remainder of Rep. Paul’s portfolio – fully 64% of his assets – is entirely in gold and silver mining stocks....
Is he crazy or does he know something most don't? 

Wednesday, December 28, 2011

Do You Have Any Questions? Now You Will

At the end of an interview when your prospective employer asks, "Do you have and questions?" Now you will. 
Every great student of interviews knows you should do your homework about the prospective employer and have some questions ready. Just incase during the interview your questions are covered, here are some that will help you prove that you are just the kind of candidate they are looking for. 

1. Is there a work issue that keeps you up at night and, given what you know about my background, how do you think I could help?

Why not get the interviewer to think about how you might fit in. Plus if they think you don't you'll know by the way they answer this question if you can expect a call back. 

2. What is the most gratifying aspect of the work you do here for XYZ company? 

want to know what makes the interviewer tick? Finding out what they love about the job tells a lot about your future boss. 

3. Could you describe your ideal candidate for this job? Why are these qualities important to you?

seriously if they aren't describing you, then you've got some work to do. 


4. What’s your best advice to someone starting out at this company?
This question ascertains the ‘best advice’ which yields valuable insights on what behaviors lead to a successful transition into the company.

What question do you always ask when you are being interviewed? 

The Book I Am Currently Reading