Economic Uncertainty

Warren Buffett had some very interesting things to say this morning.

Re: Conventional Wisdom

“I’ve learned in my 40 years that it’s the lucky few who manage to find happiness in the stock market [...] for the rest of us, it’s like chasing a mirage.”

Have been encountering a number of similar sentiments lately, along with other admonitions that even if the market does see a bottom it doesn’t mean the huge returns some may hope for…

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Approx. 70 Days Until April 15th

There is an article about “what you need to know” regarding income tax and in particular, some of the options available to file. Unless you are just waiting on the 8859 to go live so you can do them yourself, please do not delay.

How Credit Card Transactions Work

On a post a while back at my personal blog, i highlighted an interesting movie i watched…Are you familiar with what happens when you swipe your card?

And on that note as well, MasterCard has just released a white paper regarding Interchange, entitled “Benefits of Open Payment Systems and the Role of Interchange” [.pdf] and available through their Interchange Portal [Visa .pdf and Interchange Portal].

(ps. not saying anything for or against Interchange Fees)