Tag Archives: Economic Indicators

Buffett’s Favorite Economic Indicator, Job Interview with a Hedge Fund

Rail Traffic

Didn’t Buffett say that if asked to choose one economic indicator his would be rail traffic?

See page 19 which shows a 90% correlation past six years between change in total carload rail traffic and GDP growth.

Recent carloads are up versus past year 2.3% (November 2010) and past month .9% (vs. October 2011).

http://alquemie.smartbrief.com/alquemie/servlet/encodeServlet?issueid=4FA97DA7-A207-4EAD-B420-C0BD4EA38067&lmcid=archives

 

Job Interview at a Hedge Fund (Video)

I thought readers would enjoy my recent job interview at a hedge fund: http://www.youtube.com/watch?v=5hWIr9_noRo