Within a week of the official SharePoint 2010 launch announcement, the platform’s broad ecosystem was buzzing with parallel announcements about integrations, add-ons, and support options. Contrast this with
Blog
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Drupal Gardens: A Critical Review of the First Bloom
My colleague Adriaan Bloem has produced a short briefing answering two important questions that have emerged around Drupal Gardens
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There Are CAPTCHA Codes Guarding These Walls [Image Cache]
I don’t know what prompted Aram Bartholl to stick CAPTCHA code art in public places, but I like to imagine him announcing that you may not continue walking down a sidewalk before reading an alphanumeric sequence out loud. More »
CAPTCHA – Aram Bartholl – Abuse – Google – Video Games -
Next-Gen Market in the Works? (Rumor)
Android Police reports that they received a tip about upcoming changes in the Android Market, giving some exciting details about some possibilities that could be in the works.According to their source, Google flew in a focus group from around the country, and asked them about a variety of topics, including social networking integration in the Market, “guru/expert ranks” for certain developers, the ability to follow or favorite certain developers, app recommendations, filters, and the ability for developers to respond to comments. (Android Police has a full run down of what was discussed– click over there for more detail.)
Remember, this is all rumor, so take it or leave it as it comes, but it seems like we have the following possibilities for the Market:
- Allowing Devs to leave feedback to feedback received
- Giving rankings to Devs, declaring them experts or the such.
- A better way to filter Apps, PRAISE THE ANDROID GODS
- Recommending apps to friends, A LA HTC Wildfire.
Android Police is saying that they have good word that the above WON’T be in the next update of the Market, but could be possibilities for the future. Here’s to the future then!
Might We Suggest…
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OverClock Your HD2 With LeoCpuSpeed

Have you ever considered making your device go faster than what the manufactures tell you it does? Well you can with the HTC HD2 and LeoCPU Speed. The application is a very complicated but simple to use tweak that allows you to change the clock speed of your HTC device.
I have used this before, and wow, it actually works, and it does it quickly. When I first started, I tried to see how low can it go. It does not work very low on the HTC HD2, but it does do high.
I was able to over clock my HTC HD2 at the sounds to the highest 1228Mhz processor speed. That means my device almost hit the new processor speeds, but here is the problem. I went to the highest and it failed, and everything turned off. That means you can feel the power the HD2 has, and to conserve power, you simple turn it back or to the lower number.
This application is pretty cool, and it allows you to do a lot.
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Red Dead Redemption tops Amazon’s Bestsellers list
The guys from Rockstar should have no trouble sleeping at all with the release of their cowboy-themed action title, Red Dead Redemption. As of today, it sits nicely on top of the Amazon Best Sellers list, taking
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Live from China
“We are massively underweight Australia, which is perceived as an economy that is geared to China on the commodity side,” says CSLA chief equity strategist Chris Wood. Wood says, “The impact of tightening is starting to affect other markets such as commodities. Thus, aluminium for three-month delivery down ten percent this month in London metals markets, with zinc off 16% and nickel 18%.
What a great time to introduce a super profits tax, eh? By the way, the miners are advancing the story, via Bloomberg, that the Rudd government has kicked off a global mining tax contagion. Profits normally attract competition. But in this day and age of cash-strapped governments, profits attract mean bearing laws and handcuffs and guns.
But back to China. Chris Wood is not alone. Stephen Joske is the Beijing-based director of the Economist Intelligence Unit’s China forecasting service. According to today’s Australian he’s also and a former Australian Treasury representative in China. He says the “The China forecast [in the Rudd government’s budget] for 2010 looks about right, but for 2011 looks too optimistic.
He adds that, “Trend growth, while high by global standards, will be slowing significantly from now on. China’s growth is now led by the domestic real estate sector, and the cycles are getting shorter, so things may not be clear if we look at China’s prospects through annual figures. We are going to see a moderate slowing of growth in China from now on due to tightening measures in place, including withdrawal of the stimulus, which should register on commodity prices in the second half of this year.”
In point of fact, it looks like its registering on commodity prices and stocks – bar precious metals – right now. But could it accelerate in 2010? “Given a government engineered slowing is already under way, 9.5 per cent is optimistic for 2011,” Joske continues. “We are forecasting around 8 per cent, with a recovery in the property cycle in 2011, but not a return to the boom times although it’s fair to say there is an upside chance in 2011, given China’s propensity to overinvest.”
It is one thing to make it out of Egypt. It is another thing altogether to make it to the Promised Land.
Commodity investors – between the Rudd resource tax, the China bust, and the effect that euro disintegration may have on global growth and resource demand – may feel like they’re lost in the desert at the moment. We suggest they follow the golden rule and seek profit in precious metals.
Granted, the golden calf of the Old Testament was a false idol. The people, impatient for the return of Moses, invented something else to worship. But switching metaphorical gears, the exodus out of paper money is a wealth destroying even of Biblical proportions. But historically, there HAS been one kind of salvation.
You know what we’re talking about. And to be fair, gold or precious metals are not mystical saviours of any sort. To the extent that they have intrinsic value it’s in the fact that they are hard to find, expensive to produce, but have more or less the same physical qualities everywhere at all times. You cannot print them like bank notes, either.
So it is what they’re not – unbacked liabilities of bankrupt governments – that matters more than what they are. We say that because resource investors wish to preserve their capital in 2010 AND find leverage to a rising gold price have the vehicles to do it: listed gold stocks. But which ones?
That’s the question we put to Diggers and Drillers editor Alex Cowie this morning in an hour-long meeting. We’ll tell you next week what he said. You can also check out his essay below about his trip the Melbourne Mining Club earlier this week.
And what about China? Last night we managed to catch up via Skype with travelling troupe of our former colleagues who are checking out the Middle Kingdom first hand. We recorded the video interview in which we asked them about the property bubble, gold, and Chinese capital markets in general. Look for that soon (probably tomorrow). Until then…
Dan Denning
for The Daily Reckoning AustraliaSimilar Posts:
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Twitter for BlackBerry: Updated to 1.0.0.40 – Get it now!
I just got word from RIM that Twitter for BlackBerry has been updated! The update seems to be a small jump from the first official release. The new Twitter for BlackBerry version 1.0.0.40 brings:- Quote tweets (ability to edit ReTweets)
- Auto complete for @ usernames
- Additional photo viewing support
- View Geotagged Tweets
- Personal Info Guard
- Hotkeys for navigation
- Go to users
You can grab the updated official Twitter BlackBerry client from BlackBerry App World, or by visiting blackberry.com/twitter from your device. If you’ve already installed the updated version… What are your thoughts? Do you still prefer another client?
You’re reading a story which originated at BlackBerrySync.com, Where you find BlackBerry News You Can Sync With…
This story is sponsored by the new BlackBerry Sync Mobile App Store. Grab your free copy today at www.GetAppStore.com from your BlackBerry.
Twitter for BlackBerry: Updated to 1.0.0.40 – Get it now!
Related posts:
- RIM’s Twitter App for BlackBerry Gets Live Screen Shots! Mauricio at BBRocks posted a screen shot of what…
- Yatca – Yet Another Twitter Client Application for BlackBerry I’m not sure that I’ve talked about Yatca here before…
- RIM announces Twitter for BlackBerry App is Coming Soon! UPDATE: I’m going to hold off writing a full…
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Unanticipated cloud app problems: The child
I’ve written about several issues with cloud apps. Here’s a novel one.
For good reasons, I want my son to have access to email and calendaring, but not to Google search. We use Google Apps for our family domain.It doesn’t work. One feature of the cloud is there are few or no parental controls. One might try OS X Parental Controls, but it has serious issues with https sources. There are workarounds for these limitations, but the workarounds all require full access to Google search.Desktop apps are a good fit for controlled access, cloud apps are not. -
Day 1 – Route 66 Rally – Joliet, IL to Rolla, MO
Travelling Down One the World’s Most Famous Roads
Michael SchleeWhen I first decided to enter this rally, I couldn’t wait to compete and test my navigation skills against 50 other competitors. However, a mere 30 minutes into the rally and I realized it was more about the trip down historical route 66 then the rally itself.
I spent the day driving the whole route 66 from Joliet, Illinois to Rolla, Missouri. Along with Brian Shannon in his 2010 Camaro, we took in the sites and sounds of the storied road.
Being the only teams to choose this ‘strategy’ it took us nearly 11 hours to complete. For the most part, the rest of the teams used the much faster Interstates to get from checkpoint to checkpoint. Needless to say we came in a tie for last.
But who cares? We got to see Henry’s Bunny Ranch, old service stations, and enough tacky roadside attractions to last a lifetime. So, are we going to stick to Route 66 exclusively tomorrow? You bet we are.
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HTC Evo 4G: Some Notes on a Juggernaut [EVO 4G]
Ginormous. That’s the EVO 4G in a word. The 4.3-inch screen. The 8-megapixel-photo, 720p-video-recording camera. It’s the first ever phone with superfast WiMax wireless. It has a kickstand. Like I said, huge. More »
HTC Corporation – WiMax – EVO 4G – Video Games – Games -
Vitamin B12 Deficiency Vegetarian
vitamin b12 deficiency vegetarian

What Groups are at Risk for Vitamin B12 Deficiency?
Vitamin B12 is essential to ensure healthy nerve and red blood cells. It is also used in the manufacture of DNA which is the genetic material found in all of our cells. You may also hear it referred to by the name of cobalamin because it contains the metal cobalt.
Vitamin B12 is essential to healthy nerve and red blood cells. It is also used in the production of DNA which is the genetic material found in all of our cells. It is also goes by the name of cobalamin because it contains the metal cobalt.
Vitamin B12 is bound to the proteins in the foods that we eat. It is found in foods derived from animals. Some common sources are meat, fish, poultry, eggs, milk and milk products. If you are a vegetarian fortified breakfast cereals can be an excellent source of B12. Hydrochloric acid releases vitamin B12 from proteins during the digestive process. It then combines with a substance called intrinsic factor (IF), it is this complex that is able to be absorbed by the intestinal tract.
B12 DEFICIENCY
The body stores several years supply of B12. It has been found that most children and adults in the United States consume the recommended daily requirement in the foods that they eat. A deficiency may develop due to an inability to absorb B12 from food or if you are a strict vegetarian that does not consume any animal products. For the most part individuals that have a B12 deficiency also have an underlining stomach or intestinal disorder that limits the absorption of the vitamin. Sometimes the symptoms of these disorders are very subtle and start with reduced cognitive function followed by anemia and dementia. These symptoms are very general in nature and can be caused by a variety of other medical conditions. You should always have a medical professional evaluate these symptoms and prescribe the appropriate medical care.
VITAMIN B12 AND PREGNANCY
During pregnancy nutrients are transferred from the mother to the fetus through the placenta. B12 is one of these nutrients that pass from mother to the fetus. Breast feed infants receive their nutrition, including vitamin B12, through breast milk. B12 deficiency is very rare condition in infants but can occur if the mother herself has deficient levels of the nutrient. An example of this would be a mother who is a strict vegetarian and has an inadequate reserve of B12 to pass on to the infant. In such cases a deficiency of vitamin B12 can develop in the infant in a matter of months after the child is born. This is something to be concerned about because if a deficiency in B12 is left undetected and untreated in infants it can lead to neurological damage. This damage can be both severe and irreversible. For this reason a mother who follows a strict vegetarian diet should consult with a pediatrician about B12 supplementation for their infants and children. They should also discuss with their own primary care professional about their own need for B12 supplements.
OTHERS THAT MAY BE AT RISK OF B12 DEFICIENCY
Individuals with pernicious anemia may be at increased risk. Anemia is a condition that occurs when there is insufficient hemoglobin in red blood cells to carry oxygen to the cells and tissues. Common symptoms are weakness and fatigue. Anemia can result in a variety of medical problems including a deficiency in vitamin B12, vitamin B6, folate and iron. Pernicious anemia is a name given more than a century ago to a then fatal B12 deficiency caused by gastric atrophy. This condition prevents the gastric cells from secreting intrinsic factor. B12 must bind with IF to be absorbed into the system. When an individual has this condition they are normally given an injection of B12 to get levels to where they need to be and then followed by supplementation to maintain them. A primary care professional must manage this treatment.
People with gastrointestinal disorders may be B12 deficient due to reduced ability for absorption. Some of these conditions may be celiac disease, Cohn’s disease, and those who have undergone surgical procedures in the gastrointestinal tract such as removal of all or part of the stomach. This can result in the loss of cells that are responsible for producing intrinsic factor.
Up to 30 percent of people over 50 years old may have atrophic gastritis, which is an increased growth of intestinal bacteria. This basically has two effects, it decreases the amount of gastric juices produced and the increased bacteria may actually compete for the available supply of vitamin B12. This causes them to be unable to absorb vitamin B12 normally. They are however able to absorb synthetic B12 such as that found in fortified foods and dietary supplements. These two sources may be the best sources of B12 for people over 50.
Strict vegetarians and vegans are at increased risk of developing B12 deficiencies. This is because B12 comes from animal products that they do not consume. Fortified cereals are a good source of B12 for this group of people.
About the Author
John Bradstreet is an experienced Biochemist with extensive knowledge in nutritional supplementation. He has more than 25 years of increasing responsibility in his field. To learn more about Vitamin B12 we have included additional links at the bottom of the page to help educate you on the subject. You are also invited to visit our Vitamin and Supplement Blog for information on this and other subjects.
Vegetarianism counter arguments help!?
hi i need one more counter argument.
i already hv if everyone becomes a vegetarian, the meat industry will collapse and people will lose their jobs.
and many vegetarians have vitamin B12 deficiency.plz gimme another counter argument, and defend it for me as well.
thx
10 points will be given!!
Freedom of choice. People should be able to eat meat if they want to or if they need to. The human digestive system is designed to process plant and/or animal foods. Therefore, there is no reason to forbid the eating of meat as long as the animals are slaughtered in a humane way. [This does not imply that people should not be vegetarians, but only that eating meat is not morally wrong or contrary to nature.]
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raw vegan blood tests :part 2.
Vitamin B12 Deficiency Vegetarian is a post from the Vegetarian Vitamins Guide blog where you can find suggestions and advice from vegetarians and vegans on vegetarian diets, supplements, vitamins and overall nutrition.
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Unlike Jupiter, Earth’s Mountains and Oceans Affect Weather
Unlike the storms swirling around the gas giant of Jupiter, Earth’s storms are affected by the oceans and mountains.
Science will often, in an effort to simplify and provide a reference point, compare findings here on Earth with disparate examples elsewhere, either on the planet or off. A group of scientists looking to understand how storm tracks work here on Earth looked to the smooth surface of Jupiter to form a base of comparison.
Computer simulations that depicted Earth in several formations led scientists to find that there is a comparable effect on the storm tracks made by ocean dynamics and mountains. (more…)
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Homemade Almond Milk: Six Easy Steps
Filed under: Advice, Healthy Eating, Holistic Recipe
If you’ve been looking around for healthy, dairy-free alternatives to cow’s milk, perhaps due to allergies or digestive intolerance (pain, gas, bloating), your research might have led you to either brown rice or almond milk, both of which I … Read more
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F.E.A.R. 3 explodes with a brand new trailer
Warner Bros. has released a brand new cinematic trailer for the upcoming horror sequel, F.E.A.R. 3. Titled “Point Man”, the new trailer mixes live-action sequences with in-game footage to give us a lil’ sneak peek on what’s
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Vitamin A Supplementation May Improve Lung Function In Newborns
Expectant women who take vitamin A supplements before and during pregnancy have a greater chance of giving birth to a child with superior lung function, according to a new Johns Hopkins study.For the research, a team of investigators analyzed the lung function of a group of children whose mothers had been assigned to receive vitamin A supplements, beta-carotene tablets or a placebo both before and during their pregnancy.
They discovered that women who took vitamin A supplements gave birth to children who had greater forced expiratory volume at one second (FEV1) and a greater forced vital capacity (FVC), two important measures of lung function. On average, the offspring of participants in the vitamin A group improved their lung function by 3 percent compared to the other respondents’ children.
"This benefit was limited to children whose mothers received vitamin A and not to those whose mothers received beta-carotene," said the authors of the study. "Early interventions with vitamin A in communities where undernutrition is highly prevalent may have long-lasting consequences in lung health."

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Attorney General Eric Holder’s Deputy Testifies In Voter Intimidation Inquiry
As the Obama administration tries to stave off criticism over its dismissal of the investigation into the alleged New Black Panther Party voter intimidation case last year, a top Justice Department official testified on May 14 in front of the United States Civil Rights Commission. Assistant Attorney General for Civil Rights Thomas Perez spent 90 minutes defending the department’s actions, saying there were no alternative motivations behind the decision to drop the case by then-Acting Assistant Attorney General for Civil Rights Loretta King, according to Main Justice.
"This is a case about career people disagreeing with career people," he was quoted as saying by the news provider, seemingly implying that the dispute was primarily between lawyers.
However, Perez entered into a heated exchange with Commissioner Gail Heriot who pressed him to answer why a more expansive injunction was not sought against a member of the Black Panther party who had carried a nightstick, the news source further reported.
The ongoing inquiry stems from an incident on Election Day 2008 at a Philadelphia polling station where members of the New Black Panther Party allegedly tried to intimidate voters by standing in military-style garb outside.
Late last year, the Department of Justice (DOJ) dismissed most of the case, causing anger among many conservatives.
Main Justice reports that the commission’s report is scheduled to be released before the mid-term elections.

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Republicans Ask For Citizens’ Opinions On Spending Programs
In an effort to connect with conservative activists and help curb Federal spending, House Republicans announced last week the creation of a new project designed to allow citizens to vote on what they think should be cut from the Federal budget.The new initiative, called YouCut, will enable voters to choose from one of five possible cuts each week. The winning suggestion will be brought to the floor the following week and will be voted on by members of the House.
"What we’re saying here is we’re going to listen," House Minority Whip Eric Cantor (R-Va.) told Fox News. "Vote on your priority, and we’ll take it to an up-or-down vote on the floor."
Meanwhile, Democrats are calling the program a simple public relations gimmick that has no realistic chance of trimming the Federal budget.
"It’s not surprising that they are resorting to another gimmick for a round of press rather than a substantive idea for lasting solutions," said Hari Sevugan, the Democratic National Committee’s press secretary. "But if they actually listened to the American people, Republicans would know that knee-jerk opposition, obstruction, delay and gimmicks are not a substitute for leadership."
In response to the program, the Democrats created their own project called GOPSpent, where Americans can vote on the most irresponsible Republican initiatives that favor special interest groups.

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Hamilton’s Curse by Thomas J. DiLorenzo
History can be a funny thing. Sometimes the sands of time obscure facts from those with only a passing knowledge of the truth.
So it is with some of the Founding Fathers. As a group they are revered by many for their knowledge, wisdom and forethought. They are seen as selfless defenders of liberty.
But that view is not completely accurate. Take the case of Alexander Hamilton, described by Thomas J. DiLorenzo in Hamilton’s Curse as essentially the anti-Thomas Jefferson—a man who would be pleased with America’s economic system today.
Hamilton’s Curse is not a biography of Hamilton. Rather it describes “his core political and economic ideas; the intellectual, legal, and political battles over those ideas; and the consequences America has suffered since his ideas were implemented,” DiLorenzo writes.
Although he was a principal author of The Federalist Papers and championed the adoption of the United States Constitution to replace the Articles of Confederation, he began to work immediately to undermine its tenants as President George Washington’s first Treasury Secretary.
What Hamilton really favored was a strong central government. In fact, as DiLorenzo writes, Hamilton opposed the Articles of Confederation because it did not empower a centralized government. He wanted America to be ruled by a king that would have supreme power over all the people. He favored making the states provinces with governors appointed by—and therefore loyal to—the king.
Under such a regime, all political power in the nation would be exercised by the king and his circle of advisors, which undoubtedly would include Hamilton. Essentially, Hamilton wanted to turn the United States into Britain.
But what Hamilton wrote in The Federalist Papers sounded quite Jeffersonian, leading many to believe later that he was being less than sincere in the writings, DiLorenzo writes.
“More likely, his writings were intended to goad the public into acquiescing in the adoption of a document that he hoped would become a ‘living constitution,’” according to DiLorenzo. Hamilton later described the Constitution as “a frail and worthless fabric.”
Among the legacies of Hamilton and his acolytes is the idea that the Constitution granted the Federal government “implied powers”—powers that were not actually in the Constitution but that statists like Hamilton wish were there.
He favored a central bank, activist judges and mercantilist system modeled after the British system.
DiLorenzo writes that Hamilton was likely the first to twist the meaning of the Commerce Clause of the Constitution, claiming the clause was an all-inclusive term for all commercial activities in society, and therefore that the government had a “right” to regulate and control all commerce—not just trade but intrastate commerce as well.
Hamilton believed “public” debt was a blessing, and he favored high taxes and paying subsidies (corporate welfare) to certain businesses.
While small government advocates in the Jeffersonian tradition won out over the Hamiltonians in the beginning, the Hamiltonians—or nationalists, as DiLorenzo calls them—never relented in their efforts.
Finally, in 1913 with the establishment of the Federal Reserve and the passage of the 16th Amendment (granting the power to lay and collect taxes) and 17th Amendment (changing the way Senators are selected), the Hamiltonian philosophy prevailed.
Hamilton’s economic philosophy is in play today, and is the source of our country’s economic ills. DiLorenzo lays this all out in excellent fashion and peels back the layers of historical revisionism that have lionized Hamilton and others who believed as he did.
DiLorenzo makes an excellent case that if we are to return to the republic the Founding Fathers like Jefferson and James Madison envisioned we must end the Federal Reserve and repeal the 16th and 17th Amendments.
Freedom-loving Americans who are interested in devolving themselves of the glossed-over public school history they learned—and the false history being perpetuated today—must read this book.
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Why The Hedge Fund “All-Stars” Are Struggling
Even as the S&P 500 rose a respectable 7.8 percent through the first four months of 2010, before giving it back in the first week of May amid concerns about Greece’s debt woes, the all-stars of the hedge fund world were having a rough start to 2010.
Moore Capital Management, whose founder, Louis Bacon, has his London digs (okay… more like a palace) right around the corner from me, had only posted gains of 1.58 percent this year—despite climbing to the top of the United Kingdom’s “hedge fund rich list” with a personal fortune of 1.1 billion British pounds.
Last year’s shooting star of the London hedge fund scene, emerging market manager Greg Coffey, who famously left a $250 million bonus on the table at European hedge fund group GLG Partners back in 2008, was down 5.88 percent into mid-March. And having recently sat next to the senior macro trader at Tudor Investments during a dinner at the swanky Carlton Club, I know that the mood at this iconic hedge fund is scarcely better than GLG. It turns out that the Tudor BVI Global fund was down 0.55 percent through mid-March.
No wonder this subpar performance has left investors scratching their heads. These hedge funds aren’t the industry’s one-hit wonders, either. They are, in fact, the “Babe Ruths” of the hedge fund world. After all, with the S&P 500 hitting 18-month highs in April 2010, you probably would think that a monkey throwing darts at a copy of The Wall Street Journal could be making money.
Hedge Fund All-Stars: The State Of Play In Global Markets
Well, if that monkey is an American one throwing darts at American stocks, the approach may succeed. But it’s been tougher for the monkey’s more cosmopolitan cousin.The reality is that outside of the United States stock market, global stock markets haven’t done much in the last six months.
EAFE Versus S&P 500 
While the U.S. stock market rose a solid 15 percent during the last six months through April 2010, the MSCI EAFE Index—a stock market index that reflects market performance of developed markets in Europe, Australasia and the Far East—was clearly in the red for 2010. The formerly high-octane BRICs (Brazil, Russia, India and China) are struggling this year. And the weak performance of global markets masks a now seemingly distant but stomach-churning 15 percent sell-off in global stocks within the span of two weeks in January and February.
Hedge Funds Struggling: Here’s Why
Unlike U.S. retail investors, global macro hedge funds—or “multi-strategy funds”—aren’t necessarily focused solely on the U.S. stock market. And opportunities to make money outside of the U.S. stock market have been limited.Yes, the dollar is up, and the euro and the British pound are down. Sugar soared for a while, but then collapsed. But gains on those trades have hardly made up for the cost of being whipsawed in and out of the market by sharp sell-offs in January and again in early May this year.
For retail investors, “buy and hold” remains the dominant investment mantra. And it’s also the strategy that has worked best over the past 14 months. But after a paradigm-shifting 2008, hedge funds are understandably skittish. They are (rightly) focused on the downside risks—whether financial contagion from Greece or another “Black Swan” event which they cannot predict.
Top hedge funds are also struggling because they look at risk in a fundamentally different way than investors schooled in the ways of "buy and hold." They are focused on the downside to a degree that is hard for most investors to imagine. At SAC Capital, if a portfolio manager is down 5 percent, he loses half of his money under management. If he loses 10 percent, he is shown the door. Apply that same standard to your favorite broker and see how long he’d last.
The experience of 2008 is also why many top hedge funds went on the defensive after the sharp sell-off in January. And they have been scrambling to recover ever since. Recent volatility in global financial markets notwithstanding, after an eight-week rally in the U.S. markets through the end of April, the sharpness and suddenness of the January sell-off seemed to fade into distant memory. As John Kenneth Galbraith observed, “the financial memory is very short.” For U.S. investors glued to the non-stop video game that is CNBC, “fear” rapidly transformed into “greed.” Of course, the big sell-off in the first week of May should serve as a reminder that risk management is as relevant to individual investors as it is to big institutions.
The bottom line? Yes, staying "dumb and long" in the U.S. stock market while ignoring the dips has been the single-best investment strategy over the past year. And any monkey, throwing darts at The Wall Street Journal would have outperformed the world’s top Market Wizards over the course of the last 14 months.
But as any old trader on Wall Street will tell you, “never confuse brains with a bull market.” And as any hedge fund manager will add: “If you pay peanuts, you get monkeys.”
Sincerely,

Nicholas A. Vardy
Editor, The Global GuruP.S. If you want to keep up with my latest insights on developments in fast-paced global markets, you can now follow me on Twitter on @NickVardy or on my new blog, NickVardy.com.













