More mooing from the herd for 1% to 10% in a month. StockTakers BookBuilderTM gives small investors means to grow their wealth with our Risk Price driven 'likeables'. Enjoy another slice of our Risk Price method to earn investment income for yourselves. Because You Can. Accredited investors can Buy A Slice of StockTakers 12% Bond to earn investment income by leaving that work to us. Because We Do.

1. “
Page 1 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Our BookBuilderTM
portfolios aim at building the children's education fund so they do not leave
school burdened like a borax mule with vitality sapping debt. Build your own deal book. Run your
online trading income account with our “likeables” because you need "to save your own bacon."
Several quarters in a row now, the ‘professional’ portfolio managers
have shown they are confused, do not know. It is proverbial to learn
and gain wisdom, Proverbs 8:5 in fact, but provably the portfolio
management class have no wisdom, only their confusion1. Brute
methods of pension, insurance, ETFs and mutual funds, blinked and
lost $trillions of your money controlled in pension funds, insurance
and banking instruments. Your money, put up for grabs in their zero-
sum bubble2 where their indiscretion and confusion costs us all.
All our charity portfolios need to reload and rebuild. Fight the foolishness, buy back at less than the
stoploss and greater than SF. Hold’em is the best strategy when market movers play, ‘Ain’t Mis-
behavin’ Wink’n, Blink’n and Naughty as traders’ reaction to wild externalities, wild gossip they
ply on each other. Balance sheet fundamentals of what makes ‘likeable’ firms slowly change. We
suffered the Great Rotation bubble of Quantitative Eating. China only slipped to 6% growth. India’s
median income is now 20% higher than Russians. There are a lot more joining the muddle class.
We discourage the quick fix of fossil fuelling developing economies. Look to new economies
without fossil fuel. The world cannot afford more pollution as China used to grow its Yuan.
BookBuilder™ is about Simply Keeping It, Yours. Keeping it yours is your intention when you
save. We enable you to build value. Build your own deal book in your online trading account to
keep your capital safe and growing in value. Keep your money and obtain a hopeful return, yours.
The financial products industry covets spending your savings for themselves. They
do not see your pocket as their restraint, rather their opportunity. These Artful
Dodgers are just skilled pick-pockets, in suits they bought with your cash. Avoid
these ‘Goats’ that come to just eat your grass, graze your wallet, and leave. Do not
loan them your pocket-book on empty promises they have never delivered. Avoid
these traps laid by financial products conspiring to artfully exploit the small investor
of hard-won savings. Don’t give them your wallet. “Save your own bacon."
"for the value of money is also perishable." Jean-Baptiste Say , 1803
What investors expect of financial products is a way to secure their hard earned savings while
growing their wealth. The circularity of ‘investment talk’ is what Alice gets at the Tea Party.
“Take some more tea,” the March Hare said to Alice very earnestly.
“I’ve had nothing yet,” Alice replied in an offended tone: “so I ca’n’t take more.”
“You mean you ca’n’t take less,” said the Hatter: “it’s very easy to take more than nothing.”
Pretty much, they have taken it all before you arrived. “Alice, meet Dr. Artful Dodger.”

2. “
Page 2 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Holding on to the value of what you have created is fundamental. Ancient wisdom is the feast we
enjoy today will not be on our table tomorrow. You work earn save and build for a hope filled
future when you can do what is in your heart and skills to take-on doing for yourself. Cash only has
a temporary value that time erodes. Cash is powerful only when it is engaged in business processes
creating more wealth, adding value. Cash must be invested to hold and grow, adding value, earning
an income. Invest with ‘likeables’ for your income and build your wealth for your future
Wall Street pillages your wallet. They say that is their job, making markets and venture capital
loans by running your money. You want to keep what you have, but earn income on it. You want
your capital safe earning income hopefully above inflation. Wall Street disclaims talk about or do
anything about income. They are selling risk, to you, and they’re good at selling risk3
for their fees.
But, what can the small investor do with $5,000? With our ‘likeables’ we show, because, we can.
The Risk Price is our benchmark measure against the share price. It is our fundamental arbiter in
segregating the B-class of firms4 worthy of investment. The $toploss settings we publish for these
public portfolios should do the job of saving equity from serious harm due to market gossip induced
volatility. We shun the likely rude wealth takers, the N-class, that are not “likeables.” We
reasonably analyse balance sheets to identify and shun those doppelgangers of corporate fiction.
You want to keep your money, hopefully, gain an income, above the corrosive rate of inflation. Our
“likeables” stocks portfolios do this while being risk averse. The full history of trades made in these
portfolios in real time is shown. Our charity portfolios are proof of long term gain!
BookBuilder™ portfolios are of just our lowest cost "likeables" our methods identify. Because we
can, our proprietary information is given freely in charity to enable small investors to keep their
savings growing into their wealth. Our method is proven in long term portfolios earnings
consistently exceeding inflation. Grow your earned savings for children’s tuition, nest building or
retirement income. Because you need to “save your own bacon" run your online trading account.
Our calculated Risk Price (SF) is provably the least stock price at which the company is “likeable”
so we can use “risk aversion”. Equities trading above our SF benchmark Risk Price are those
investors tend to like. Two of three continue to rise due investors’ behaviour. These are “likeables”
revealed by their Risk Price. This is based on new theory we prove works in the real world.
By using the mean 52 week price range to set the $topLoss on each, usually, the ‘laggards’ will be
cut before they damage capital safety. With gossip driven burst of market bubbles we needed to
narrow that ratio to avoid the damage from downside volatility fund managers make because they
do not know value, or which way to turn. Now we decide it is time to return to larger gap. By
knowing the Risk Price as a bottom reference we can also exit and buy-back at a lower price to
recover. Then continue making substantial gains as markets rebound. This is what we do when
using the more active “collaring options5” to profitably buy lower or exit. By reinvesting cash to
capital your portfolio grows wealth through the long term while remaining "as good as cash” liquid
whenever time comes you need some cash from dividends earned in your income portfolio.

3. “
Page 2 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Holding on to the value of what you have created is fundamental. Ancient wisdom is the feast we
enjoy today will not be on our table tomorrow. You work earn save and build for a hope filled
future when you can do what is in your heart and skills to take-on doing for yourself. Cash only has
a temporary value that time erodes. Cash is powerful only when it is engaged in business processes
creating more wealth, adding value. Cash must be invested to hold and grow, adding value, earning
an income. Invest with ‘likeables’ for your income and build your wealth for your future
Wall Street pillages your wallet. They say that is their job, making markets and venture capital
loans by running your money. You want to keep what you have, but earn income on it. You want
your capital safe earning income hopefully above inflation. Wall Street disclaims talk about or do
anything about income. They are selling risk, to you, and they’re good at selling risk3
for their fees.
But, what can the small investor do with $5,000? With our ‘likeables’ we show, because, we can.
The Risk Price is our benchmark measure against the share price. It is our fundamental arbiter in
segregating the B-class of firms4 worthy of investment. The $toploss settings we publish for these
public portfolios should do the job of saving equity from serious harm due to market gossip induced
volatility. We shun the likely rude wealth takers, the N-class, that are not “likeables.” We
reasonably analyse balance sheets to identify and shun those doppelgangers of corporate fiction.
You want to keep your money, hopefully, gain an income, above the corrosive rate of inflation. Our
“likeables” stocks portfolios do this while being risk averse. The full history of trades made in these
portfolios in real time is shown. Our charity portfolios are proof of long term gain!
BookBuilder™ portfolios are of just our lowest cost "likeables" our methods identify. Because we
can, our proprietary information is given freely in charity to enable small investors to keep their
savings growing into their wealth. Our method is proven in long term portfolios earnings
consistently exceeding inflation. Grow your earned savings for children’s tuition, nest building or
retirement income. Because you need to “save your own bacon" run your online trading account.
Our calculated Risk Price (SF) is provably the least stock price at which the company is “likeable”
so we can use “risk aversion”. Equities trading above our SF benchmark Risk Price are those
investors tend to like. Two of three continue to rise due investors’ behaviour. These are “likeables”
revealed by their Risk Price. This is based on new theory we prove works in the real world.
By using the mean 52 week price range to set the $topLoss on each, usually, the ‘laggards’ will be
cut before they damage capital safety. With gossip driven burst of market bubbles we needed to
narrow that ratio to avoid the damage from downside volatility fund managers make because they
do not know value, or which way to turn. Now we decide it is time to return to larger gap. By
knowing the Risk Price as a bottom reference we can also exit and buy-back at a lower price to
recover. Then continue making substantial gains as markets rebound. This is what we do when
using the more active “collaring options5” to profitably buy lower or exit. By reinvesting cash to
capital your portfolio grows wealth through the long term while remaining "as good as cash” liquid
whenever time comes you need some cash from dividends earned in your income portfolio.

4. “
Page 2 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Holding on to the value of what you have created is fundamental. Ancient wisdom is the feast we
enjoy today will not be on our table tomorrow. You work earn save and build for a hope filled
future when you can do what is in your heart and skills to take-on doing for yourself. Cash only has
a temporary value that time erodes. Cash is powerful only when it is engaged in business processes
creating more wealth, adding value. Cash must be invested to hold and grow, adding value, earning
an income. Invest with ‘likeables’ for your income and build your wealth for your future
Wall Street pillages your wallet. They say that is their job, making markets and venture capital
loans by running your money. You want to keep what you have, but earn income on it. You want
your capital safe earning income hopefully above inflation. Wall Street disclaims talk about or do
anything about income. They are selling risk, to you, and they’re good at selling risk3
for their fees.
But, what can the small investor do with $5,000? With our ‘likeables’ we show, because, we can.
The Risk Price is our benchmark measure against the share price. It is our fundamental arbiter in
segregating the B-class of firms4 worthy of investment. The $toploss settings we publish for these
public portfolios should do the job of saving equity from serious harm due to market gossip induced
volatility. We shun the likely rude wealth takers, the N-class, that are not “likeables.” We
reasonably analyse balance sheets to identify and shun those doppelgangers of corporate fiction.
You want to keep your money, hopefully, gain an income, above the corrosive rate of inflation. Our
“likeables” stocks portfolios do this while being risk averse. The full history of trades made in these
portfolios in real time is shown. Our charity portfolios are proof of long term gain!
BookBuilder™ portfolios are of just our lowest cost "likeables" our methods identify. Because we
can, our proprietary information is given freely in charity to enable small investors to keep their
savings growing into their wealth. Our method is proven in long term portfolios earnings
consistently exceeding inflation. Grow your earned savings for children’s tuition, nest building or
retirement income. Because you need to “save your own bacon" run your online trading account.
Our calculated Risk Price (SF) is provably the least stock price at which the company is “likeable”
so we can use “risk aversion”. Equities trading above our SF benchmark Risk Price are those
investors tend to like. Two of three continue to rise due investors’ behaviour. These are “likeables”
revealed by their Risk Price. This is based on new theory we prove works in the real world.
By using the mean 52 week price range to set the $topLoss on each, usually, the ‘laggards’ will be
cut before they damage capital safety. With gossip driven burst of market bubbles we needed to
narrow that ratio to avoid the damage from downside volatility fund managers make because they
do not know value, or which way to turn. Now we decide it is time to return to larger gap. By
knowing the Risk Price as a bottom reference we can also exit and buy-back at a lower price to
recover. Then continue making substantial gains as markets rebound. This is what we do when
using the more active “collaring options5” to profitably buy lower or exit. By reinvesting cash to
capital your portfolio grows wealth through the long term while remaining "as good as cash” liquid
whenever time comes you need some cash from dividends earned in your income portfolio.

5. “
Page 5 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Atmel Corporation 8.12 ATML:US 7 7.2
Callaway Golf Co. ($8.4 stopLoss 03feb16) ELY 7 8.6
Gannett Company Inc. ($13.9 stopLoss 17feb16) GCI:US 12 13.6
Janus Capital Group Inc. ($11.3 stopLoss 02feb16) JNS:US 10 12.9
Peoples United Financial Inc. ($13.9 stopLoss 03feb16) PBCT:US 14 15.3
ShoreTel Inc. ($7.7 stopLoss 03feb16) SHOR 6 6.6
Talmer Bancorp Inc. ($15.3 stopLoss 08feb16) TLMR 14 17.2
Wendys International Inc. ($9.8 stopLoss 09feb16) WEN:US 6 10.2
Buy-ins 29feb16 *100 shares each
Achillion Pharmaceuticals Incorporated 7.72 ACHN 2 6.5
First Horizon National Corp 13.10 FHN:US 10 12.1
Gannett Company Inc 15.14 GCI:US 12 13.6
Himax Technologies Incorporated 11.24 HIMX:US 7 10.0
Logitech International S.A. 15.91 LOGI 8 15.0
Annaly Capital Management Incorporated 10.26 NLY 10 9.7
Wendys International Incorporated 10.89 WEN:US 6 10.2
NYSE BookBuilderTM 2012 Portfolio *100
Shares (incl. Dividendsª) 29 February 2016 / 30 November 2012
10093.50 /5460.00 Gain 40.0
months
84.86%
IRR pa 20.24%
Net Cash Forward * 100 (after buy-ins 31jan16) 95.00
Net Cash * 100 (after stoploss sales) 300.00
Net Current Cash Forward * 100 395.00
Buy-ins 31mar16 *100 shares each
Sirius XM Radio Inc. 3.95 SIRI:NASDAQ 4 3.8
Net Cash Forward * 100 (after no buy-ins 31oct15) 0.00
Cash Dividends earned 400.50
Total Cash Available 400.50
NYSE BookBuilderTM
2012 Portfolio *100
Shares (incl. Dividendsª) 29 February 2016 / 30 November 2012
9588.50 /5460.00 Gain 39.0
months
75.61%
IRR pa 18.92%
Stop-loss settings intend to defend your capital from unusual negative market volatility in case of
such irrational market mavens’ pressures of Q3-2014 through Q1-2016. Irrationally volatile
swings occurred without regard for any reason, as stock prices sharply rebounded. Your capital
was defended by stoploss settings as intended but you must rebuild your portfolio with successive
replacement buy-ins as shown below. Staying in the market is the way to gain for the long term.
We had progressively tightened our stoploss settings to less than a standard deviation on a 52 week

6. “
Page 6 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
rolling range13 of a stock’s price. That does incur an added ‘churn’ cost of buying after selling at
the triggered stoploss setting. That is a consequence of exercising capital safety. There are benefits
to doing that. Our ‘collaring options’ is preferred but takes our constant vigilance.
New NYSE 2013 Portfolio Buyins *100 shares
(31 August 2013 )
4397.00
(See prior posts for early trading history) SF
(Risk Price)
Stoploss
Buy-ins 31sep15 *100 shares each
Achillion Pharmaceuticals Inc. ($9.3 stopLoss 07jan16) ACHN 2 6.5
Carrefour SA ADR ($6.3 stopLoss 13nov15) CRRFY:US 5 5.0
Monster Worldwide Inc. ($5.9 stopLoss 10dec15) MWW 6 2.0
Office Depot Inc. ($6.8 stopLoss 19nov15) ODP 4 6.1
Rite Aid Corporation 8.15 RAD:US 6 7.4
ShoreTel Inc. ($8.5 stopLoss 05jan16) SHOR 6 6.6
Buy-ins 30nov15 *100 shares each
Mitsubishi UFJ Fin’l Inc. ADS ($6.2 stopLoss 11dec15) MTU:US 6 3.8
Office Depot Inc. ($6.1 stopLoss 07dec15) ODP 4 6.1
Buy-ins 31dec15 *100 shares each
ChemoCentryx Inc. ($7.4 stopLoss 04jan16) CCXI 6 0.9
Callaway Golf Co. ($9.0 stopLoss 11jan16) ELY 7 8.6
Monster Worldwide Inc. ( $5.9 stopLoss 10dec15) MWW 6 2.0
Office Depot Inc. ($5.2 stopLoss 12jan16) ODP 4 6.1
ShoreTel Inco. ($8.5 stopLoss 05jan16) SHOR 6 6.6
Buy-ins 31jan16 *100 shares each
Achillion Pharmaceuticals Inc. ($5.7 stopLoss 08feb16) ACHN 2 6.5
Callaway Golf Co. ($8.4 stopLoss 03feb16) ELY 7 8.6
JA Solar Holdings Co. Ltd ADS ($8.3 stopLoss 08feb16) JASO: 8 7.7
Office Depot Inc 7.10 ODP 4 6.1
SLM Corporation ($5.7 stopLoss 08feb16) SLM 6 5.1
ShoreTel Inc. ($7.7 stopLoss 03feb16) SHOR 6 6.6
Buy-ins 29feb16 *100 shares each
BAE Systems PLC ORD 7.25 BAESF:US 6 6.9
Frontier Communications Corp 5.59 FTR:US 5 4.8
Opko Health Incorporated 10.39 OPK 8 8.1
Sirius XM Radio Inc. 3.95 SIRI:NASDAQ 4 3.8
ShoreTel Incorporated 7.44 SHOR 6 6.6
ZTE Corporation ADR (H Shares) 3.43 ZTCOY:US 3 2.8
BookBuildersTM
2013 NYSE Current Portfolio
(including dividendsª) 31 March 2016 / 31 August 2013
5507.10 /4397.00 Gain 31.0
months
25.25%

7. “
Page 7 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
IRR pa 9.11%
This result is far less than our expected long term tendency. However, it is cause for celebratory
hats and horns, gaining 9.68% this month, a ’likeables’ tendency. This portfolio has gone through
18 months of volatile and negative market behaviour, more than half of its interval. This portfolio
has demonstrated resilience even using the less effective stoploss regime. We know our pursuit of
using options to collar exit or holds guided by the Risk Price is more lucrative.
Over these thirty plus months this portfolio confounds the performance of the hedge funds. This
portfolio has proven stunningly better result for the small investor is vastly better than any fund,
bond or mortgage product the financial industry offers and always is liquid for the small
investor needing access to use their own wealth to help themselves or dear ones when need arises.
Net Cash Forward * 100 shares 31jan16 Buy-ins 34.00
Net Cash * 100 (after $toploss) 0.00
Net Current Cash * 34.00
Buy-ins 31mar16 *100 shares each
n/a
Net Cash Forward * 100 (after buy-ins 31jul2015) 34.00
Cash Dividends earned 113.30
Total Cash Available 147.30
BookBuildersTM
2013 NYSE Current Portfolio
(including dividendsª) 31 March 2016 / 31 August 2013
5507.10 /4397.00 Gain 31.0
months
25.25%
IRR pa 9.11%
(Pending Need for Change or investing new Savings)
Peoples United Financial Incorporated 15.93 PBCT:US 14 15.3
Smith & Wesson Holding Corporation 26.62 SWHC:US 12 22.8
Western Union Company 19.29 WU:US 16 17.8
Vigilance while these below are nearing but still trading below Risk Price and not yet “likeables” so are
still not risk averse buy-ins.
Advanced Micro Devices Inc 2.85 AMD 4 2.5
Camtek Limited 1.98 CAMT 3 1.6
LM Ericsson Telephone Company 10.03 ERIC:NASDAQ 11 8.9
BookBuildersTM
New NYSE 2014 Portfolio
Set 31 August 2014
4925.00
(See prior posts for early trading history) SF
(Risk Price)
Stoploss

8. “
Page 8 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Buy-ins 30nov15 *100 shares each
Carrefour SA ADR ($5.9 stopLoss 11dec15) CRRFY:US 5 5.0
MFA Financial Inc. ($6.6 stopLoss 14dec15) MFA 7 6.3
NEC Corporation ($3.0 stopLoss 15mar16) 3.00 NIPNF 3 2.4
Sirius XM Radio Inc. ($4.0 stopLoss 08dec15) SIRI:NASDAQ 4 3.8
ZTE Corporation ADR ($3.9 stopLoss 07jan16) ZTCOY:US 3 2.8
Buy-ins 31dec15 *100 shares each
BAE Systems PLC ORD ($7.1 stopLoss 19jan16) BAESF:US 6 6.9
NEC Corporation ($3.0 stopLoss 15mar16) 3.00 NIPNF 3 2.4
Carrefour SA ADR ($7.1 stopLoss 06jan16) CRRFY:US 5 5.0
Rite Aid Corporation 8.15 RAD:US 6 7.4
SLM Corporation ($6.0 stopLoss 07jan16) SLM 6 5.1
Buy-ins 31jan16 *100 shares each
Achillion Pharmaceuticals Inc. ($5.7 stopLoss 08feb16) ACHN 2 6.5
MFA Financial Inc. (N* drop $6.85 stoploss 31mar16) 6.85 MFA 7 6.3
NEC Corporation ($3.0 stopLoss 15mar16) 3.00 NIPNF 3 2.4
Sirius XM Radio Inc. ($3.6 stopLoss 08feb16) SIRI 4 3.8
ZTE Corporation ADR (H Shares) 3.43 ZTCOY:US 3 2.8
Buy-ins 29feb16 *100 shares each
Frontier Communications Corp 5.59 FTR:US 5 4.8
Sirius XM Radio Inc. 3.95 SIRI 4 3.8
BookBuildersTM
New NYSE 2014 Portfolio
(including dividends*) 31 March 2016 / 31 August 2014
3792.50 /4925.00 Gain 19.0
months
77.01%
Net Cash Forward * 100 shares 31jan16 Buy-ins 31.00
Net Cash * 100 (after $toploss sales) 1585.00
Net Current Cash 1616.00
Buy-ins 31mar16 *100 shares each
Astrotech Corporation 2.09 ASTC 2 1.7
Carrefour SA ADR 5.475 CRRFY:US 5 5.0
VimpelCom Limited ADR 4.26 VIP 4 3.4
VimpelCom Limited ADR 4.26 VIP 4 3.4
Net Cash Forward * 100 (after buy-ins 31jan16) 7.50
Cash Dividends earned 35.00
Total Cash Available 42.50
BookBuildersTM
New NYSE 2014 Portfolio
(including dividends*) 31 March 2016 / 31 August 2014
3792.50 /4925.00 Gain 19.0
months
77.01%

9. “
Page 9 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Fund managers are sitting on your money to lose it in their ‘Great Rotation’ to buy bonds, a churn
which will freeze into ill-liquid lower interest, less than inflation now, to be discounted even more
later when sold to regain liquidity. For this they claim fees, they win twice, so you lose twice. The
pool of low price point range of ‘likeables’ is now smaller. The August 2014 started portfolio
seems an unwelcome outlier, dogged by this group of low price ‘likeables’ in a highly negative
volatility range. We stay in the market, to resist loss and wait for the rebound, always liquid. This
portfolio is on a long hill to climb back up but only staying in the market can make that climb.
The biggest miscall of the market gossips ‘sky fall’ driving volatility is that world gross production
still exceeds world population growth by a factor of 3. The world economy is growing. Consumers
of high value added production remain consuming near 13 times more than population growth in
the Euro-American nations. That should be aligned if the world economies were near stagnant.
High value added production of Chinese (Indian Bengal Bay peninsula and Indonesian archipelago
and others are not far behind) workshops to the world still exceeds the population growth of high
income nations buying high value consumer goods by a factor of 13. The rising aspirations of a
middle class consuming high value goods is being felt worldwide not just in the G8 economies.
Chinese domestic consumption from its household formations is its own internal problem, while
households’ formation buying durable goods in the rest of the developing world is still rising.
These factors are driven by patents technology and money rents paid to leading Euro-American
corporations. The Euro-American consumers’ appetites expressed as their GDPs are still rising at
more than quintuple their rate of population growth though a seventh of the world. Durable goods
needed to supply new households forming in Europe for war refugees rebuilding lives and
opportunities will stimulate welcoming economies. Employment is rising there as lately reported.
The five thousand year rivalry of tribal fiefs in their plundering for Middle East booty regardless of
religious spurs will spoil over oil decline as fuel is overtaken by innovating entrepreneurship. The
finest individuals of those fractious intrigues have escaped servility to seek their individual agency
among the developed economies giving refuge for their energy and range. Those that do not return
will spur innovation and growth in the receiving nations the Middle East will be permanently
denied the human resource agency ‘Arab Spring’ was about. The amiable educated and more able
with finer dispositions will stay in refuge nation’s safety. The belligerents with short views return.
The greatest export of the occident is the inspiration of individual agency that lies at the core of
capitalism. We embrace the innovative when acting to our better angels, because that which can be
made to work will enhance us all. We grant our finances and licence to architects of future
business in their promise and our expectation they will enhance our expectations. That is what lies
at the core of capitalism. The flow of ‘credit float’ we express to build those dreams ‘raises all our
boats’ and why we created the fictitious person, the corporation, as a society bears as public
liability the costs of its failure as we enjoy its success and promise. We invest in the hopeful return

10. “
Page 10 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
of a future income coming from that inspired act of highest charity, investment, just as
Maimonides encouraged, that we might gain strength to earn our own way through that endeavour.
These are the fundamentals driving international trade and macroeconomics the gossips are blind
from seeing. However as one pundit said, politics is all local, so is conventional vision of
economics, plagued by not seeing the larger view. Volatility will settle as these notions make their
corrective impact until market gossips find some other sky falling. As another pundit reminded,
Stay Calm and Carry On. Stick to our knitting and climb back. By our effort dark times diminish.
Engage “Likeables” and save your own bacon.
Equities that tend to hold their value and gain are better than cash. We like risk aversion, Capital
Safety and Liquidity because we have proven that works, for low risk and high AlphaSmartTMgains.
For small savings it is needful but arbitrary you stock your portfolio from the low price-point end of
"likeables" found in the market. These “likeables” are used in the BookBuildersTM fitting criteria
for small investor portfolio needs. What is essential in your portfolios is that you buy a full
complement of at least eight or preferably more equities at any time. (We prefer equal blocks of
100 shares. That allows us 'collaring options' an aggressive exit strategy to maximize gains (instead
of passive stop-loss) as many “likeables” rebound so ‘collaring’ lets us hold through volatility and
earn more gains14
).
Do not expect perfect of Risk Price. Tendency for gain is not the same as pin-the-point on the mule
as most claim, encourage or seek. Let others chase the gamblers’ risk/reward model. Risk Price is
what investors need to know. Risk aversion comes of a diverse range of our “likeables” in your
portfolio. Our proprietary “likeables” information allows small investors to save your own bacon.
TSX 2012 BookBuilderTM “Likeables”
Portfolio (set 30 November 2012)
Market
Price
Symbol SF
(Risk Price)
Stoploss
(See prior posts for early trading history)
Buy-ins 31dec2015 *100 shares each
Alacer Gold Corp. ($2.3 stopLoss 15jan16) ASR 2 2.1
Lake Shore Gold Corp. 1.89 LSG 1 1.7
NovaGold Resources Inc. ($5.5 stopLoss 12jan16) NG 4 5.8
Buy-ins 31jan16 *100 shares each
Aecon Group Inc. ($13.7 stopLoss 02feb16) ARE 14 14.8
BlackBerry Ltd. ($9.3 stopLoss 09feb16) BB 8 9.4
Cott Corp. ($13.6 stopLoss 08feb16) BCB 8 16.4
CAE Inc. ($14.2 stopLoss 01feb16) CAE 13 14.5
Chorus Aviation Inc. ($5.1 stopLoss 10feb16) CHR.B 5 6.2
Just Energy Group Inc. ($8.8 stopLoss 10feb16) JE 6 6.8
Buy-ins 29feb16 *100 shares each

11. “
Page 11 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Algonquin Power & Utilities Corp. 10.87 AQN 9 10.1
Choice Properties REIT 12.37 CHP.UN 10 11.9
Celestica Inc. 14.26 CLS 10 13.0
Chartwell Snrs Hsg REIT 14.10 CSH.UN 10 13.4
Guyana Goldfields Inc. 4.53 GUY 2 4.0
Just Energy Group Inc. 7.72 JE 6 6.8
Kirkland Lake Gold Inc. 8.37 KGI 5 7.3
NovaGold Resources Inc. 6.58 NG 4 5.8
.
TSX 2012 BookBuilderTM Portfolio Value
(including dividendsª) 31 March 2016 / 30 November 2012
8615.90 /6391.00 Gain 40.0
months
34.81%
IRR pa 9.37%
Net Current Cash after 31jan16 Buy-ins *100 shares 27.00
Net Cash * 100 (stoploss sales) 0.00
Net Cash for Buy-ins *100 shares 27.00
(See prior posts for early trading history) SF
(Risk Price)
Stoploss
Buy-ins 31mar16 *100 shares each
n/a
Net Current Cash after 31dec15 Buy-ins *100 shares 27.00
Cash Dividends earned 337.88
Total Cash Available 364.88
TSX 2012 BookBuilderTM Portfolio Value
(including dividendsª) 31 March 2016 / 30 November 2012
8615.90 /6391.00 Gain 40.0
months
34.81%
IRR pa 9.37%
Removal of ‘Quantitative Eating’ combined with oil and gas bloat made unusual down-side
volatility in all markets these past 18 months. To fuel that, older Greece and newer China issues
added spooky gossip, a ‘sea-change’ of stoplosses was triggered by these gossip storylines.
Balance sheets did not flip-flop. Portfolio managers did, unrelated to ‘fundamentals’ of value
investing15
. Our tighter $toploss values reduced risk of loss. All of the stocks in our public
portfolios16
simply rebounded. Most, still trading well above Risk Price can be bought back for
less. Take the ‘short-sell’ bonus and buy those back. We hear the ‘mooing’ as higher
employment spreads through Europe due stagnant oil price; and, Russian and Chinese theatres of
proxy conflict. Less gossip, more go-sip a tea on your earned break, gets things done.
Collaring options we prefer using give more gains but requires a lot more attention. Stoploss is a
simpler approach. Again we must rebuild for gain hopeful calmer markets will soon return. Price

12. “
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The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
has no mass - gravity like gossip fluctuates, apparently both being ‘dark energy’ forces.
Political shift to fuller renewal of infrastructure is now at forefront with income equality. All the
‘canards’ and other ‘Daffy’ ‘Donalds’ walk the political stage of this season while the real
economy slowly inches recovery forward, absorbing those persons’ abuse of ‘credit float’ in the
sea of moral hazard they had created. Manager avatars like ‘Donald’ have much to account.
The reality that ‘treacle-down’ never worked is roosting, as much as, austerity is impoverishing
in hard times when innovation and investment are needed to ‘credit float’ warranted investment
in valiant business processes and enterprises in the real economy. Austerity drains ‘credit float’
from worthy enterprises as otherwise add worth and wealth in their business process, making
‘money’ to put in our pockets and allocate as we wish or save in ‘likeable’ equities hopeful of
gain. Cash is better ‘cached’ into capital-creating ‘likeables’ equities, adding worth for you.
New TSX 2013 Portfolio Buyins *100 shares
Set 31 August 2013
6282.00
(See prior posts for early trading history) SF
(Risk Price)
Stoploss
Buy-ins 31dec2015*100 shares each
Altius Minerals Corp. ($9.5 stopLoss 07jan16) ALS 10 9.8
ATS Automation Tlg Sys Inc. ($10.9 stopLoss 05jan16) ATA 11 8.8
Lake Shore Gold Corp. 1.89 LSG 1 1.7
Buy-ins 31jan16*100 shares each
ATS Automtn Tool Systems Inc. ($9.8 stopLoss 03feb16) ATA 11 8.8
Choice Properties REIT ($11.7 stopLoss 08feb16) CHP.UN 10 11.9
Chorus Aviation Inc. ($5.1 stopLoss 10feb16) CHR.B 5 6.2
Intertape Polymer Grp Inc. 18.61 ITP 15 17.2
Just Energy Group Inc. ($8.8 stopLoss 10feb16) JE 6 6.8
NovaGold Resources Inc. 6.58 NG 4 5.8
Buy-ins 29feb16*100 shares each
Extendicare Incorporated 9.41 EXE 7 8.8
Guyana Goldfields Inc. 4.53 GUY 2 4.0
Just Energy Group Inc. 7.72 JE 6 6.8
Northland Power Inc. 21.42 NPI 15 20.0
OceanaGold Corporation 3.57 OGC 2 3.1
Premier Gold Mines Limited 3.10 PG 1 2.7
New TSX 2013 BookBuilderTM Portfolio
(including dividendsª) 31 March 2016 / 31 August 2013
7971.90 /6282.00 Gain 31.0
months
26.90%
IRR pa 9.86%
Net Current Cash after 31jan16 Buy-ins *100 shares 21.00

13. “
Page 13 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Net Cash * 100 (stoploss sakes) 4770.00
Net Cash for Buy-ins *100 shares 4791.00
(See prior posts for early trading history)
SF
(Risk Price)
Stoploss
Buy-ins 29feb16*100 shares each
n/a
Net Current Cash after 31dec15 *100 share Buy-ins 59.00
Cash Dividends earned 229.90
Total Cash Available 288.90
New TSX 2013 BookBuilderTM Portfolio
(including dividendsª) 31 March 2016 / 31 August 2013
7971.90 /6282.00 Gain 31.0
months
26.90%
IRR pa 9.86%
(Pending Need for Change or investing new Savings)
Advantage Oil & Gas Ltd. 7.13 AAV 5 6.4
Choice Properties REIT 12.37 CHP.UN 10 11.9
Great Canadian Gaming Corp 18.61 GC 14 16.4
BookBuilderTM New TSX 2014 “Likeables”
$5,000 Portfolio (31 August 2014 *100 share Buy-ins)
4871.00
(See prior posts for early trading history) SF
(Risk Price)
Stoploss
Buy-ins 30nov2015 *100 shares each
Chorus Aviation Inc. ($5.4 stopLoss 11jan16) CHR.B 5 6.2
Kirkland Lake Gold Inc. 8.37 KGI 5 7.3
OceanaGold Corp. ($2.4 stopLoss 07dec15) OGC 2 3.1
Premier Gold Mines Ltd. ($2.5 stopLoss 18jan16) PG 1 2.7
Buy-ins 31dec2015 *100 shares each
Alacer Gold Corp. ($2.5 stopLoss 20jul15) ASR 2 2.1
Guyana Goldfields Inc. 4.53 GUY 2 4.0
Lake Shore Gold Corp. 1.89 LSG 1 1.7
NovaGold Resources Inc. ($5.5 stopLoss 12jan16) 6.58 NG 4 5.8
Buy-ins 31jan16 *100 shares each
Chorus Aviation Inc. ($5.1 stopLoss 10feb16) CHR.B 5 6.2
BlackBerry Limited ($9.3 stopLoss 09feb16) BB 8 9.4
Premier Gold Mines Limited 3.10 PG 1 2.7
Western Forest Products Inc. ($1.9 stopLoss 03feb16) WEF 1 2.1
Buy-ins 29feb16 *100 shares each
Advantage Oil & Gas Ltd. 7.13 AAV 5 6.4
Extendicare Incorporated 9.41 EXE 7 8.8

14. “
Page 14 of 16 March 2016 © Copyright StockTakers Limited, All Rights Reserved. Copying Prohibited.
The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Just Energy Group Inc. 7.72 JE 6 6.8
Nevsun Resources Ltd. 4.20 NSU 3 3.8
BookBuilderTM New TSX 2014 “Likeables”
(including dividendsª) 31 March 2016 / 31 August 2014
4794.70 /4871.00 Gain 19.0
months
98.43%
Net Current Cash (after 29feb16 *100 share Buy-ins) 77.00
Net Cash * 100 (on stoploss sales) 0.00
Net Cash for Buy-ins *100 shares 77.00
(See prior posts for early trading history) SF
(Risk Price)
Stoploss
Buy-ins 31mar16 *100 shares each
n/a
Net Current Cash after 29feb16 Buy-ins *100 shares 77.00
Cash Dividends earned 70.70
Total Cash Available 147.70
BookBuilderTM New TSX 2014 “Likeables”
(including dividendsª) 31 March 2016 / 31 August 2014
4794.70 /4871.00 Gain 19.0
months
98.43%
This result is far less than our expected long term tendency. However, it is cause for celebratory
hats and horns. This portfolio has gone through 19 months of volatile and negative market
behaviour, its entire interval. The TSX is still down at 86.36% over the interval. This month this
portfolio is 13.98% higher than the TSX, demonstrating resilience from the robust Risk Price
driven methods even when using the less effective stoploss regime. The modest ’short sell’ of not
buying back at higher price than stoploss has limited capital erosion during these negative times,
while showing the long term tendency for gain by staying in the market as it gyrates on gossip.
Our options trading based on Risk Price indications testing the market is aggressive and needs
prompt attention filtering offers in the options market.
Risk Price is about knowing more than the rest, more than conventional fundamentals offer to the
investor at any scale of portfolio. We know the pursuit of framing options to collar exit or holds
guided by the Risk Price is more lucrative. That takes too much attention for the small investor
who just wants to save and build wealth hopeful of gains better than inflation in the long term
and be liquid all the while ready for difficult times when they need some ready cash help,
drawing on their wealth, for helping themselves or their dear ones. Stoploss does that passively.
Vigilance while these below are nearing but still trading below Risk Price and not yet “likeables” so are
still not risk averse buy-ins.

15. “
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The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
Artis Real Estate Investment Trust 12.40 AX.UN 14 12.1
Canadian Energy Srvcs & Tech Corp. 10.34 CEU 8 2.2
Enerflex Ltd. 4.42 EFX 19 8.7
Engage “likeables” and save your own bacon.
The conventional investment industry cannot prove any of their assumptions underlying their
methods, whose results are 1.03:1, like17 a coin toss. Avoid those Artful Dodgers playing dice with
your wallet. Investors need a real compass18. Risk Price shows their way. Our TaxCharityTM gives
proof. In the spirit and tradition of real science of Bacon and Newton we feign nothing; our
demonstrations are in real time with real consequences obtaining real benefit to investors’ wallets,
because we can.
In our Modal Geometry theory of the firm we make only two assumptions, clearly as follows:
1. there is a balance sheet of the firm (that the rule of law governs its information is possibly
weak assumption but at an accuracy to at least the modest degree accountants are prepared
to be responsible for); and,
2. the firm will vigorously negotiate, “what it owns” (in order to stay in business “what is
owed to it” with “what it owes” and vice versa, to make the best of what it has, that is in its
trading connections).
The Modal Geometry theory of the firm has unfolded more by rigourous observation in the real
world of corporate ledgers relation to balance sheets. That is aided with logic, epistemology, and
some powerful mathematics, real science, not conventional assumptions with little relevance but
gossip.
Our reasons for having any equity in our portfolios are clear, concise and consistent. “likeables” are
equities shown valued by investors, tending to continuing gain, which investors have demonstrated
a determination to buy and hold at stock prices above the Risk Price. “AlphaSmartTM gains, Capital
Safety and Liquidity” are consequences we obtain through risk aversion that our Risk Price
enables. That is proven.
Proof is positive, in our TaxCharityTM and BookBuilderTM portfolios extending our proprietary
information to small investors. The BST-Solo50KTM and ABC-ZsTM suit larger wallets. Because
we can, while the entire financial industry is so busy blowing bubbles19
with cash from your wallet.
Know What You Have. Have What You Know.
Our risk averse view works. The proof of our method is clear and forthrightly shown. Of course we
require 2&20 fees for doing that, or utilize our 12% Bond. Mail us for our help.

16. “
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The author does not provide investment advice. In order to use reproduce or convey the material herein,
in any way, written agreement must be obtained from the author or its agent Architypes Inc.
StockTakers Limited is an Alberta corporation providing information on “likeables” equities.
StockTakers Limited encourages your seeking tax law advisor for capital gains tax dispositions.
Defending Your Capital
BookBuilder™ is about Simply Keeping It, Yours
31 March 2016 Update
It is the price of risk20
because that’s the price at which we can reasonably expect to get our money
back with a possible and hopeful return that exceeds the rate of inflation. That proof is here in your
hands, as we continue to show as above, because, we can.
Know What You Have, and only, Have What You Know.
Our view is risk averse. Of course we require 2&20 fees for doing that. Mail us for our help.
Hans Goetze,
Architypes Inc. architypes@gmail.com and StockTakers Limited
Head Office
76 Midridge Close SE
Calgary, AB
T2X 1G1
351 Chemin Boulanger
Sutton, PQ
J0E 2K0
450 538-1270
1
http://riskwerk.com/2012/06/05/economics-is-confusing/
2
http://riskwerk.com/2015/08/27/pi-extreme-economics-the-worlds-bubble-wrap/
3
‘Father’ of Modern Portfolio Theory, Peter L. Bernstein, became disaffected realizing it was exposing investors to risk
while productive way for making the professionals a living http://www.e-m-h.org/Bernstein1999.pdf
4
E. Goetze,“The Modal Geometry of the Firm and the Balance Sheet Worth of the Trading Connections”, 2006
5
http://riskwerk.com/2012/09/22/popovicius-volatility/
6
http://www.economist.com/news/leaders/21676767-entrepreneurs-are-redesigning-basic-building-block-
capitalism-reinventing-company?cid1=cust/ednew/n/n/n/20151022n/owned/n/n/nwl/n/n/n/email
7
banks have paid nearly $230 billion in litigation costs since 2009 http://www.reuters.com/article/2015/01/13/us-
banking-litigation-research-idUSKBN0KM10G20150113
8
http://www.marketwatch.com/story/only-a-black-swan-will-bring-back-stock-volatility-2014-05-18 These Goldilocks
and the Black Swans are confused by the tales even the VIXens siren to investors.
9
http://www.slideshare.net/HansGoetze/medieval-diet
10
http://www.economist.com/news/leaders/21676767-entrepreneurs-are-redesigning-basic-building-block-
capitalism-reinventing-company?cid1=cust/ednew/n/n/n/20151022n/owned/n/n/nwl/n/n/n/email
11
http://www.slideshare.net/HansGoetze/the-corporate-social-on-our-best
12
http://www.slideshare.net/HansGoetze/stocktakers-12-bond
13
http://riskwerk.com/2012/09/22/popovicius-volatility/
14
http://riskwerk.com/2013/05/03/the-sp-tsx-hangdog-market/ ; http://riskwerk.com/2013/05/21/the-sp-tsx-
hangdog-market-2/ ; http://riskwerk.com/2013/08/10/the-sp-tsx-hangdog-market-3/
15
https://en.wikipedia.org/wiki/The_Intelligent_Investor
16
http://riskwerk.com/2013/05/18/the-real-intelligent-investor/
17
http://www.slideshare.net/HansGoetze/the-grail-and-the-goat-portfolios on North American markets the combined
average result of ‘managers’ investment models is 1.03:1, statistically no better than monkeys tossing coins or dice as compared to
Risk Price driven ‘likeables’ portfolio showing 2.28:1 of the equities gain for long periods, the rest is ‘gardening’
18
http://www.slideshare.net/HansGoetze/orienteering-among-magpies
19
http://riskwerk.com/2013/10/14/asset-bubbles-day-october-14-2013/
20
http://riskwerk.com/2012/08/26/the-price-of-risk/