There are a couple of reasons why I beat Buffett, and it is not because I am smarter than he is or a more successful stock picker.

September E-mini S&Ps (ESU14 -0.58%) this morning are down -0.57% at a 1-3/4 month low and European stocks are down -1.42% at a 4-month low as the global stock market rout continues for a second day.

The average score across small cap is 44.03 this week, below the four week moving average score of 45.17. The average small cap stock is trading -27.17% below its 52 week high, -5.36% below its 200 dma, and has 8.93 days to cover held short.

Today we have news of a water crisis in Brazil; stock down ratings in Jordan, London, and Dubai; my advice for an Irish bookie; news on Mongolian real estate; a profit warning from Canada,a comment on Portuguese telecoms; news on the first company in our portfolio hit by Putin's Crimea land-grab; a note from Thailand; and a really raunchy new stock pick.