Chapter 4 is titled, “Delusions of Value: The Myths and Misconceptions of Junk Bonds in the 1980s”. In reading this chapter, the thought came to me that one could just as easily substitute “Housing in the 2000’s” for the actual title as the scenario unfolded the same. The true irony is that the one who got taken in the 1980, banks, were the ones ones who in the 2000’s did it to themselves.
You know the saying. Those who buy the “hot trend” do so eventually hoping to sell to the greater fool. In the case of the dollar trade, the greater fool would be the last guy to short it before the rebound.
You know the saying. Those who buy the “hot trend” do so eventually hoping to sell to the greater fool. In the case of the dollar trade, the greater fool would be the last guy to short it before the rebound.
Chapter 3 is titled, “The Institutional Performance Derby: The Client Is the Loser”. This is a must read for every investor.
Chapter 3 is titled, “The Institutional Performance Derby: The Client Is the Loser”. This is a must read for every investor.
Not liking the request for yet another layer of bureaucracy in this speech. “More” isn’t the answer. Would more regulators have caught Madoff? No. They had everything they needed to catch him.
Not liking the request for yet another layer of bureaucracy in this speech. “More” isn’t the answer. Would more regulators have caught Madoff? No. They had everything they needed to catch him.
Goldman Sachs did a REIT presentation the other day and the slides are all over the place. There was one in particular that matters to those of us holding General Growth (GGWPQ) shares.
Goldman Sachs did a REIT presentation the other day and the slides are all over the place. There was one in particular that matters to those of us holding General Growth (GGWPQ) shares.
Subs: A Sale..
After watching my show last night on StockTwits TV this morning, I thought to myself, WTF are you thinking?
A very interesting interpretation if the recent IRS ruling has a profound effect on General Growth Properties (GGWPQ)
A very interesting interpretation if the recent IRS ruling has a profound effect on General Growth Properties (GGWPQ)
Subs: An Etrade Update
Some news over the last day or so means we need to make some adjustments.
Notes from chapter 2, “The Nature of Wall St. Works Against Investors”…
Notes from chapter 2, “The Nature of Wall St. Works Against Investors”…