At Zero Hedge there was this post on market manipulation. Is this an admission by Goldman Sachs that there is the possibility of manipulation in the market? Does anyone think that this is the only program in the world that can “manipulate” markets? With all the programmers in the world, we can only imagine how (more…)
Many complain about the mainstream media in how they miss points, and how they keep looking at the bright side of things without seeing the dark side. Well, Bloggers need to get a life. For the most part I have completely ignored blogs like Mish’s, and How I Made My First Million at 33, and (more…)
So I was reading this New York Times article, and it said the following: But even if nobody achieves album sales on a Jacksonian scale, couldn’t he or she be an artist every bit as popular, every bit as loved, every bit as listened to? Probably not. The pop-idol field — like every field that (more…)
Oddly enough I seem to be getting quite a few requests asking, “so Christian what are you investing in?” Since the beginning of this year I have been advising my mother on her investment portfolio. Though she does give me quite a few good tips as well. She started investing again this year and her (more…)
I was asked by Bill: How would “the USD being dropped as the global reserve currency” factor into your recovery predictions? and why? First of all lets talk about the elephant in the room. Will the US be dropped as the global reserve currency? Yes! Will it be tomorrow? No! The USD will always have (more…)
Disclosure: I had a Microsoft position which I unloaded at a slight profit due to the fact that I have lost complete faith in the current management of Microsoft. I was surfing the web and every now and then I like to check the website MSDN.Microsoft.com. I check it out because I write .NET code, (more…)
Chris wrote to me the following comment: Debt is the biggest issue facing us all. I found this video on YouTube which really opened my eyes to the importance of getting out of debt: http://www.youtube.com/watch?v=50bWUrKAbwU I am sure you will be as amazed as I was. Chris, sorry to disappoint you, but I was not (more…)
The market is oh so predictable… I kid you not. On April 6, 2009 I wrote the following email to Squawkbox Europe. Me I think this will last till around June before we start pulling back slowly with no major selloff. Just dribs and drabs as the market and economy begins to recover… So what (more…)
Bill commented (and I have had others say the same thing) this was not one of your better postings…I think you are missing the point about the debt-is-bad argument. I don’t think I am missing the point and I will explain my thinking. You see this “debt is bad” argument in my opinion is the (more…)
First up we have Nassim Taleb, who is crying wolf on how the government will fail us again. "The way to restart everything is restructuring, conversion of debt into equity, convince people that debt is not good," Taleb said. Gee Taleb, you are only 600 years late to the party! DEBT MAKES THE WORLD GO (more…)
