Tony Daltorio

Debunking the 'Too Big to Fail' Myth Once and for All

Explain to me why I should own companies who deal in paper assets with no real demand and an endless supply when I can own companies who own REAL assets with finite supplies and fast-growing demand.

You can keep the banks, I'll take the natural resource companies.


On Oct 14 01:33 PM DonFurio wrote:

> Another short busting day!
>
> Look, the banks are already heavily regulated. The shadow banking
> system was not. There is still plenty of competition, but guess what
> a lot of people like having their products with a national bank as
> long as the pricing is right. People especially like having an atm
> in every city they go to.
>
> Also, many of the people you mentioned that want to break up the
> bigger banks, which won't happen by the way, are either perma bears
> or wall street haters and have something that they would personally
> gain from it occurring. Too bad you didn't have the guts to buy the
> KBE or XLF earlier this year, maybe you'd be singing a different
> tune.

Don't Bet Against the Bond Market

I totally disagree with the author - I do NOT invest in bubbles and the Treasury market is the BIGGEST bubble I have seen in nearly 30 years in the investment industry.

And I'm not a gold bug as John Galt seems to suggest that everyone is who disagrees with the article.

Five Reasons the Market Could Crash This Fall

Interesting article. What is even more interesting to me are the commenters.

I have seen a lot in my investment career - since 1981. What I am seeing right now is that the average investor, as represented by the commenters, have learned NOTHING.

They actually believe the CNBC kool-aid that an economic recovery and a new bull market has started in the US.

This may be true elsewhere in the world, but not here in the US. Nothing has changed, except that the government has done two things - they have put band-aids over the major economic wounds (which will not hold long) and they have gamed the system even more in favor of the casino owners on Wall Street.

Geithner's Outburst Was Misdirected; Read the Riot Act to Bankers Instead

The author is generally correct - the greedy Wall Street banksters are to blame for much of the economic mess we are in.

I don't blame Congress, just like I don't blame Timmy Geithner. They are only following orders from their Wall Street masters who have bought and paid for both political parties.

Citigroup Is Not Increasing Employee Compensation

Citi employees should meet the same fate as employees in any bankrupt company - out of a job and on the street.

Buy and Hold Is Alive and Well

You would have made a stronger argument if you would have included bear market years - say take the 20 yr period from 1969 to 1989. Financial market history did not just begin with the advent of the bull market in the early 80s.

Ignore the Investment Advice You Hear on TV

Investors need to learn to think for the themselves!

CNBC is simply America's version of the old Soviet news agencies - PRAVDA and TASS.

Too Big to Fail Still Has Defenders

The problem is that the too-big-to-fail firms are all so well politically connected. Instead of letting these firms go the way of the dinosaur, the political pals of these firms will bleed the country dry.

Why GM's Wagoner and Not BofA's Lewis?

We have 90% of the senior management still in place at the big Wall Street banks. I predict that a new bull market will not get started until these greedy pieces of "deadwood" are removed and trust can be restored in our financial system.

Bank Nationalization: It's Just Plain Wrong

Your solution may work but the problem is time. Are you willing to tell the American people that, because of 30-1 leverage and higher that bankers were using, they should be prepared for possibly Decades of no or low economic growth??

Why Is Everyone Blaming the CEOs? It's the Government's Fault

There is more than enough blame for everyone -- All the jackals on Wall Street, the scumbag politicians from BOTH parties and the selfish Baby Boom generation that is in charge of both the government and Wall Street.