tjschoenlein

Why Merrill's CDO Sale Doesn't Mean Big Writeoffs Elsewhere

What the man has to say makes sense and may I add - logical. It sure is refreshing to see someone take the time to articulate the difference in CDO's.. thanks Tom

Pick Up Undervalued Financials - Barron's Interview

The way I see it you got the risk takers.. no risk takers and the fence riders.
It's true, the risk takers are often early to the party..
the no risk boys are always late.. and the fence riders are frozen to the fence and can't make a move.
Somebody is going to lose money.. the early boys will lose at first light and then make the big money.
The no risk boys will make some money but bail out to soon.. (make a little money )
The fence riders.. they just jaw bone waiting to fall off the fence and hope they make some money. ( seldom happens )
Me.. I like the early worm.