tedstr

Greenlight's Einhorn: Buying S&P 500 and General Electric Puts

You guys saying leverage was not the problem is like saying the teenager who had a few beers driving a wreck at 75 MPH on a country road, speed was not the problem when he kills himself.

Irresponsibility, equipment quality, bad judgement, and speed (leverage) ALL were the problem except that your odds of surviving the wreck at 20MPH are way better

General Electric: Not Quite a Value Trap, More Like a Value Pit

GE is the perfect analog for the go-go duo decades of '80-'90s. Does anybody really believe that this company transformed itself making locomotives, lightbulbs, dishwashers, and that six-sigma BS. This company simply rode the greatest wave of consumer debt bulid up and the financial alchemy that is consumer finance that anyone has ever seen and now they will pay the price. Unfortunatley, when their world got rocked, they started burning the furniture to keep the house warm.

Pay Little Heed to Economic Reports and Move On

better than that...the real story is the end of the Wintel monopoly. Intel chips in Macs and dual operating environments means every PC owner lusting after a beautiful Mac now has no barriers to entry. This is why their laptop business is booming and a wholesale switch to Macs is on. The phones are a sideshow to this phenom.

This is why Gates is retiring, Vista was an attempt to mitigate the damage by emulating an Apple interface, gone horribly wrong, and Balmer is gone nuts over MSN, his only lifeboat. Buy apple, sell MSFT

Why Is Everybody Selling as Buffett Is Loading Up?

Can't get a deal like Buffet? What's wrong with Citibank Preferred at 11-13% yields? Don't you think Citibank is too big to fail. Buffets warrants in GE are alredy underwater