punk_ash

Forget the 1930s; We're Reliving 1975 (Part 1)

everyone wants to play statistician now. 13 recessions are studied as if they were 1300. 13 is not enough data. That is why I like Bayesian view point, that is, when we have the extra information, why not incorporate that in our model, and it seems that the unknown information about the current things is not that great.

Has anyone every bothered to consider that the baby boomer generation had better work ethics than we do.

Am I missing something, unless, I see some serious exports, I do not see a way out of it. Yet, GW took vacations every week with each vacation costing 100k and Obama wearing 3k suits and going out for a night on the town. May be I am old school, if I were running an administration, I would even limit useless trips by government officials all over the world.

Citigroup: Bargain Basement Price for Long Term Investors

Thanks for this stunning article and that rigorous analysis. It must have taken you at least 2 minutes to write it. Keep up the good work.

Where Citigroup Went Wrong

The day I saw this guy for the CEO, I knew it was a bad pick, the guy has yet to show any CEO like qualities. He is not a banker, some hedge fund guy and Citi is a bank

What Do We Need In 2009? More Failure

I disagree, lots of companies are failing and no one is bailing them out. Financial Institutions is something that can not be allowed to fail, some of them can be allowed to fail and they were let go. If there was not such a bad recession on the horizon, the GM bailout may not have happened either.

How is AIG bailed out. The equity went to 0, who really got bailed out, probably the counter parties got bailed, which means the system got bailed. The right thing to do.

The government is doing things correctly.

Why I Need a Government Bailout

Its not funny. There was no other option but a bailout. I will rather never be in a position of a Bailout, people who get bailed out are mostly foolish and the ways of the world does not forgive foolishness.

Wall Street Says 'Oops'

I think it is time to start buying growth stocks, slow and steady, and not all at once, do not worry if things go down more. We are already buying 3000 points below the all time high on Dow. I will be horrified if Dow goes below 10000. I am hoping to do the buying between 10K and 11K.

Goldman's Hit List - Cramer's Mad Money (6/19/08)

stop spamming richard

Hyperinflation, Here We Come

good article, and what is wrong with you people just insulting the author. What he is saying is correct and he is advising us to buy hard assets. He is right about that. All countries are printing money and the long term trend for all currencies is down versus the real assets.