hswalj

The Free Lunch Approach to Finance

Just wondering here if the market will punish this attitude/policy of bailouts. Or is the market now in the process of punishing all this bad behavior. Stock prices re-rated assets to reflect the busting credit boom and the grim view of the next few years. With boomers starting to spend less and debt burdening many, spending less than you make is the order of the day. Congress is socializing private debt. What are the consequences? I don't know. I am all cash.

The U.S. on the Precipice

I will never, ever vote for an incumbent for any office.

Bill Gross: The Housing/GSE Bill Is Best Way Out of Credit Crisis

My solution is simply to never vote for an incumbent.

Jobs' Health Is a Matter of Public Interest, Whether Apple Likes It or Not

Here's something you don't get. While you and others may "like" to know Jobs' health. No one or even Apple has the right to know his private health issues unless he can't perform his duties under his contract with Apple.

So Apple is unable to disclose something it isn't entitled to know and does not know in the first place unless and until Jobs has something to say about it.

Lehman: The End Game

Let's end the use of the euphemism "moral hazard". How silly! It is just plain old larceny, theft, stealing; and the citizens, you and me, are the victims.

Vietnam and the New Frontier

My 28 year old son (from Tennessee) has lived in Vietnam for 3 years. I believe it offers a huge opportunity although one can certainly lose money. The war is not part of the consciousness there any more than Germany or Japan is to us.

Are High Expectations Apple's Biggest Challenge?

Just give me average annual 25% return (double every 3 years) from $140 for 10 years and I will be quite happy.