jbs

Peru outperformed all global markets in H1 with an 85% gain, while Bermuda trailed the pack at -32%, followed by Iceland at -22%. David Hunkar compares every bourse under the sun.

The Bermuda stock market is tiny and not representative of the companies that are domiciled here. Performance was dragged down by one bank, which subsequently raised capital via a preference share offering. Those shares are up 25%.

The government says its "adverse scenario" two-year loan loss rate of 9.1% is very conservative. Here's why.

Didn't see that one coming. I thought it was a smoothing error with the chart.

The government says its "adverse scenario" two-year loan loss rate of 9.1% is very conservative. Here's why.

Someone please explain why the loan loss rate was NEGATIVE in 1945? I don't believe this chart for a second.

Time To Short Treasuries?

Moderators... please delete duplicate.

Time To Short Treasuries?

A better term for what you are doing is speculation, not investing -- as your position is time sensitive and there is no assurance that you will receive a return _of_ your principle.


On Jan 04 02:53 PM henarl wrote:

> An excellent article by one of the most astute contributors to SA...

Time To Short Treasuries?

A better term that described what you are doing is speculation, not investing -- as your positions are time sensitive and there is no assurance of a return of your principle.

On Jan 04 02:53 PM henarl wrote:

> An excellent article by one of the most astute contributors to SA.

>
> I purchased TBT on 12-23 at $36.557 and immediately sold Mar. 09
> covered calls at $38 for $4.00, making my net investment $32.557.
> TBT is now at $39. If I am called away in Mar. I will make $1.44
> on share price plus $4 option premium, or $5.44 on an investment
> of $32.557 in three months or an annualized return of about 64%,
> counting commisions. If TBT is under $38 on Mar., I will sell more
> coverted calls. If TBT is below $32.557 on Mar., I will have made
> a poor investment.

My All-or-Nothing Strategy

Averaging down with options is not smart. It may work -- but it is not smart in any environment, let alone in this one with the VIX at all-time highs. You are really paying for that leverage -- leverage which would be cheaper if you just bought on margin.

But the real reason it is not smart is because you are substituting a time-insensitive position for a time-sensitive position. You are converting a long term position into a short-term position.

You think you aren't buying on margin, but you are employing another form of leverage -- a more expensive and time-sensitive form.

IAC/InterActiveCorp Q2 2008 Earnings Call Transcript

Did a monkey type this transcript?

There are more "[ph]"'s and all together wrong words than I've ever seen in a transcript before.

Under The Radar News - Tuesday

Soros Video:

news.bbc.co.uk/1/hi/he...

Will Credit Market Flight to Safety Boost Stock Prices?

Another useless SA article.

Shorting the Homebuilders as Their Stocks Surge

Everyone thinks they are right. Half of you will be. Congrats.

None of us knows where the market is going. I just like to get time on my side and average down with a safer index rather than individual stocks that might go to zero.

If I have a specific view and am confident in it then I will take a specific position in a company. But I don't see any level of analysis here that convinces me that anyone is much more likely to be right than a coin is likely to land on heads.

Isn't time better spent looking at the value of individual builders rather than guessing at which direction the market is going?

Uncovering Apple's Missing 2M iPhones

Why can't people accept that it is unknowable?

All the numbers in the world can't solve a problem when the numbers are based on estimates that are based on little-to-no information.

There is a tremendous amount if useless speculation on this point. Consider it unknowable, and uncertainty, and dedicate your time to a problem that can actually be solved.

Murdoch: WSJ.com Will Stay Subscription-Based

Source?

6 Reasons the Market Should Bounce Here

Nonsense. I will never get that 2 mins of my life back. Thanks SA.

After You Buy, It'll Always Go Lower ('The Dick Davis Dividend' Book Excerpt)

If stocks always go lower when you buy, then you'd always make money if you shorted instead of going long, and buying back once the stock went down (after all, they always go down).

What a bizarre comment. I see what his point is but his statement that stocks always go lower is absurd.