ain't no fortunate son

The Unfair Treatment of Certain Common Equity Holders

Good article... when things are great people beat their chests, take all the credit and claim it was THEIR genius stock picking that provided their profits... when reality returns and with it the inevitable crash all they can do is whine and blame the world... it was the mean bad hedgies, shorties, naked shorties, manipiulators, regulators, bashers, media, market makers, specialists, the French, "the big boys", the dog, the boogeyman... never once do they take ownership of their investment decisions or accept responsibility for their failure to get humble, admit the trade was broken, and that they and they alone failed to take loss management actions like SELLING. People who rode these stocks down as they cratered got what THEY deserved... all they had to do to limit their pain was get humble and sell... but this is not a country where humility is in vogue unfortunately... so now we all pay for their arrogance and denial.