Prudent Man CFA

Risk Taking Returns to the Markets

Risk never left. Doing nothing is a risk. Life is a risk. Unfortunately, we don't know the risks and in most cases don't know the magnitude. Options help insofar as magnitude is concerned.

Risk Taking Returns to the Markets

Doesn't measure the magnitude of the risk compared to the highly questionable gains.

The performers on financial t.v. are once again talking about a nascent recovery. They, like a stopped clock being right twice a day, and we are in a recovery which, show nothing but wishful thinking with little to substantiate what is going to grow corporate income that, if improves, will be overly taxed thus expanding government ownership at the cost of private property.

We have our choices. If you see higher interest rates fixed income (if the Fascists don't continue to abrogate the Law of Contracts) will compete with government controlled equity income. If you see lower interests and continued deflation cash will be worth more than debt or equities with less risk.
All those who are attempting to sell their positions with complex strategies are making the simple complex.

I keep reminding myself the so-called, media manufactured "smartest guys in the room" on Wall Street were greedy idiots. So much for great intellect with stupid execution. Greed blinds rationale, a fact we all must deal with and control to stay in the game over the long haul.

Semis' Downturn - Which Companies Will Survive, Part 2

And if they "survive" will they be hit with and Excess Profit Tax?