I thought I'd ask again to give someone the chance to answer correctly. The answer I got - that people in 1999 who went long were stupid but today...
I think my point has become obscured. In 1999 everyone thought the stock market would go up forever because of the internet. Today everyone...
Interesting you should mention stops. The problem right now is that everyone thinks the Fed is providing the stop for us, no?
The internet did indeed create wealth. The <i>internet stock bubble</i> destroyed wealth on an unprecedented scale. My point was that near...
1999: The internet is the most revolutionary invention in history and will dramatically change every aspect of human interaction. We are in an...
It's lose-lose for Cyprus, that's for sure. Now.. anyone on here reckon this won't escalate? Or will Draghi and Bernanke keep saving the world for...
But I have a feeling you will understand by the end of 2013 :)
You clearly don't understand the concept of bear market rallies ("dead cat bounces") which are far more rapid and dramatic than true bull markets....
http://www.telegraph.co.uk/travel/picturegalleries/9945516/The-worlds-tallest-hotels.html A new world's tallest hotel, the JW Marriott Marquis...
Meredith Whitney has recently capitulated, saying she is now more "bullish on US stocks than at any time in her career". Bob Janjuah and Nouriel...
These people (ok not necessarily corporate finance guys) put their bank's balance sheet at risk and expect to walk away with 10% of the upside and...
Thanks for the insight, Smoker. It's interesting that pretty much all the big investment banks have been in the market making business for...
Yeah but I bet the cat can't charge 0.5% of assets under management. THAT's the art of investment management: gather up a shit load of funds and...
It'd be great to start your trading career with $100K of debt. That's some serious motivation :)
Loeb is arguing that whilst black may not be white, it can certainly pass for grey. But let's face it, we live in a regulatory world which let...
I know what it's like: "Hey, hey, you're a trader - tell me, what stocks should I buy?" --- "Actually I trade futures, not stocks, and.."...
Thanks for the advice - I'm sure it's well intentioned. But.. were you also saying this at the end of 2008? :) I figure you're an experienced,...
Now that members of the public have found out about how poorly hedge funds have been doing by reading the popular press, we are likely to see huge...
Because they either: i) are still in the super profitable stage immediately prior to blowing up ii) can't remember the last time(s) they blew up
Templeton=essentially be the Warren Buffett of non US markets, buy and hold with multi decade patience. Discreetly give up US citizenship and move...
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