Monday, August 13, 2012

Oh well...

Just take a look at the chart below and know that Bill Fleckenstein was calling for a short back when it lived in those peaks on the left side.  Imagine buying some long-dated puts on that sucker...

at
Labels: ,

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...

  • Days Like Today
    Are when the contrarian should think about buying.  And so I tried.  Some AUY LEAPS (filled) and a small mining services company that I like...
  • In a Nutshell
    In his most recent post , Michael Pettis explains the problem of investment misallocations and too much debt, simply yet brilliantly (his po...
  • Definition of Insanity
    I found the following quote from a 1991 paper by Harvard professor Greg Mankiw interesting: "At any point in time, policymakers with...