Monday, March 18, 2013

Quote of the Day

"Like all bubbles, the suppression of volatility and suspension of disbelief is strongest right before the reversal of fortune."

-From Hayman Capital Management investor letter, 11/15/12
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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...

  • A Trade
    In light of my previous post, here's what I'm thinking: buy some GLD $180 calls that expire 3/16/13.  Right now, you can get them fo...
  • 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...
  • Rational Thinking
    When it comes to understanding what's going on in the world -- and, by that, I mean the real facts and actual implications, rather than ...