It is hard for me not to buy a market like this the last week. Today is one of those aberration days that you can’t predict and it’s why MONEY MANAGEMENT trumps all. The Chairman has a great post up that shows you the VIX since the 1980’s . If you puilled this chart out …
From: September 2008
All Bets Are Off…
First off…I apologize. On Friday I blogged ‘To Splurge or Not to Splurge…It’s Obvious’. Well, I guess not! I have been very patient telling people to stay away from this market since January, but Thursday and Friday I was buying and rather large quantities of Apple, Amazon, Google, Russia and Gold. Other than Gold, it’s …
No BAILOUT for Us Regular People…
This is the shit that happens when you can’t get a bailout…
BAILOUT!
We will know more Monday at the close what the world really thinks about the Bailout that the great John Carney has been covering for us all so well over at ClusterStocks.com this weekend. I have no opinion as I am the only honest guy telling you that no one knows what is going to …
A Memo to Washington DC – Re: Wall Street
Congrats to my pal Barry who somehow finds the time to write when he is not shouting :) A Memo Found in the Street By BARRY L. RITHOLTZ Uncle Sam the enabler. To: Washington, D.C. From: Wall Street Re: Credit Crisis Dear D.C., WOW, WE’VE MADE QUITE A MESS OF THINGS here on Wall Street: …
Lindzon and His Flip Video Go To The Dentist
I love my Flip Video, but I rarely make my own videos because I don’t know how to edit worth a shit. My buddy Knut and a long time limited partner in my fund, who chips in around Lindzon Corporation, does. I have been chronicling some of my dental woes and so I hope you …
To SPLURGE or Not to SPLURGE…It's Obvious!
I am really hoping cooler heads prevail over in Congress and Capitol Hill or wherever Paulson/Porn is bending over. Fred Wilson has taken the time to make up the name and aptly so. We have a number, $700 billion, that is just barfed up. It is jammed down our throats by the yutz’s who pulled …
Research In Motion (RIMM)…R.I.P.
It’s hard to think about stocks when your son has flag football. This is a picture of my boy Max dreaming of Candy and Football. He just got his cast off, the cast he had to wear from me breaking his knuckle with a perfect spiral a few weeks back. The lawyers will settle out …
Financial Leverage…Bad. Social Leverage…Good.
While most people remain glued to the TV watching the trainwreck of our financial system as a bunch of clowns try and untangle the mess, Digg raised $28 million to buy computers and hire 100 people. How are they related? Digg, is a social leverage machine. It’s all about leveraging the community. Lot’s of the …
Climb Aboard The Witchhunt…and a New Bull Market?
We have got a good old fashioned witch hunt brewing on Wall Street. The witches are banking executives with huge pay . The hunters are everyone but them. I am not a fan of witchhunts, but they generally get shit done. Nobody is innocent in all this, so please no crying from the left or …