Way to go Soren on your StockTwits financing. I met Soren on my blog. He is a pesky commenter with great market insights and a love of the markets. He is a nerd yes, a minus, but a cool one with a biting sense of humor (plus, plus). He knew I loved Twitter and had …
From: September 2008
Warren Buffett Predicted 'The Splurgee'
I laugh at people that consider themselves value buyers in the stock market. I would not give one of them a dime of my money, just that of my enemies. I would only give the old fart Buffett my value money who penned this in his 2005 shareholder letter hat tip The Chairman : “We …
SPLURGE = CHAOS
Roger has another great in-depth post on the bailout and the problems here. I prefer to keep it simple and just look at the prices. They imply CHAOS. Not a little chaos, but big FREAKING CHAOS. The chaos that has me short some consumer stocks like DECK and BBY and long mucho gold that has …
Do You Have a Question FOR Barney Frank? NOT THE COP
Good morning, Howard. I’m the Web Editor at The Takeaway (http://www.thetakeaway.org), a new national public radio show. Tomorrow (Tuesday) morning on our show, we’re going to be talking with Barney Frank, the chair of the House finance committee about the Wall Street rescue plan. I’m looking for interesting bloggers that might have some intelligent questions …
You say Splurge, I say SPLURGEE, Either Way You Get INFLATION!
It was Sunday and it was hot here in Phoenix today, so the kids and I were at Dairy Queen for a snack. I had my usual cherry ‘Arctic Rush’ (slurpee) and proceeded to drink it too fast. Of course I got a headrush followed by a headache. Last Thursday, the financial markets got ‘The …
Surviving The New Financial Frontier
Like I said yesterday, if you missed the market moves of the last few days or last few months, NOW is not the time to play catch up. You know that the market is the main topic of conversation when Bill Maher takes time off from ripping the Bush Administration on Iraq to discuss the …
Adios Free Markets…Mixed Feelings Today, But Tomorrow I will HATE IT!
I have never woken up to bigger gains in my portfolio and they have never been less deserved. If I had not taken the time to buy some stocks into the mess from the golf course yesterday and cover most of my shorts, this morning would make this one of the worst. I would not …
The Dow Moved 1,000 Points…and StockTwits Helped Me Through The Madness
Crazy day indeed. I am hearing that it was total madness on CNBC. The market won’t be fixed until CNBC goes away. We live in very disturbing times when people still must get their financial news from a criminal enterprise. I commented at one point on twitter that I saw 16 faces in boxes on …
Why SHOULD Wall Street Remain The Same?
Lot’s of yabbering on CNBC by Mr. Cramer about the end of the banking system. With all due respect to the godfather of financial blogging, shut up! You were just calling the banks a buy over 1,200 Dow points ago. I promise you nothing has changed except the view of the world with egg on …
Global Financial System
Here’s a nice little rendering that Soren has made about our current global system. Enjoy!