Category: Finance

Eye of the Hurricane

Right now we are in the eye of the hurricane. For weeks we’ve heard economists talk about recovery and green shoots. Nonsense. Note that these economists are the same ones the missed the recession and credit crisis in … [continue reading]

The Fat Tail

Last month I attended a lecture by Ian Bremmer about political risk and financial markets. It was interesting enough to inspire me to read his book.

The Fat Tail: The Power of Political Knowledge for Strategic Investing
The Fat Tail: The Power of Political Knowledge for Strategic Investing by Ian Bremmer[continue reading]

My Reaction To What Bernanke Did Today

When I heard The Federal Reserve was going buy Treasuries (aka Quantitative Easing), I couldn’t help think of the final scene in The Planet of the Apes.

You maniacs!
You blew it up!
God damn you!
God damn

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When Fitness and Finance Intersect

Over the past month I’ve noticed my Glitter Gym has become less crowded. Each week I see less and less people. There are less members around in the mornings, late afternoons and even the weekend. Many of the people who¬†… [continue reading]

Not As Short As I Used To Be

At the beginning of the year I listed 633 as my 2009 target for the S &P 500. We came close to that last week. My plan all along has been to lighten up on my short positions as I … [continue reading]

Debt and Leverage

In the article Wall Street on the Tundra, financial writer Michael Lewis can brilliantly summarize the roots of the economic meltdown in just three sentences.

When you borrow a lot of money to create a false prosperity, you import

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