June 22, 2008
- Bloomberg Radio Interview
OK, no names are used in this post! But holy cow!
In the midst of the sell off this week, Bloomberg Radio interviewed a money manager about the current condition of the market. (…)
May 20, 2008
- How Smart is The Crowd?
Do you remember the television program, "Who wants to be a Millionaire"?The show was actually featured in a terrific book "The Wisdom of Crowds" by James Suriowiecki. (…)
March 25, 2008
- Recession Worse than Expected?
There was an article distributed nationwide, written by the Associated Press, and carried locally in the Asbury Park Press on March 22, 2008. (…)
March 22, 2008
- Goldman Stearns and Lehman Sachs
All these firms hold the same investments.
There is STILL considerable risk in the group.
Why did this happen to just Bear Stearns? (…)
March 16, 2008
- Bear Stearns, part II
UPDATE: Sunday evening, 03/16/2008: Bear Stearns to be acquired by JPMorgan Chase for $2.00 in stock swap deal.
That is NOT a typo!
The stock closed at $30 on Friday. On Thursday, it was $57.00. (…)
March 15, 2008
- Bear Stearns, part I
The news surrounding Bear Stearns on Friday morning was not good! There are several important elements to this story. (…)
February 26, 2008
- Stock market yo-yo
Another Weird Day on Wall Street
Today, Tuesday, February 26, 2008 we received some negative economic news. (…)
February 15, 2008
- Cutting Losses Short
Most Wall Street recommendations to buy are based on projected future revenues and/or projected future earnings. Projected. Or you could say, "predicted". (…)
April 3, 2007
- Re-writing History on Wall Street
No wonder many people have lousy opinions of Wall Street folks.Â
Read on:
Written in Barron's March 5, 2007 issue, Bill Alpert noted that
nearly 20% of "Analyst Recommendations" over a ten year period
from 1993-2002 were changed — after the fact.Â
Twenty Percent! (…)
