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November 14th, 2008 by eyal | Filed under Uncategorized. |
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"The losses forced Freddie to request government funds and the company said it expects to receive the money by Nov. 29. " ridiculous? outrageous? ludicrous? all of the above?
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via Roubini
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some interesting insights here from a chess and martials arts champion
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Joke I heard today:
Q: How do I find a good small-cap fund manager?
A: Find a good large-cap fund manager, and wait.
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"The macroeconomic fundamentals today are much worse. We are in for a protracted period of economic depression – a depression much worse than the Great Depression, a depression that would likely be remembered in history as “The Second Great Depression” or The Greater Depression, as Doug Casey has called it so aptly. Here is why I believe that this is the case. " via Stewie
