No. My point is that he made a binary bet and it didn’t work out. It has nothing to do with falling knives.
it doesn't really matter how big he was. My point is that the falling knife statement is way overplayed. He took a binary bet that Bear Stearns...
If he had caught the same falling knife in March 2009, today he would have made 10x his money.
If JPM hadn't screwed up the deal and the original $2 bid stood, they would still have a long way to go.
The hardest part of investing is what you do when you are losing a lot of money. Rather than coming up with an options strategy (especially...
This mentality only works if you goal is to not make money. Why would you ever own a stock that you only “wouldn’t mind owning?” Either you...
Close the atm before end of the year. “Like kind” for wash sales is a bit vague.
You should spend sometime studying your own biases.
Hopefully you won’t get diagnosed with something really serious. The problem with health insurance isn’t the daily use of a doctor. It’s that one...
You keep bringing up my account balance without knowing anything about me. It’s a typical argument on this site that’s made when you have nothing...
Mass health insurance is bonkers compared to other states
Correct, the tax cuts did nothing but inflate the stock market. Their pay shot up because there is a shortage of hourly employees. I believe...
She went to Chicago. Very few of her colleagues started businesses. Most went to banking and consulting. Since then they have spread out but...
You think that Banker comps 10 years out of Bschool compare to other endeavors 10 years out? I don't see that in my wife's MBA class (she...
Only in comparative terms. I own a manufacturing firm. The decision to build a new plant will not be based on taxes but rather demand for...
You can’t hedge as that’s the risk you are underwriting. You can spread it but that is a different specific view.
Soylent green.
Typically yes
A black football kneeling is disrespectful American soldiers. A white hick killing an American soldier is heritage.
Separate names with a comma.