my point is: yes, all government action will be paid by the people. but we do not know if the price is not worth it. if i want a parachute i do...
let us face it: NOBODY knows what will happen to a complex system of the magnitude as we see it in today's economy, when certain pillars fall....
BTW i find it even tougher that he SOLD it ...
good that finally someone with such clear perspective enters the discussion.
but my true point is: WB ran a crusade against this kind of product. admittedly it is a relatively simple one, but nevertheless it IS a complex...
i am very suspicious to this kind of trade. usually there is an effect that fools the human eye. in this case for example it looks like an...
BTW in these days marked to market becomes an issue even for very long term investments. do not forget that, be the option as much european as...
"Buyers of the derivatives would be entitled to billions of dollars from Omaha, Nebraska-based Berkshire if four stock indexes drop below...
no. there is no free lunch. this is a zero sum game. actually adjusted for all brokerage involved in rebalancing the hedges, it is a negative...
touche. in fact i know nothing about him.
you'd better know the game very, very well to get into this playground. many have burnt the fingers up to their shoulders in these great trades...
it is impossible to determine whether that was a great trade or not if you don't have the deal specifics and thus can derive whether the options...
sorry my dumb question, what does "off the counter" exactly mean? we are not talking "over" the counter here? where GS could easily be the...
i doubt that volwswagen or BMW workers or guys at daimler earn less or have less privileges than GM or F. the US guys got it wrong for quite...
now what a surprise.
joab, same thought here. we are at the volatile bottom of the major US indices. i do not expect to see the sp far north of 1.000 any time...
... why the hell did he do that? does not sound at all like the person i used to see in him. but i have never been a devotee in the first...
that marks another important milestone in this turmoil IMO.
the problem with the current mess is that many of those responsible acted bona fide. greenspan was very sure he did the right thing. and those...
i don't talk about backadjusted prices.
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