it's a start. There isn't a clear market value yet, but a 78% haircut is a lot...I don't care how toxic those assets are, they're not worth...
I'm up 10% YTD. I use no leverage. Equity/long short. I aim between 10-20% per year, with a slight negative beta. Basically, I aim to offer value...
basically, daytrading is a stupid business. Capital doesn't scale. You have huge variance in your expected earnings. You face gambler's ruin....
I'd be in private equity right now. Everybody on here keeps asking-where do I put my money? 5 years out, any newly formed private equity fund is...
better to go long aerospace. I'm long ERJ. BA may hold some real value. Enough emerging market carriers will pick up the slack for falling demand,...
^the above is correct. U.S. automakers are price takers, not price makers in steel.
Canada ranks number one on the Human development index. There are things I hate about Canada (protectionism of financial services, lagging...
I have to admit, most guys on prop desks in NY are short and ugly, and as a result, extremely insecure. I was at a cocktail party in NY full of...
can we set up two forums, one for people who live in the middle of nowhere and believe in retarded conspiracy theories, and one for people who are...
Hey pal, why don't you get your GED, take a few community college courses, and then we can have this conversation? I hope to God you're a live...
I'm against every bail out except this one. They (Fannie and Freddie) were set up with the implicit guarantee of the govt. If they were to fail,...
AUO: Optronics 3rd largest maker of flat panels p/e: 3.9 p/s: .62 p/b:.99 ROE: 26.5% ROIC: 18.5% Shares tumbled despite yoy earnings...
Nah, classic case of a)agency problems/"free rider phenomenon" and b) moral hazard on behalf of the Fed...
^we're talking about two different things. You're talking about starting a real hedge fund to manage institutional money. Most are interested in a...
^um, did you apply to a prop desk at Goldman recently? Do you honestly think you get there purely through meritocracy? Look, I have friends that...
actually, a lot of debt consolidators shares have done very poorly. Look at PRAA. On a larger scale, I think BX is a good play (although I...
I saw the Economist front cover, too... I wish I had a way to play Oman and Bahrain...
Another company I like-LPL...LG displays, South Korean company.... Trades at 4.5 X earnings and 2X cash flow, has insane margins. Another deep...
Any thoughts? Where's the sector rotation going? Just a thought: the market rebounds 27%, on average, before corporate earnings rebound. If you...
Cornell really is the worst Ivy.... How did you pass your writing requirements? I don't get it.
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