Archive - 2012 - Blog entry

How to Clear Your Private Data

$15 Trillion Dollar Fraud … Or Nigerian Style Scam?

"Complete the problem, solve the puzzle, turn the key."--Pinhead

The Blokes across the pond are starting to sound as bad as some of the sell side charlatans stateside. Either that or the weed over there is just that much better!

Why is the financial world so messed up? Because it’s run by Central Bankers. And those folks view money very differently than the businesspeople who create businesses, jobs, and wealth.

We kissed Nasdaq 3000 this morning.  Doom and Gloom abounds.  The macro picture is still dire with lots of bad news - some of which you can only get on ZeroHedge!  Consider the crazy news that Wyoming was looking to buy an aircraft carrier.  Is this not Peak Doom?  It is a sign.

"Next up on CNBC - - an octogenerian fund manager who completely missed the boat on technology in the late 1990s and, since the early 2009 bottom, has underperformed the S&P by 50%. Stay tuned!"

So how many people do you think would stay riveted to their flat-panel Samsung to watch that? Not many, I'm guessing. But if the aforementioned gent is named Warren Buffett, the entire nation comes to a halt and hangs on to every word. A quick glance at Amazon yields 2,100 results when one does a search on his name (including the surprisingly-titled Warren Buffett Invests Like a Girl: And Why You Should, Too).

An imbalanced approach...

Germany is in a great squeeze. On one side the ECB and G20 want Germany to step up with more money to save Europe. On the other hand, German CEOs, voters, and even the courts, are increasingly wanting out of the Euro. This is not a situation that gives one much confidence that Germany will stick around for too much longer. It is my view Germany is going to do all it can to force Greece out of the Euro before March 20^th (the date that the next round of Greek debt is due) or will simply pull out of the Euro (but not the EU) itself.

As US markets hit their all time highs, there is nothing but bad news in EU sovereign land. What does it take for people to understand that equities have detached from fundamentals & the macro outlook?

It was a busy two months for the Sack-man, and Credit Suisse is the big winner

10 ways to make Warren Rich...

Just how much moolah can the state extract from its residents?

Haven't learned a thing. 

"There will be no glory in your sacrifice. I will erase even the memory of free Greece from the histories."---Xerxes