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Contrarian Indicator 101: Biggs "Terrified He Is Too Small"

Tyler Durden's picture




 

By his own admission in an interview today with Bloomberg TV, Barton Biggs is "elderly and not as sprite as he used to be" but for our purpose he is perfectly placed. As the almost-perfect contrarian call (bullish into August here and bearish in September here for example) notorious flip-flopper Biggs is now both "terrified he is not long enough" and yet "fears that an apocalyptic end to the Euro could occur within the next 3-6 months". According to Bloomberg, Biggs is net-long around 65% equities and noted he is "terrified I'm too long if the apocalypse is coming in Europe." Yet another canary in the seemingly 'ever-more-full-of-canaries' coal-mine (but now perhaps post OPEX and facing IMF/Greece/IIF reality we will see contrarianism at its best).

 

 

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Mon, 01/23/2012 - 15:54 | 2089997 GeneMarchbanks
GeneMarchbanks's picture

Sprite? Lemon-lime?

Surely you mean spry. Whatever.

Biggs is more deadly than those 12,000 troops heading to Libya.

Mon, 01/23/2012 - 15:55 | 2090007 Buckaroo Banzai
Buckaroo Banzai's picture

Sierra Mist? Jarritos Limon?

Mon, 01/23/2012 - 15:57 | 2090015 Buckaroo Banzai
Buckaroo Banzai's picture

Forget Barton Biggs, who is that hot Bloomberg talking head?

Mon, 01/23/2012 - 16:28 | 2090099 redpill
redpill's picture

She is rather sultry isn't she, they should just keep the camera on her even when that old windbag is talking, then I might actually watch that channel for more than 30 seconds at a time.

Mon, 01/23/2012 - 16:44 | 2090186 nope-1004
nope-1004's picture

I - I - I - uhhhhhh - I - I - I - I - uhhhhhh - I - I - I - I -

will manage my own money, after seeing that sideshow.

BTW... yes, hot anchor!

 

Mon, 01/23/2012 - 16:50 | 2090208 Sudden Debt
Sudden Debt's picture

Buuu bubu bubbuttt butbutb but but....
Supo....

I'll give you your money back... If i can remember where i put it.... It must be around here somewhere.... I think it was a in a cookie jar somwhere.... Shit.... Alzheimer's a bitch....

Mon, 01/23/2012 - 16:58 | 2090236 UpShotKnotHoleGrable
UpShotKnotHoleGrable's picture

can you imagine working for this bitter old arshole

Mon, 01/23/2012 - 17:30 | 2090324 Sudden Debt
Sudden Debt's picture

4 hours afternoon naps....

Stepping into his office every day and ask for your paycheck while making him think he's getting senile and cashing 20 paychecks a month?

Make him think your a son of one of his children and claim his fortune? UNCLE BIGGS!!! REMEMBER ME?
....
I could live with that :)

Mon, 01/23/2012 - 17:59 | 2090433 RockyRacoon
RockyRacoon's picture

Coulda been a 2 minute interview if Barton could get a decent string of words out.   Makes me jittery just to watch the old fool.   When do these people go away?

Mon, 01/23/2012 - 18:07 | 2090467 Town Crier
Town Crier's picture

I loved him as Jar Jar Binks.

Mon, 01/23/2012 - 19:19 | 2090704 Desert Irish
Desert Irish's picture

His son is actually called Barton Biggs just so the senile old prick can remember his name. This is the guy who attacked Krugman in a scathing Hong Kong newspaper article in 1995 after Krugman released his treatises stating the Asian meltdown was imminent. He basically stated that Krugman had no idea then went on to list all the reasons why investors should jump on the asian bandwagon. Three months later the asian economy collapsed. The only thing consistant with Biggs is he is consistantly wrong.

Mon, 01/23/2012 - 17:20 | 2090294 Pool Shark
Pool Shark's picture

 

 

Q: If Biggs tried to rape that hot anchor, what crime would he be charged with?

A: Assault with a Dead Weapon.

 

 

Mon, 01/23/2012 - 18:50 | 2090620 lotsoffun
lotsoffun's picture

i'm sadly getting up there, and no matter what, at 80 there is no weapon.

Mon, 01/23/2012 - 16:25 | 2090116 GenX Investor
GenX Investor's picture

Confirmed, she delivered firm indicators.

Tue, 01/24/2012 - 03:37 | 2090142 AbruptlyKawaii
AbruptlyKawaii's picture

Ayayayayayayayayayayayayayayayayayayayayayayayaye Aye dont know ayayayayayayayayayayayayayayayayayayayayayayaya I'm a republican, ayayayayayayayayayayayayayayayayaye dont have patience for interviews my depends is leaking ayayayayayayayayayayayayayayayayayayayayayayayayayaya aye aye dont know why people give me their money when I'm so wrong all the time and confused ayayayayayayayayayayayayayayayayayayayayayayay I wish someone would kill me....drool......tapioca pudding?

Mon, 01/23/2012 - 16:30 | 2090136 bogey4
bogey4's picture

Pretty sure it's Deirdre Bolton.  They've got other hotter anchoresses, you just have to be patient and wade through a lot of fluff.  Plus, they don't dress as provocatively as the CNBC women, so you have to have a more vivid imagination.

As per Barton Biggs, he's gotta be right sooner or later, doesn't he?

Mon, 01/23/2012 - 16:50 | 2090210 Bam_Man
Bam_Man's picture

Yes, Dierdre Bolton is the hottest hottie on Bloomberg TV.

Susan Li comes in a close second, maybe ties for first if you are really into Asian chicks.

Mon, 01/23/2012 - 17:45 | 2090389 txsilverbug
txsilverbug's picture

I kind of like Margaret Brennan.  Geeky financial hot.

Mon, 01/23/2012 - 17:41 | 2090359 Pike Bishop
Pike Bishop's picture

Deirdre Bolton gets a little tiring. She reports like an A-type girlfriend trying to talk you into something that ain't gonna be good for you.

Linzie Janis is a stunner on US late-night to usher in the European markets. They never shoot her, except from the waist upwards.

Full figure shot wearing something a bit welcoming, and Bloomberg could re-invent late-night TV.

Barton Biggs died when he was 78. It's difficult to tell the difference between him alive and dead.

Mon, 01/23/2012 - 18:22 | 2090520 redpill
redpill's picture

Nonsense.  His fund had lower yield when he was living.

 

Oh, and Anastasia Haydulina gets an honorable mention.

Mon, 01/23/2012 - 19:22 | 2090713 bogey4
bogey4's picture

I second your Linzie Janis motion.  Unfortunately she dresses like a 1950's era British school marm, but she is a looker.  Cali Carlin is also hot,but doesn't get a lot of air time.

And yes, I spend way too much time watching Bloomberg TV...

Mon, 01/23/2012 - 22:23 | 2091165 El Hosel
El Hosel's picture

Make mine Margaret Brennon, Deirdre looks too much like a robot.

Mon, 01/23/2012 - 16:54 | 2090225 Silver Bug
Silver Bug's picture

The track record of this guy is horrendous.

 

http://ericsprott.blogspot.com/

Mon, 01/23/2012 - 15:59 | 2090027 TheHillrat
TheHillrat's picture

could go for one right now..I was thinking the same thing

Mon, 01/23/2012 - 15:56 | 2090014 Money never sleeps
Money never sleeps's picture

Talking about indicators. This firm is my best indicator: http://bit.ly/jmgPLz They said on Friday that natural gas will kick ass this week. Natural gas is up +9% today. 

Mon, 01/23/2012 - 16:25 | 2090120 earleflorida
earleflorida's picture

lng/natural gas will be ubiquitous for auto [all combustible engines] fuel in the world in less than 20 years --- just as the wireless cell phone [towers/ bandwidth spectrum infrastructure] was 20 yrs. ago --- can't stop progress - building out infrastructure as i write big time

jmo

Mon, 01/23/2012 - 16:43 | 2090193 LowProfile
LowProfile's picture

Too expensive to handle for retail.  Trucks, maybe.  Cars, IMO never.

Mon, 01/23/2012 - 17:37 | 2090354 DoChenRollingBearing
DoChenRollingBearing's picture

In Lima, Peru a large part of the taxi fleet as well as many small cars are now running on NatGas.  It's more economical my in-laws tell me.  One of our own employees has a car that runs on NatGas.

And Peru is POOR!  If they can do it, we can too.  At least some low hanging fruit (taxis, city buses, maybe later on all trucks using the Interstates, etc.) would not be horrifically expensive.

Mon, 01/23/2012 - 20:32 | 2090810 xela2200
xela2200's picture

Many cities in the US already run hybrid buses. I have also seen natural gas buses in a city. Also, truck drivers are adding gas systems to their trucks (natural gas into manifold) or solar for electric appliances(no idling). It is really nothing new. The only issue I have is with carrying around those gas tanks in the trunk. Even a leak can be dangerous.

Many people in Latin America installed propane systems into their cars in the oil crisis of the 70s. It is a pretty straight forward operation.

It is capitalism working on its own without the need of government. As gas prices increases, new solutions start to pop up (hybrids, conversion, biofuels, electric, etc). Nothing new really. It is when I start hearing governments talking about subsidies when I shit my pants (market interference).

http://www.youtube.com/watch?v=vGR1bHN5tBA

Mon, 01/23/2012 - 17:30 | 2090326 bbq on whitehou...
bbq on whitehouse lawn's picture

Its hydrogen that produces power the rest is just trash. Oh guess what has more hydrogen by mass then oil or natural gas. Thats right water. Wow imagine and ocean of water now that would be special.

You can build catalysis for water but if you did it would be the last thing you built. So untill people are free to invent; water will be just for drinking.

Mon, 01/23/2012 - 16:19 | 2090098 GenX Investor
GenX Investor's picture

Spritely as in full of vitality or lively, to which Biggs is not. Look up the damn word you ass-hat. Just because a word has been commandeered by a soft drink, doesn't mean it has no meaning. Download the damn dictionary app to your iPad.

Mon, 01/23/2012 - 17:04 | 2090252 Chief KnocAHoma
Chief KnocAHoma's picture

Bring it bitches. The recovery is ready.

 

www.SouthGaRealEstateReport.com
Mon, 01/23/2012 - 17:46 | 2090391 walküre
walküre's picture

Haha, good one. I stopped reading the post when they quoted stats. There are always pearls in any kind of market. The real estate pearls (like Manhattan) are going for a premium. Most of the country is NOT Manhattan. I repeat. Is NOT Manhattan! Good luck getting rid of all those boom time suburbs anywhere where jobs have been lost for good and aren't coming back. Oh wait, that's the rest of the country. NOT Manhattan.

Mon, 01/23/2012 - 19:46 | 2090756 g speed
g speed's picture

I got news for you-- jobs lost in Manhattan are not coming back either.

Mon, 01/23/2012 - 15:53 | 2089999 HD
HD's picture

Biggs "Terrified He Is Too Small"

Poor SOB.

Mon, 01/23/2012 - 15:55 | 2090010 GeneMarchbanks
GeneMarchbanks's picture

Gross too. Seriously, Bill reciprocates that sentiment.

Mon, 01/23/2012 - 17:12 | 2090270 Arthor Bearing
Arthor Bearing's picture

Everybody take a second look at this one! I wish I could like it twice, once for the unapologetic double entendre and once for the fractal picture

Mon, 01/23/2012 - 15:56 | 2090011 SilverIsKing
SilverIsKing's picture

Mrs. Biggs "Terrified He Is Too Small"

 

Fixed it.

Mon, 01/23/2012 - 16:00 | 2090022 HD
HD's picture

Mrs. Biggs "Confirms He is too small".  Seeks stimulus package.

Mon, 01/23/2012 - 17:14 | 2090278 Arthor Bearing
Arthor Bearing's picture

Sorry friend but you only get the stimulus package if you're "too big to fail." I tell you, the rich just keep getting richer

Mon, 01/23/2012 - 15:53 | 2090002 firstdivision
firstdivision's picture

As I cannot currently play the video; how can he say he fears that he is not long enough, yet he's terrified he's too long?  Is that the actual quote?  If so, that is the most "short equities, and go long equities" I've heard.  Is that to read, go delta neutral?

Mon, 01/23/2012 - 16:04 | 2090040 Matt
Matt's picture

yes, he said that. It all boils down to if Europe collapses or not.

Couldn't you just go USD/EUR as a hedge against Europe collapsing, and then long US Equities, if this is the scenario you forsee?

Mon, 01/23/2012 - 16:09 | 2090065 wisefool
wisefool's picture

"delta neutral" = Sound Money. If we elect Ron Paul many people like Biggs wont have to work so hard running hedge funds.

Mon, 01/23/2012 - 15:53 | 2090003 Conman
Conman's picture

Most guys worry if they are not long enough.

Mon, 01/23/2012 - 16:08 | 2090053 firstdivision
firstdivision's picture

It's all about the girth of the portfolio

Mon, 01/23/2012 - 15:54 | 2090006 knukles
knukles's picture

Having had the pleasure (ah hemmm) to have sat in numerous meetings with Barton over the years, I'm afraid that I'll have to sit in another at some point in time.

Mon, 01/23/2012 - 17:39 | 2090360 DoChenRollingBearing
DoChenRollingBearing's picture

Bring a pillow!

Mon, 01/23/2012 - 16:00 | 2090008 Comay Mierda
Comay Mierda's picture

serious question - how does a guy who is so wrong all the time get so much coverage?

Mon, 01/23/2012 - 16:24 | 2090114 LeBalance
LeBalance's picture

comedic riff:

State of the Union coming up tomorrow night.

another similar contrarian idicactor is going to speak.

still gets coverage.

but who pays attention?

Mon, 01/23/2012 - 18:05 | 2090458 RockyRacoon
RockyRacoon's picture

You could ask Kudlow.  He has a string of losers on regularly.  Week after week, year after year.  Losers all.

Yet they keep getting air time.   The real winners are out doing what they do best:  Making money.   Too busy for all this talking head crap.

Note the Fox News fellas as well.   Commentators who have been wrong time and time again....

A twist on the old axiom of  "Those who can, trade; those who can't, comment".

Mon, 01/23/2012 - 15:55 | 2090009 SilverIsKing
SilverIsKing's picture

The guy is pushing 80 years old.  Time to retire?

Mon, 01/23/2012 - 15:57 | 2090017 GeneMarchbanks
GeneMarchbanks's picture

Nope. Time to Allahu Akbar!!

Mon, 01/23/2012 - 16:55 | 2090227 Sudden Debt
Sudden Debt's picture

Maybe he gambled his 401 away in the stockmarket and is forced to keep working? Not everybody wants to live in a tentcamp you know.

Mon, 01/23/2012 - 17:44 | 2090380 Zero Govt
Zero Govt's picture

Biggs is "still bullish stocks"

sounds like some peoples over-confidence deserve to sleep in tents (Bigsy, you're tenting with Warren)

Mon, 01/23/2012 - 15:56 | 2090013 CvlDobd
CvlDobd's picture

Looks like a range bust reversal bar is taking place today in the Qs. At the top of a broadening top on a new moon nonetheless. PSQ may be good for a quick low risk ride here.

Mon, 01/23/2012 - 16:00 | 2090020 slaughterer
slaughterer's picture

3:00 pm rumor just hit via FT: Berlin wants bigger firewall.

Mon, 01/23/2012 - 16:08 | 2090059 GeneMarchbanks
GeneMarchbanks's picture

Well, yeah. Here's the prevailing opinion amongst Eurocratz of the rating agencies:

http://www.monstersandcritics.com/news/business/news/article_1686926.php...

Mon, 01/23/2012 - 16:26 | 2090122 LeBalance
LeBalance's picture

would those f'n Krauts get make up their minds:

First its: Tear down this wall.

Now its: We wanna a bigger VALL!

Vat the Schubbergeflocken!!!

Mon, 01/23/2012 - 16:30 | 2090133 Instant Wealth
Instant Wealth's picture

FT Germany commentary says, "Berlin should provide a bigger firewall".

Mon, 01/23/2012 - 16:38 | 2090163 slaughterer
slaughterer's picture

Guess FT killed their own rumor.  Was worth a few nice ES handles while it lasted.  

Mon, 01/23/2012 - 16:16 | 2090025 Dr. Engali
Dr. Engali's picture

Wow he gives me a lot of confidence in his money management skills. Maybe he should put that out as a slogan...." I'm terrified and I'm not quite as nimble and sprite ". Think that would help his AUM?

Mon, 01/23/2012 - 15:59 | 2090026 Nucking Futs
Nucking Futs's picture

OK.  Biggs was the last thing I was waiting for to go balls to the wall short.  He just gave the green light....

Mon, 01/23/2012 - 16:01 | 2090030 Spanish Lizard
Spanish Lizard's picture

ALL HANDS ON DECK!!  WAIT, THE DECK IS 15.2FT UNDER WATER!  ALL HANDS TO LIFE BOATS!!!

Mon, 01/23/2012 - 16:07 | 2090052 Matt
Matt's picture

Vada A Bordo, Cazzo!

Mon, 01/23/2012 - 17:41 | 2090372 DoChenRollingBearing
DoChenRollingBearing's picture

Capitano, che cazzo fai?  Che cazzo vai?

That cazzo is an important word...

Mon, 01/23/2012 - 16:03 | 2090036 battle axe
battle axe's picture

Isn't he 101?

Mon, 01/23/2012 - 16:07 | 2090047 Stevious
Stevious's picture

It's the way I feel..being ~90% in gold/silver stock.  I can see gold shooting to the moon, yet between March and September, depending upon herd behavior reacting to Europe, gold could, in my opinion drop to $1000/ounce and silver into the $20s.

And it's not just all about perception--it's about that $160T in derivatives and how they react along with herd behaviour when Hungary, Greece, Portugal and/or Italy truly implode.

Will the herd think inflation popping gold/silver and potentially stock upward, or will the reaction be as it was in 2008 where everything falls into a black hole and the herd once again runs to daddy dollar?

And then, underneath it all is the omnipresent hypothecation which in an extreme case could unravel brokerage after brokerage and in a flash wiping out the SIPC's entire "insurance" funding leaving investors who, as I do, "think I own stock."  In reality what I and most others own is "a promise."

2012 shall be a year to remember.

Mon, 01/23/2012 - 18:41 | 2090594 lotsoffun
lotsoffun's picture

dear stevious,  i don't want to be pedantic, but are you aware that the SIPC insurance is only against FRAUD not losses.  and it is a pittance. 

http://www.sipc.org/how/brochure.cfm

i think they have about 3 billion capable to pay out - which is why the madoff thing was so bad for many people, because fraud was proved, but there wasn't any funding there.  3 billion is peanuts.  somebody correct me if if i am wrong.

 

Mon, 01/23/2012 - 21:22 | 2091026 Stevious
Stevious's picture

Agreed, in reality fraud or not fraud what good is a penny return on $100.

Mon, 01/23/2012 - 16:07 | 2090051 nonclaim
nonclaim's picture

"[...] apocalyptic end to the Euro could occur within the next 3-6 months"

hurried activity around mint/print complexes should be a sure warning... I don't believe in unexpected monetary collapse in any Euro country.

Mon, 01/23/2012 - 16:08 | 2090055 JW n FL
JW n FL's picture

 

 

http://www.youtube.com/watch?v=ApGQq6RLCAA&feature=g-all-u&context=G2c5bec8FAAAAAAAAEAA

these guy were to small too!

so Main Street! there is no such thing as "To Small, To Fail".

 

 

Mon, 01/23/2012 - 16:08 | 2090057 flattrader
flattrader's picture

>>>Biggs is now both "terrified he is not long enough"<<<

A lot of men have that fear.  They are by and "large" (well, not so much) correct.

Mon, 01/23/2012 - 16:10 | 2090069 It is a bargin ...
It is a bargin my friend's picture

Would'nt give him my money, he'd forget where he put it, along with the car keys and todays post......................Now its right about here somewhere

Mon, 01/23/2012 - 16:13 | 2090077 Eagle1
Eagle1's picture

It is just like flipping a coin...One of these times he is going to come up heads...

Mon, 01/23/2012 - 17:41 | 2090366 Zero Govt
Zero Govt's picture

it sounds like Biggs is balancing on its edge

Mon, 01/23/2012 - 16:13 | 2090078 RobotTrader
RobotTrader's picture

Every dip being bought with the utmost ferocity.

 

Except for Newmont Mining, which is getting "chain-sold" for the 6th day in a row.

Mon, 01/23/2012 - 16:14 | 2090087 GeneMarchbanks
GeneMarchbanks's picture

Probably because the Germans are PowerRangers now:

http://www.bloomberg.com/news/2012-01-22/eu-finance-ministers-meet-on-cr...

Mon, 01/23/2012 - 16:17 | 2090090 falak pema
falak pema's picture

nice to know you have the right connections; as Don C used to say; you never come and see me when you need me, now is that the way to treat your family?

Familigia!! 

Mon, 01/23/2012 - 17:52 | 2090404 walküre
walküre's picture

Newsflash, Robo! All miners are going into the crapper. Check Hecla Mining's 10 day trading history.

Do you care to guess why all miners are being sold off across the board?

Watch the transport sector go down next followed by the energy sector.

Of course CMG, NFLX and LULU are going to scream higher because hot bitches in tight pants sitting at home streaming online movies when they're not eating out at the Mexican Grill!

Your trading logic is awesome!

Mon, 01/23/2012 - 16:16 | 2090091 FoieGras
FoieGras's picture

Biggs' fund returned something like 6% annualized since 2003. After 2/20 fees. Easily beats most people here who are ripping him.

Mon, 01/23/2012 - 16:32 | 2090140 Nucking Futs
Nucking Futs's picture

go calculate how much he would have made if he did the exact opposite of what he said.  and just FFS let's just assume he is smart enought to use a stop.  the figures easily blow away the 6%

Mon, 01/23/2012 - 16:19 | 2090094 RobotTrader
RobotTrader's picture

BAC up 5 days in a row, everyone pretty much gave that stock up for dead.

Mon, 01/23/2012 - 16:31 | 2090137 slaughterer
slaughterer's picture

Robo, what is your SPX target right now?

Mon, 01/23/2012 - 17:13 | 2090280 Comay Mierda
Comay Mierda's picture

financials will have a good year, only cuz the fed will print quadrillions to bail out every fuckin bank in the world.  SPX should have a high return year as well.

but if you price all this bullshit in gold, it will be a horrible year for financials/spx

Mon, 01/23/2012 - 17:56 | 2090421 walküre
walküre's picture

We have artificially strong banks across the world.

Banks that are parking their money at the CBs

The rest of the world is starving for cash.

But we have healthy banks with unlimited cash!

That is not being invested back into the economy.

So in the end ... who cares?

There will be a total disconnect between what is and what is NOT.

Mark my words.

Mon, 01/23/2012 - 16:20 | 2090100 Ostapuk Ivano
Ostapuk Ivano's picture

While checking out Trish Regan today on Bloomberg, Joe Granville said that volume prcedes price and that we hit a top last Friday and a decline 50% in the market is imminet.

Mon, 01/23/2012 - 16:28 | 2090124 NotApplicable
NotApplicable's picture

What's Granville know about bots, anyway?

Mon, 01/23/2012 - 16:53 | 2090219 Bam_Man
Bam_Man's picture

They let Granville out of the psych facility to make that appearance?

Mon, 01/23/2012 - 16:26 | 2090119 NotApplicable
NotApplicable's picture

Biggie Biggie Biggie can't you see
Sometimes your words just hypnotize me
And I just love your flashy ways
Guess that's why they broke, and you're so paid.

Biggie Smalls, FTW!

Mon, 01/23/2012 - 16:38 | 2090161 Savonarola
Savonarola's picture

Please - you're making me crazy - no more Biggs.

Mon, 01/23/2012 - 16:40 | 2090168 Eally Ucked
Eally Ucked's picture

I just wonder how anybody can see any up side to equity markets (barring people who think that equities are panacea for inflation) at the moment when in US probably 40 or 50% of population is just buying only things to survive, the same in Spain, Greece, Portugal, Italy, and many small countries in Europe. Probably situation in England, France, Canada and many others is not much better. Who will buy more of the junk and services produced by those great companies? They already fired millions and upside on cost savings is very limited and market is still shrinking. All those poor billions of Chinese and Indians will fill the gap? 

Mon, 01/23/2012 - 16:40 | 2090170 SwingForce
SwingForce's picture

corr,; "3-6 HOURS........"

Mon, 01/23/2012 - 16:40 | 2090174 Amused2Death
Amused2Death's picture

Anit-Biggs ETF anyone?

Mon, 01/23/2012 - 16:41 | 2090180 kevinearick
kevinearick's picture

equities are cheap, right?

 

Virtual Memory:   Compilation, Transcription, and Time

Why would you plant and tend a garden when your neighbors are guaranteed to strip it, long before maturation. That would be stupid. Plant a garden where it is sure to fail, while the empire watches. Tend another.

The universe wastes nothing. If you do not use an entire byte, the universe will employ the remainder for you. If you use entire bytes, the universe will employ the unused portion of bits, by identifying useful patterns, connecting a circuit.

You don’t have time for extensive dc conditionals. You need an AC pattern matcher(of pattern matchers). Ever watch kids play match with a deck of cards? The ones employing memory are slow and relatively ineffective at the game, but quit efficient when looking for particular pairs. How does the kid match every time, after seeing it only once, and turn over a new card? Jeopardy does not measure intelligence.

Don’t go corporate unless you are prepared to appear thoughtless, either as slave labor following rules or master authority making up rules, either loading trucks or expanding WIC. Over empire time it becomes increasingly difficult to remain thoughtless or thoughtful without making a mistake. If repeated, the result is disastrous. Plan rung construction accordingly.

You don’t have to complete a rung in one pass, but it must be implicitly completed by mistake replication, to meet backlash timing on the third. The ladder cascade completes the wave. Lose all the battles to win the war. The fulcrum is a decision tree of decision trees, learning to create a centrifuge to distill the match orbit, across the looking glass.

The implicit vortex is the root of all fusion/fission reactors in the multiplexer. Naturally, the counties seek corporate sponsorship. If one loop contracts, another must expand…but not necessarily in the same dimension. Market accounting and vulture capitalism is the same thing; the Fed is blind by design.

At time T, vortex sympathetic resonance, the universe is in relatively suspended animation, the equations of which only apply to time T. You see what you want to see. The empire simply aggregates majority rule. The smaller the pebble, the longer it takes to change course, but time is relative.

Don’t set down a loaded shotgun by a spoiled 2-yr-old and expect a happy outcome, for the participants. Education begins long before birth and ends long after maturation. Public Corporate Education is like stepping into the middle of an assembly line and increasing its efficiency with control, throwing off timing in both directions, stopping time. Cutting and pasting the conveyor belt is make-work.

Investing is a matter of perspective, on the accounting cost of energy transformation. For the short speculators, this is top-dead-center, the bottom of the education cycle. For value investors, it’s time to long talent. For the intermediaries, employ calculus to isolate the relative integral. After the bang/whimper, all followers will be relative inflation/deflation losers. It’s not how much you play with at the table; that’s the casino’s game. It’s what you take away.

Don’t get in line on Monday. The empire is max-out-of-time. All known event horizons have labels. Now, the roadway slush funds liquidate.

Yes. If you want to compare the US to the USSR, the US is a great country, but it’s a poor door prize. Never park in government/corporate space time, unless you want the empire to think you are stupid. The trick to a real marriage is being in time with each other, as a platform to the future, which is always an unknown event horizon, a quantum work in PROGRESS.

Mon, 01/23/2012 - 16:42 | 2090185 SheepDog-One
SheepDog-One's picture

In other words, all is good...just as long as we can somehow continue printing trillions out of thin air at 0% interest to keep shoving into the gaping maw of the global collapse.

Mon, 01/23/2012 - 16:49 | 2090201 Bam_Man
Bam_Man's picture

And no doubt Abby Joseph Cohen is terrified that she is too big.

Mon, 01/23/2012 - 16:51 | 2090206 spekulatn
spekulatn's picture

Thanks Mr. Biggs, very much. 

 

Stay nimble and sprite.

 

 

Mon, 01/23/2012 - 17:23 | 2090309 Bear
Bear's picture

And ... maybe et someone else to speak for you

Mon, 01/23/2012 - 16:51 | 2090213 monopoly
monopoly's picture

Great headline. :)

Mon, 01/23/2012 - 16:52 | 2090214 gmak
gmak's picture

SO how is this a contrarian indicator. He is frozen in his tracks = we should be running, but which way?  He is afraid that he is too long, also afraid that he is not long enough. How does one pull contrarian 101 out of that?

Mon, 01/23/2012 - 16:55 | 2090229 SheepDog-One
SheepDog-One's picture

Top is in, get ready for languishing at this level for a bit, then like a few months ago -1,200 in a week on the DOW. All about pump and dump and bulls are about to get their nuts clipped again.

Mon, 01/23/2012 - 18:47 | 2090613 Nucking Futs
Nucking Futs's picture

as much as i agree with you that we're near a top, not sure if i agree on your -1,200 in a week forecast on the Dow.  I think we're gonna slowly descend for a couple weeks, maybe hit around the 1260s and resume rally.

Mon, 01/23/2012 - 16:57 | 2090232 Turgid_Member
Turgid_Member's picture

Barton Biggs!!! Not only is he not long enough.
That cocksuckers balls hang to his knees and he
couldn't shoot a wad if he had to.

Wheeling the decrepit, semi-senile BB before the cameras to give us his
financial thoughts is exactly the same as hauling the GOP contenders
on screen to give us their political thoughts(slogans) - except Ron Paul.

Mon, 01/23/2012 - 16:57 | 2090237 SheepDog-One
SheepDog-One's picture

'I'm bu- bu- bu- bullish about stocks, as long as the world holds together....which means ongoing printing 0% free money out of thin air somehow forever....OH yea and also as long as the people take their crushing austerity measures (raping) like good peasants'.

What a clusterfuck.

Mon, 01/23/2012 - 17:10 | 2090265 SheepDog-One
SheepDog-One's picture

One question for Biggs and the rest of the permabulls to answer- When this market melts up on 0 volume, who do you think you are you going to sell to?

Mon, 01/23/2012 - 17:12 | 2090272 SheepDog-One
SheepDog-One's picture

'I dont see the people of Europe 'on deck' yet'...

Whats that supposed to mean, on the deck of the Titanic to walk the plank into the icy waters to their own death to sacrifice themselves to the fund managers? 

Mon, 01/23/2012 - 17:38 | 2090356 Zero Govt
Zero Govt's picture

what he's referring to is the public sector workers (Unions) signed up to 'austerity'

decades of bloated comfy over-caked public employment is not going to come to an end easily

Mon, 01/23/2012 - 18:07 | 2090471 walküre
walküre's picture

You're on the right track.

Mon, 01/23/2012 - 17:16 | 2090282 SheepDog-One
SheepDog-One's picture

'The only problem here is the people of Europe just need to accept their crushing austerity measures for the benefit of us billionaires.'

These people should all be lined up and shot.

Mon, 01/23/2012 - 17:20 | 2090297 Bear
Bear's picture

'All hands on deck' .... but the ship is still sinking

Mon, 01/23/2012 - 17:25 | 2090317 lsbumblebee
lsbumblebee's picture

Barton kept repeating to himself, "Mrs. Deirdre Bolton-Biggs...Mrs. Deirdre Bolton-Biggs". But it was no use.

Mon, 01/23/2012 - 17:33 | 2090339 Zero Govt
Zero Govt's picture

Biggs, "all hands (eurocrats) are on deck"

Yep, re-arranging the deckchairs on the Titanic to be precise. They've been "on deck" 14 times/meetings in 18 months and they still couldn't get further than agreeing on the table water 

what's even more of a nightmare than these inept politicians not being able to make a decision is the thought one day in the next Century these posturing windbags actually come out of a meeting with a collective decision

When they've found a 'solution' it's our cue to "Run for the Hills, Run for Your Lives"

Mon, 01/23/2012 - 17:42 | 2090378 navy62802
navy62802's picture

Biggs is a jumper. He'll be one of those poor fools who leaps to his own death when Europe implodes.

Mon, 01/23/2012 - 18:04 | 2090431 bbq on whitehou...
bbq on whitehouse lawn's picture

Biggs is not a jumper. He is a big wimp not even able to look at his own shadow. Piss on him. Selling infinite US deficits to China, India and the rest of the world. For what, to sell out capital.

If i see him in life i dont care how crippled he is I'm going to set his stupid ass in fire. Just like the rest of the sellouts. Santa is keeping a list, and checking it twice.

Mon, 01/23/2012 - 17:53 | 2090407 bbq on whitehou...
bbq on whitehouse lawn's picture

Biggs is an Asshole but he is seeing violence and stupid for the first time in his life, yes people might really care more about their kid or mother who cant make a living, rather then the banks, government or even evil terrorists. Yes some people only see the slushy and not the brain freeze that comes with it.

Mon, 01/23/2012 - 17:55 | 2090424 Texas Ginslinger
Texas Ginslinger's picture

"terrified he is not long enough"

How big is his Adam's apple..??

That's always a good clue.

Mon, 01/23/2012 - 19:01 | 2090653 Spigot
Spigot's picture

First off, the guy is operating a hedge fund, probably as a figure head. What he says has no resemblance to the positions his firm holds. They are not buying and holding straight, period. They do use complex strategies.

Mon, 01/23/2012 - 20:54 | 2090920 banksterhater
banksterhater's picture

The BIGGEST UGLY ASSHOLE **PIMP******EVER ON TV, GFY!

Mon, 01/23/2012 - 23:27 | 2091315 Dingleberry
Dingleberry's picture

Someone needs to TEABAG HIM LIKE A DRUNK LSU FAN!!!!

Tue, 01/24/2012 - 00:23 | 2091407 dolph9
dolph9's picture

Dear God when are these geezers going to croak.

Tue, 01/24/2012 - 01:01 | 2091464 spencer
spencer's picture

he didn't say it this way - its is wrong to twist his words like that

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