Rhodomontade
Loading...
Symbols:
Loading...
Symbols:
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Trading Center
- Free E-Newsletters
- About Seeking Alpha
- About Us
- Contact Us
- What's New
- Readers Feedback
- Advertise With Us
- Contributors
- Contribute an Article
- Feature Your Book
- Our Contributors
- Anonymous Contributions
- Dispute an Article?
- Legal
- Terms of Use
- Privacy
- Copyright
Latest Comments12 Comments
It's Not the Fault of Hedge Fund Managers That They Make So Much Money
You have the repugnant morality of a thief and the relevance of a carnival barker.
Meredith Whitney Threatens Severe Deflation For Your Portfolio
Let me explain something, Phil.
Derivatives and mortgage-backed securities and all this other overpriced imaginary financial alchemy are mirages of dubious value.
India cannot eat collateralized debt obligations. The Chinese cannot power their factories on auction-backed securities. Nobody is making fertilizer, jet fuel, and electricity out of Citigroup's "products."
Oil is a finite, precious commodity that exists in the real world. Energy and matter are reality.
You, however, live in the shadow world of financial alchemy, conspiracy theories, economic propaganda, and random walks through meaningless charts - which is why almost every single thing you write is invariably, colossally, and astoundingly wrong.
It Wasn't a 'Bailout'
eBay's Kijiji Talks Smack About Craigslist: "We'll Be #1 in the U.S."
And it has no audio cognate. If I tell you in person, in a restaurant or over the phone: "Oh yeah, just go to kijiji.com and give away your old couch," you will go home and type "kageegee" or "Kuhjeegee" or a million other possibilities.
How many thousands of dollars did these idiots pay to a branding agency and which one for this crap name? Because it looks like they farmed out the job to an intern.
Commodity Analysts Believe the Party's Over
Back in the real world inflation rages, growth in Asia is exploding, the money supply swells, and commodity scarcity is the new reality.
A Bet Against the Banks
I see your point that if Morgan's swaps are properly balanced, they are hedged and the risk is minimized. But it's not that they bet the wrong way that's the danger.
The danger is a cascade of defaults, beginning say with the monoline insurers, or some other weak sister, spiraling out of control in a total derivative meltdown. Swaps from default parties are basically worthless, and does JP Morgan even know who all their counterparties are anymore? My understanding is these things can be sold at any time without notifying the other party to a third party. And so on.
Look at how much AIG had to write down out of their mere 78 billion in CDS. What if JP Morgan has to write down a similar proportion of their exponentially larger portfolio?
I'm no expert in these esoteric instruments, but even the possibility of such a catastrophe has me avoiding all financial equities at all costs.
5 Must Read Articles in Oil and Alternative Energy
America's Middle Class: Living Large
That video is plainly and painfully a piece of globalist progaganda trash.
The lies about prices going down are a complete canard. For all the cost of technology goes down, but what about the cost of health care, gasoline, and food? -- the latter of which is going UP, not down, as your lying video asserts.
Why is it that the feelgood free-traders who put together this paper-thin analysis never ask all those beer-swilling lake jockeys how much they BORROWED to afford those hummers and motorboats? How much credit card debt they have? How much it costs to fill up their ugly trucks? How much of their home equity they tapped to buy all that junk? How many of them are upside down on option ARM loans sold up and down by snakeoil salesmen?
Oh no, your Reason magazine crowd blames it all on the media. But even an ivory-tower idiot ought to be able to see what a specious and pathetic argument of last resort that is: "Your honor, my defendant shot up the school because of violent TV!"
Just pathetic.
Imagine If You Didn't Hate Your Mobile Carrier
My POINT was, if you can bother seeing anything outside your rosy-eyed worldview, dithers, is that BECAUSE Apple has only one, high-end phone, and that US carriers do not generally even offer high-end smartphones from the likes of Nokia, then OF COURSE iPhone users will be happy, while people stuck with old Razers or throwaway loss leaders from other makers are going to have less satisfaction. The fault is with the operators and the selection they offer.
Do you even know the difference between a Verizon and a Samsung?
Imagine If You Didn't Hate Your Mobile Carrier
Also you seem to confuse handset makers with service carriers. What difference does it make if you have an iPhone or a Samsung if the AT&T coverage in your area is dubious?
6 Reasons the Market Should Bounce Here
Second, see above. "Stochastic oscillator" -- ha, ha, ha! I am laughing out loud. You can use any fanciful jargon you want, make it sound as scientific and "technical" to impress the mathematically uninclined, but it is all just a random walk.
Third, any Fed action is already priced in.
Fourth, the politicians haven't agreed to do anything yet. They have been talking for six months about what to do about idiots who bought subprime, but still haven't done anything. What about our broken political system do you not understand to see that this money-wasting boondoggle of a stimulus package will do nothing but drive us deeper into debt and continue to destroy the value of our dollar? Or are you among that tribe of fools who believe the world owes us a living? That the savings of Asia, the accumulated wealth of their sweat and industry, will continuously be used to purchase up the debt of an entire generation of worthless politician spendthrifts why by the very nature of their positions and obligations are nothing but useless, incompetent whores?
Fifth, "the volatility index is due to go downard soon." How so? Did you see its plane ticket?
Sixth, what does news or a lack thereof have to do "storchastic oscillators and the VLI?" Either you follow your stock market voodoo and ignore all outside factors, or you don't. You can't make these stupid astrological predictions based on some pseudoscience and then blame a lack of results on some headlines or Fed action.
Truly an ill-informed article.
Memo To Retail Investors: Smart Investing Is A Serious Business
There will be no Fed bailout for these retail investors, they truly do operate in a world of moral hazard, unlike these overrated, overpaid tax-dodging hedge fund managers who are directly to blame for the current turbulence. And that is the most disgusting thing of all, even more disgusting than your crass and ludicrous temper tantrum.