‘m increasingly convinced they plan to flip a coin in September.
Joshua M Brown
“Buying back stock (overpriced or not) and issuing dividends is quick, clean and safe, and so that sort of financial engineering expands.”
It’s amazing advice for anyone who’s thinking about going down this path
What I’m reading this morning
old habits die hard
“you start to see signals and correlations that just don’t exist”
The Greek crisis is like a barber shop – everyone gets to talk all the sh*t they want but at the end of the day, someone’s getting a haircut.
“Wealthy Greeks have gotten their money out already,” continued the German, noting that the next days could unfold like the example provided by Cyprus.