You Watch the Cartoon Bears, I'll Watch the Prices

Ever hear the phrase “too smart for their own good”?  The Long Term Capital guys fit that bill, as did the quants and product guys who fed and securitized the mortgage boom.

And then there is a whole other group of geeks who were so busy looking 10 steps ahead that they missed (and forced others to miss) a stock market DOUBLE in less than 2 year’s time.  A 93.1% gain for the S&P 500 in 22 months.  What.

The market could have a down 30% year in 2011 and the haters would still have been wrong.  Keep watching Cartoon Bears, geniuses, I’ll be watching Price..

As my boy Brian Shannon likes to say, “only price pays”.

What's been said:

Discussions found on the web
  1. eatverts commented on Sep 21

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  2. bitcoin loophole commented on Oct 03

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  3. Exotic Animals for Sale commented on Oct 13

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  4. gutter-guard-news.com commented on Oct 19

    … [Trackback]

    […] Read More Information here to that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  5. fun88 commented on Oct 28

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

  6. Sex chemical commented on Oct 29

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2011/01/02/you-watch-the-cartoon-bears-ill-watch-the-prices/ […]

Read this next.