I thought this piece about determining how to set prices on GigaOM this morning was fascinating. Wall Street is all about prices. What is something worth now, what will it be worth in 10 seconds, 6 months or 3 years from now? There are no shortage of formulas and equations that can be used to…
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Mauldin on Deflation or Inflation, Take Your Pick
It is not a matter of pain or no pain; it is a matter of choosing which pain we will face and for how long, and perhaps in what order. – John Mauldin, September 2009 We’ve talked about the Inflation vs Deflation debate a lot here on TRB this year, as I think that getting…
Spam O' The Week: Hong Kong Opportunity!
What do you think guys? Should I go for it? from f.oste@kpnplanet.nl to date Sat, Sep 12, 2009 at 10:46 AM subject Greetings from Hong Kong Greetings from Hong Kong Dear Friend, this is Mr. Peter Wong from Hong. I am sending you this message concerning a Business Proposal of 44.5MUSD and I want you…
Is BankersBall Extinct?
Is the all-about-investment-bankers website BankersBall the latest victim of the credit crisis? If so, isn’t it the most deserving victim left? Hardcopy relics of the Age of Free Money have ceased publication this year and the world hasn’t quite stopped spinning on its axis. Trader Monthly, one of the douchiest rags ever printed, ran out of money sometime in…
Is Monsanto Worth a Look? Depends on Which Monsanto You're Talking About.
Disclaimer: This is not research, advice or an invitation to trade or invest. My comments below are simply some observations based on publicly available information. Do not trade based on anything you read here. Monsanto (MON) is becoming quite the controversial stock in light of the dichotomy of near-term and long-term outlooks. You could make the…
Something to Remember on 9/11 from JFK
JFK’s quote only has it half-right on this latest anniversary of 9/11. I like the never forgetting an enemy’s name part, it’s the forgiveness thing that will never be possible for me. Sources: Cagle.com
One Year After Lehman: We Don't Love These Bros.
No one misses Lehman Brothers. Yeah, I said it. On September 15th 2008, the investment bank filed for bankruptcy after 6 months of protestations by Dick Fuld, Erin Callan and the rest of the brain trust that all was well at 745 Seventh Avenue in Times Square. Enough has and will be written about the…
Kidz Korner: Why Come Cars Don't Take Natural Gas?
Kidz Korner is a feature here on The Reformed Broker where I explain complex financial issues to kids from the neighborhood in a simple, straightforward way. __________________________________________________________ Little Timmy Johnson: My mom was cursing under her breath the other day when she was filling up her car at the gas station, why was she so…
About That Hedge Fund Renaissance You Were Told Of Yesterday
For some reason, yesterday I heard the soundbite that “Hedge funds are back! On pace to have their best month/quarter/year since blah blah blah” repeated at least a dozen times. Absurd. I can think of several high net worth people I’ve spoken with in just the last few weeks that would give up a firstborn…
Ripping Off The Wealthy Chinese
This is a shockingly absurd story. Goldman, Citi and the rest of the gentlemanly, altruistic global banks invented yet another disgraceful product at or around the peak of the stock market a couple of years back and they aimed it, not unlike a loaded gun, squarely at the foreheads of wealthy Chinese businessmen. The fact that…
