Monday, July 12, 2010

The Wall street model is Obsolete and non-competitive as it stands.........

Because it failed to evolve.....Nial Ferguson

2008 was it's wake up call......

The Future of Capitalism & The future of the Financial Complex...some will make, some will not, and some will get trapped it the past.

Thursday, June 3, 2010

GETTING Wall Street to Work 4 You...

You Role in the Process......

In the 21st Centuty, only Chumps get sold a "car", the smart money Buys one.

It's unbelievable how many people didn't know what they were selling and how many people didn't know what they were buying.

How can anybody act in your best interent if they don't know what the Hell thay doing?

Saturday, May 29, 2010

MAIN STREET RULES

Rule # 1
If it doesn't make sense or you don't understand it, don't to it.

Rule #2
Don't forget Rule # 1

Rule #3
The Riskless Rate of return is the 3 month T-Bill. Every thing else is a risk return tradeoff.

The Riskless rate of return and variations thereof

Therin lies the Problem...misjudging Risk...mispricing Value

Monday, May 17, 2010

Money Management is not a Sport

Money Management is not an Intercolligate Sport...It's part of the Fabric of Society