Some thoughts (if you can call them that) about 3 consecutive ads... [more]
...for the most offensively ignorant and condescending bailout article on Fool.com. Did Mr. Greer not notice that the bailout did not work? (Ignore the author's conclusions and look at the part about the TED Spread.) Well, well, it looks like trampling economic freedom under foot in a mad dash for Uncle Sam's money isn't the best way to solve financial crisis. Who predicted that? (I'll give you a hint: it's someone who's significantly worse at predicting the movement of stocks, as indicated by his 34.17 CAPS rating and negative score.) [more]
Yes, it is literally making me sick that everyone is taking for granted that no one is lending to anyone. They think that because Goldman Sachs has to pay 20% (or whatever) to Berk to get capital, that means there's no lending going on anywhere. Actually, local banks that are in bubble-free real estate markets (yes, there are some), or that didn't make NINJA loans or other risible investments, are lending to regular folk with good credit and good jobs. It turns out the bailout that our gut is telling us is only for the rich and irresponsible, really is only for the rich and irresponsible. Buffett isn't expressing confidence in Sachs' balance sheet. He's expressing confidence in Sachs' Capitol Hill connections, and that confidence is well placed. That's why he's a multi-billionaire. [more]
...if you start the Scariest Stocks in the World Contest today. (I can't believe I'm actually winning a contest!)
It's certainly not too late for you to contribute your presence to a bigger prize. If more than 250 contestants enter, the prize will be $1 per contestant, up to $2,000.
What does this headline mean to you?
He decided to cut ACAS' rating from neutral to underweight the day before their ex-dividend date cut their price by >4% automatically. [more]