Monthly Archives: April 2009

Update on Bill Frey’s Battle to Protect Bondholders

Bloomberg: Mortgage Investors Form Battle Lines Over Housing Aid The head of Greenwich Financial Services LLC warned bond investors in Washington last month that government efforts to reverse the housing slump are doing more harm than good by undermining debt … Continue reading

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Provocative Article on Energy/Green

2009-4-27 John Mauldin's Newsletter: On Energy Production Cut to the chase. We rich people can't stop the world's 5 billion poor people from burning the couple of trillion tons of cheap carbon that they have within easy reach. We can't … Continue reading

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Take a Course from Robert Shiller

Extra credit if you do this!  The Yale Open Course curriculum is an incredible, free resource.  Check out their many offerings. Financial Markets Course by Robert Shiller Video lectures by Stephen Schwarzman, David Swensen, Carl Icahn, and Lawrence Summers.  Amazing. … Continue reading

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The 10 Millisecond Trading Advantage

"If the calls I am getting from headhunters are any indication, the hot area now is high frequency trading. And no wonder. There are two areas that were spared in the 2008 debacle: macro and high frequency trading. Macro funds … Continue reading

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A Bit of Good News About Recovery from Financial Disaster

25 Years to Bounce Back? Try 4½ NYT 4-26-09 HISTORICAL stock charts seem to show that it took more than 25 years for the market to recover from the 1929 crash — a dismal statistic that has been brought to … Continue reading

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Excellent Video that Explains it All

Thanks, Matt. You are going to like this one. The Crisis of Credit Visualized

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Animal Spirits — Shiller and Nobel Laureate Make the Case

Contrary to a widespread impression the current situation is not really a crisis of capitalism. Rather we must recognize that capitalism must live within certain rules. And our whole view of the economy, with all of its animal spirits, indicates … Continue reading

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Classic Michael Lewis Piece on Cat Bonds, Risk Management

Written as only Michael Lewis (Liar's Poker writer) can do. Michael Lewis – In Nature's Casino – NYT Thanks, Chris, for reminding me about this gem.

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Buy-Write Options Strategy: Safe Harbor?

Thank you, Aziz! Download 2009-4-20 Covered Call Investing_ Safe Harbor in Turbulent Times Studies conducted for the CBOE by derivatives expert Robert Whaley (now a professor at Vanderbilt), and investment research firms Ibbotson Associates and Callan Associates appear to bear … Continue reading

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Robert Merton on the Credit Crisis

Robert Merton, Harvard Economist, helped create the Black-Scholes formula and was a partner in Long-Term Capital Management.  He's a smart man. Download 2009-4-20 Crovitz_ In Finance, Too, Learning Entails Risk – WSJ.com Merton: Why the Financial Train Went Off the … Continue reading

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