Wednesday, April 8, 2009

New Survey

The #s off the prison yard are now in.

The only question on the poll was: If you were privilidged to invest in a scheme that will give you 10% above average return for 20 years, and then go to zero, will you go for it?

a. yes, I will cash out in 19 years. That is the American way.
b. yes, I might get hit, but so is taking any other risk. That is the American way.
c. no, but I would have if the return was 20% above market and I then would cash out in 19 years. That is the American way.
d. no, it is a crime known as ponzi scheme. That is not the American way.

We got
42% a.
1.2% b.
54.9% c.
1.9% d.

Before you discarded this survey of convicts, and how they might differ with the "average" population had they been polled, let me remind you that this group I polled at some point in their career weighed the ultimate risk reward for a trade, and was able to make up their minds and "invested" accordingly. They are as experienced as any investor would be, and in my opinion, a perfectly unbiased sample of the general population attitudes.

Friday, March 27, 2009

Why there are lags in house price downturn and consumption "corrections" in places like DC, NYC, and SFO.

No dummy - it's not the "diversification" or tech mecca or some BS that even my cellmates can spew out in between bufus.It's the wife factor. In USA it costs 50% of what you ARE to get out of a sinking UNION. Or keep paying the due that's worth 10% of what you're worth every year.Kinda like the decision to carry Level 3 asset in your balance sheet.

Here's the bomb: People are so stupid that they tend to MAXIMIZE their losses carrying that for 3-5 years and then pay the split-fee and yet the insane wife still takes everything including the dog.

You my friend, are either the dog or the good husband.

I never carry level 3 assets. That's why I still consider myself above any of these miscreants in C and BAC in terms of moral and ethic. Ok, that's it for now, I'm going to attend pruno class this afternoon. Tata.- BM

Greetings, I will be taking over social issue discussions

From now on. Good to meet you all.

- BM

Tuesday, March 24, 2009

Address to the Chinese Friends.

I understand that you have been approached a number of times, with reminders, friendly, but stern, that should you choose to stop "co-operating" with us, you will face an economic ruin. That means giving us more money and resources.

Here's why you should continue lending us money: Because by growing more than the cost of the borrowing, I could earn a living while paying you back the money I borrow. This is what a white retired lazy male called "Skeptical Optimist" wrote in his blog. He even threatened your country with our navy boys while at it. I fully expect being automatons that you are, you will not be able to critically evaluate the requirements above and will simply comply.

I understand that you are without courage, oh Chinese people, and at this point completely out of option. As an American (with capital A), I am glad to see your nation's service to our Nation. You are weak, and we will be merciful. You cannot think, and we will supply the arguments, and you will just have to nod your head. You will work, we will NOT pay.

Such is the fact of life, that slavery is a necessary evil. Because otherwise, how can one be "above average" - if someone else is not below.

Thank you again my Chinese friends. Keep shining shoes, making shoes, fixing shoes, or whatever it is you do with my shoes. God Bless.

Friday, March 20, 2009

Topic removed. Thank you for the e-mail.

And replaced with a random topic.

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Pace® Soft Tacos
(Prep/Cook Time: 15 min.)

Ingredients
1 lb. ground beef
1 tbsp. chili powder
1 cup Pace(r) Picante Sauce
8 flour tortillas (8")
1 cup shredded lettuce
1 cup shredded Cheddar cheese

Directions
COOK beef and chili powder in skillet until browned. Pour off fat.

ADD picante sauce and heat through.

SPOON about 1/4 cup meat mixture down center of each tortilla. Top with lettuce and cheese. Fold tortilla around filling. Serve with additional picante sauce. Serves 4.

Thursday, March 19, 2009

Time to celebrate.

Brother KJ is nominated as the most famous person in the world by Time Magazine.
Praise be to the kimchee gods.

Typical Long investor in SPG

is someone with BA, 20-40 yrs old, $35-80k salary, and graduated 1.75 - 2.63 GPA.
They are absolutely impotent in every aspects of life including mating, and substituted glue for the more bonafide "medicines".

I wish I work in biotech, because I want to examine these people brain structure in depth using a very nice microscope.

PS: and reading the Skeptical Optimist. LOL.

My GHOD. There's a protest in front of 85 Broad?

About CDS?!!! These peasants need to be put back to their place.
Will send a couple of buldozers off the WTC site to handle the work.

Wednesday, March 18, 2009

Boy-O, u have disappointed me.

By this time of year I would have expected industrial needs and basic materials to be given priority dead center.

But instead you are blundering into playing financial STOCKS!!!!! You put financial stocks in the center, and ignored the plight of everybody else. Why, I think you are about to learn new lessons in your latest move Sir.

Another disappointment from one of your most ardent, shadowy supporter.