The Sane Investor

What Are We Still Rallying On?

admin — Tue, 19 May 2009 08:51:45 +0000

May 19th, 2009 So I had moved out of the double long S&P, and in to a double short financials, with the expectation that if we were heading down, financials were going to be leading us there. Financials led the way alright. All the way up. The expectation on my part was also that a lot [...]

Here Comes the Bear Again

admin — Thu, 14 May 2009 05:58:23 +0000

May 13th, 2009 I thought I had called it so well two days ago when I cashed out of my defensive silver and Phillip Morris International (NYSE: PM) positions and moved them in to a double long S&P 500 etf. My goal, was to wait and see what oil was going to do, and when [...]

The LOL: Advanced Topics in Risk Management

admin — Mon, 13 Apr 2009 13:00:47 +0000

April 13th, 2009 To read the comic, click here. So I decided to run with the comedics a little while longer. Today’s comic is in response to a recent announcement by HSBC that they are going to try and sell three of their landmark buildings and raise additional capital through the sale of shares. A recapitilization attempt [...]

The LOL: Something for Nothing

admin — Fri, 10 Apr 2009 19:55:45 +0000

April 10th, 2009 To view today’s comic, click here. I know a while back, probably 6-7 months ago if you really put the gun to my head for a date, I was doing “funny” pictures/comics that were relevant to mergers and acquisitions, major brands, and then one just on the economy as a whole. I sort [...]

The Irrationalities of a Recession

admin — Thu, 09 Apr 2009 21:23:44 +0000

April 9th, 2009 So first off, my apologies that I haven’t put up anything lately. It was certainly not because I didn’t have anything to say, or that there was nothing to talk about. You could rummage through just about any online major media site and find a whole host of things to pick through. One [...]

Into The Clusterf**k: Why Detroit is Dying

admin — Wed, 18 Mar 2009 14:00:48 +0000

March 18th, 2009 The following is an article I wrote for one of our on-campus publications recently. If you’ve ever been curious about how Detroit is doing, here’s a fun exercise: look at real estate prices on Google. It was after a brief search that I found my dream home: a 3 bedroom, 2 bath, 1,636 square [...]

Why Jon Stewart’s CNBC Would Never Work

admin — Tue, 17 Mar 2009 14:00:13 +0000

March 17th, 2009 This article is in response to the Jim Cramer interview on the Daily Show last Thursday. Click here to watch the full interview on Comedy Cenral’s website. MLive.com gives a very good sum up as well. As one of last Thursday’s more central themes, greater responsibility on the part of financial journalists seemed [...]

When the Lender of Last Resort Becomes the Borrower of Greatest Need

admin — Mon, 16 Mar 2009 14:00:52 +0000

March 15th, 2009 The following is an article I wrote for one of our on-campus publications about two weeks ago. I think it’s still relevant today, especially in light of the fact that China is beginning to question the security of T-bills. If it was your brother-in-law with bad credit you’d just ignore his calls. [...]

Why I Think We’re in a Sucker’s Rally

admin — Sun, 15 Mar 2009 14:00:21 +0000

March 15th, 2009 So talk lately has centered around the pretty significant rally the Dow experienced last week, opening on Monday at 6,625.74 and closing the week out at 7,223.98, a 9% rally. The week’s rally and the talk of an expected bottom comes after Bank of America, JP Morgan, and Citigroup all said that [...]

Expect A Bad Bank Financial Rally

admin — Wed, 11 Feb 2009 05:12:54 +0000

February 10th, 2009 If you take a look at my Motley Fool CAPS profile (blade5adj), you’ll notice that I’ve currently placed several financial ETFs as outperform and a couple of financial shorts in underperform, and after today’s dismal affair you might wonder to yourself why anyone would even touch financials right now. But after today’s events, [...]