Opinions

Over the next month, the majority of my writing pieces will focus on asset bubbles and economic consequences that remain afterwards. I want to attempt to answer the following questions: What happened? Why did it happen? How long did it last? And, most importantly, what are the common denominators? I will also spend time discussing the use of shorting techniques to trade in this market and, while short selling may yield nice short term returns, why I believe it's a strategy that has largely failed over the long-term.


Blackrock and Neuberger for sale? My thoughts on whether or not MER and LEH will sell their money management stakes in Blackrock and Neuberger.


Merrill's Chief defends recent sale My thoughts on Merrill's CEO John Thain defending his recent asset sales and why it's not fair to criticize Thain but rather remember that he is cleaning up O'Neal's mess.


Asset bubbles and valuation (Part I) I discuss the current asset bubble and that key factors that created the mess: interest rates and Greenspan


Asset bubbles and valuation (Part II) Look at recessionary periods of this decade and the 1990s. We look at what caused the recessions, how long they lasted, and the performance of equity markets during these time periods.

Opinions

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  • Be sure to subscribe to my newsletter to stay in touch with my site. Over the course of this month, I will be adding downloadable excel spreadsheets that will allow investors to manipulate the financials for Goldman, Lehman, and Merrill. I will also be live-blogging their earnings conference calls in the upcoming months.


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Videos

  • Marc Faber on Bubbles

    Greenspan on credit problem

More Videos

  • I am always fascinated by successful entrepreneurs and the wisdom they provide. With that said, I am a big fan of, the Stanford educated, Peter Thiel, founder of Paypal and now hedge fund manager of Clarium Capital, a global macro venture capital fund he launched in 2005. He was an early investor in Facebook and sits on the company's board of directors. He is also an investor in Slide, LinkedIn and Friendster. You can download a great writeup of him right HERE.

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