Recent content by peterdeal

The nice thing about real estate collapses is that they do not happen overnight. You don't wake up one morning and your house is worth half what of what it was yesterday. But once home values go down, they generally never recover. Just another reason to live a debt avoiding lifestyle...

I heard that it wasn't the picks, it was the disciplined sell strategy. If they had a small loss the position was closed. No surprise about the brokers, though.